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Nigeria news for August 2009

European Union to spend N9 Billion on Niger Delta Projects
European Union to spend N9 Billion on Niger Delta Projects
Date: 25 August 2009
European Union (EU) has said it would spend N9.2 billion in nine states in the Niger Delta region under its Micro Projects Programme (MPP).
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Nigeria's elite given deadline to pay off debts
Nigeria's elite given deadline to pay off debts
Date: 20 August 2009
Nigeria's anti-graft police have given defaulting debtors of five banks rescued in a $2.6 billion bailout, including some of the nation's most powerful tycoons, a week to organise repayment or face arrest and asset seizures.
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Nigeria - Wealthy yet poor
Nigeria - Wealthy yet poor
Date: 20 August 2009
Africa is a continent rich in natural resources, and yet most of its people live in poverty. Nigeria is no exception. Nigeria produces 2 million barrels of oil a day, has the seventh-largest natural gas reserves of any country in the world, but according the United Nations, the poverty rate in Nigeria has gone up from 46 percent to 76 percent over the last 13 years.
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Clinton hails greater cooperation with Nigeria
Clinton hails greater cooperation with Nigeria
Date: 13 August 2009
U.S. Secretary of State Hillary Clinton says a new bi-national commission between the United States and Nigeria will strengthen democratic reforms and military cooperation.
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FIFA U-17 World Cup Nigeria Plans Colourful Ceremony
FIFA U-17 World Cup Nigeria Plans Colourful Ceremony
Date: 09 August 2009
Nigeria has promised a colourful and befitting Draw Ceremony of the FIFA U-17 World Cup tagged "Nigeria 2009". The event would take place under a colourful atmosphere as organizers are planning to see that the event live up to a true spectacle. Already the auditorium of the International Conference Centre, Abuja venue of the Friday event is experiencing touches. The draw will be attended by world football's heavyweights.
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U-17 World Cup: FIFA okays Enugu Centre
U-17 World Cup: FIFA okays Enugu Centre
Date: 09 August 2009
Vice President of the Federation of International Football Association, (FIFA), Mr Jack Warner has okayed Enugu as one of the selected centers for the forthcoming under 17 World Cup. Giving the approval, the FIFA boss disclosed that he was impressed with the facilities put in place at the sub-seat.
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Domestic Airlines to Increase Fares
Domestic Airlines to Increase Fares
Date: 07 August 2009
Domestic airline operators may increase fares next week, in response to the sudden increase of the price of aviation fuel.
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Naira Slumps as Nigerian Central Bank Aims to Protect Reserves
Naira Slumps as Nigerian Central Bank Aims to Protect Reserves
Date: 02 August 2009
Nigeria’s naira declined to its weakest level in at least 15 years as the central bank limited supplies of dollars at its weekly auctions to protect the West African nation’s foreign reserves, according to Citigroup Inc.
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Hillary Clinton to visit Nigeria this month
Hillary Clinton to visit Nigeria this month
Date: 02 August 2009
U.S. Secretary of State and former First Lady Hillary Rodham Clinton is set for a visit to Nigeria on August 10-12.
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Nigerian city's streets calm after violence
Nigerian city's streets calm after violence
Date: 02 August 2009
Banks and markets have reopened in the city of Maiduguri after five days of fierce fighting between police and a radical Islamist sect.
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