ABUJA, Nigeria — Private jets that used to crowd the airport here have been grounded, their wings clipped by the new government’s crackdown on corruption. Rolls-Royces, Range Rovers and Jaguars are gathering dust in the showroom of this capital’s top car dealer. Luxury villas are left unsold, as is the fine Italian marble used to bedeck the homes of Nigeria’s newly rich.
Nigeria has arrested the chairman of a local oil firm, a security official said on Tuesday, as part of a widening graft investigation in Africa's biggest petroleum producer that has also netted former oil minister Diezani Alison-Madueke.
Nigeria has arrested the head of a major local oil firm only a day after the oil giant's former petroleum minister was arrested in the UK on corruption charges. The government has said it will clamp down on graft.
ABUJA, NIGERIA — Four long months after taking office Nigerian President Muhammadu Buhari finally announced his cabinet positions, with the most controversial and lucrative – oil – going to himself.
Mr. Buhari campaigned on a pledge to end corruption, and nowhere is that corruption more insidious than in the oil ministry of Africa’s most populous country.
Yet whether Buhari, himself a former oil minister, can clean up an industry that two years had $20 billion in missing funds is quite unclear. Critics say the new president is over-reaching with what amounts to a full-time second job.