The central bank of Nigeria last August injected about $2.6 billion into five banks to bail them out. The Central Bank governor also announced that he wouldn’t hesitate to print money, if there was need to bail out more banks.
“A bailout policy is based on faulty ‘economic thought’ it doesn’t matter what country is doing it”.
Zimbabwe
Nigeria Bank Rescue and Economic implications.
Transition in African Elections: From Bullets to Ballot
An elections system is synonymous with the constitution of most countries. The first wave of elections in the African continent was democratic and was done by departing colonial powers; they were free and fair with a large spectrum of representation.