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Nigeria’s Power Privatization is an Economic Dead-end

Nigeria’s Power Privatization is an Economic Dead-end -           For democratic public ownership and management, and massive state funding of the power sector Despite all attempts by the capitalist ruling class in Nigeria and its big business town criers, to portray the privatization of the electricity sub-sector in Nigeria in good light, the reality has continued to show that it is nothing but sheer fraud and deceit. It is an attempt to rob the public in the interest of the few rich in Nigeria and globally, albeit using the general disillusionment in the current state of nation’s power sector, vis-à-vis erratic power supply and exploitation of people through the dubious bills. More than this, the current attempt at auctioning the state utility corporation, Power Holding Corporation of Nigeria (PHCN), again reflects the bankruptcy of the rent-seeking, predatory and clearly unproductive capitalist class in Nigeria – both in politic...

Bakassi Peninsula: No Justice from The Hague

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Bakassi Peninsula: No Justice from The Hague This article was first written in January 2008 as contribution to the debate on ceding of the oil-rich Bakassi Peninsula. It is edited today and republished for today’s discussions.          Without joining in the macabre dance of the self-styled nationalist jingoists – who have suddenly become advocates of territorial integrity but hypocritically defending neo-liberal deregulation and trade liberalization, which ceded the economic territory of not only the country but that of the working poor – one is tempted to ask those defending the current capitalist world relation: Where is thy democracy? The ceding of Bakassi peninsula – a seemingly mineral-endowed border community between Nigeria and Cameroon – has clearly demonstrated the hypocrisy of the international justice system, and the pro-imperialist nature of many African rulers – most of whom aside emerging from questionable civilian proce...