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Archive for November 27th, 2012

Pressure on president to switch on more light

Posted by Business in Ghana on November 27, 2012

By William Wallis and Xan Rice, FT.com

A decade of rapid economic expansion on the back of high oil prices and a boom in services has delivered greater prosperity and confidence to parts of Nigeria’s south – notably Lagos, the commercial capital, and more recently the oil-producing Niger delta from where Mr Jonathan hails.

But the development of the mainly Muslim north has been left trailing dangerously, at the same time as the region’s elites are smarting from a loss of political power. It is not entirely coincidental that an Islamist insurgency has taken root, its rank and file peopled by young men with little hope of finding jobs. Read the rest of this entry »

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