Friday, 5 December 2014

DEMOCRATIC CONSPIRACY -FRESH UPDATES


Former General Olusegun Obasanjo, previously a military ruler of Nigeria (1976-79), was inaugurated President on May 29, 1999, promising "fair and transparent government", and vowing to tackle the difficult legacy of previous military regimes. However, one year on, Nigeria's democracy remains fragile, and, despite some important positive developments, there remain serious challenges to the country's stability and to the new political order.
Promising signs of democratic change came swiftly on the heels of Obasanjo's inauguration, and included the creation of panels to investigate past corruption and human rights abuses, and the forced retirement of key military officers involved in previous military regimes. Nigeria became an active participant in regional affairs, helping to broker the Sierra Leone peace agreement and committing financial and military resources to the peacekeeping operation.
Nigeria's democratic transition ushered in a new era in US-Nigeria relations. The end of Nigeria's "international pariah" status was symbolized by President Obasanjo's official visit to the US in October 1999. 
In the same month, US Secretary of State Madeleine Albright visited Nigeria and announced a proposal to increase US aid four-fold in support of the democratic transition. Nigeria represents an important economic partner for the US, with bilateral trade on the increase - from $4.9 billion in 1994 to $6.7 billion in 1996. The US imports 8% of its oil from the Delta region.

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