Prior to his political career, Shonekan was the chairman and chief executive of the United African Company of Nigeria, a large Nigerian conglomerate, which at the time was the largest African-control
Economy
Shonekan had lobbied for debt cancellation but, after the election annulment, most of the Western powers had imposed economic sanctions on Nigeria. Inflation was uncontrollable
and most non-oil foreign investment disappeared. The government also initiated an audit of the accounts of NNPC, the oil giant, an organisation that had many operational inefficiencies.
Political crisis
Shonekan was unable to control the political crisis which ensued following the election annulment. During his few months in power, he tried to create a new timetable for democratic return, while his government was hampered by a national workers' strike. Opposition leader Moshood Abiola, viewed Shonekan's interim government as illegitimate.
Democratisation
Shonekan released political prisoners detained by Babangida. Shonekan's administration introduced a bill to repeal three major draconian decrees of the military government.
Military
Shonekan tried to set a timetable for troop withdrawal from ECOMOG's peacekeeping mission in Liberia. General Sani Abacha, was the minister of defence and chief of defence staff who had full control over the military. In November 1993, three months into his administration,
WHAT DO YOU THINK?
...............
LINKS YOU MIGHT LIKE.
Kindly Visit My Blog For Latest News,
Entertainment, Video Documentaries
.........
I AM ALSO A WEBSITE DESIGNER.
CALL OR WHATSAPP ME TO DESIGN
YOUR WEBSITE 08136125128
...........
You Can Visit My Company Official Website To Learn More About My Products And Services
............
FACEBOOK COMMENTS
View previous comments…
Stanley Arinze
And president Bubu is 76yrs old.