Nigeria’s 2011 polls could lead to instability in the African nation, a former U.S. ambassador says. The possible end of a power-sharing arrangement between the Muslim north and the Christian south may trigger post-election sectarian violence, paralysis of the executive branch, and even a coup, John Campbell, former U.S. Ambassador to Nigeria, writes in the Foreign Affairs website of the Council on Foreign Relations.
Meantime, Nigerian President Goodluck Jonathan said Sept. 13 that he had sent a bill to Parliament aimed at creating a sovereign wealth fund, which will allow the nation to divert some of its revenues to infrastructure and financial reserve. Jonathan said the federal and state governments had set aside USD1 billion in seed capital, Reuters reports.