Chief Ernest Adegunle Oladeinde Shonekan (born 9 May 1936 in Lagos, Colonial Nigeria) is a British-trained Nigerian lawyer, industrialist, politician and traditional chieftain. He was appointed as interim president of Nigeria by General Ibrahim Babangida on the 26th of August, 1993.

Babangida resigned under pressure to cede control to a democratic government. Shonekan's transitional administration only lasted three months, as a palace coup led by General Sani Abacha forcefully dismantled the remaining democratic institutions and brought the government back under military control on the 17th of November, 1993.

Prior to his political career, Shonekan was the chief executive of the United African Company of Nigeria PLC, a large Nigerian conglomerate.


Interim government

Oloye Shonekan assumed the office of President of Nigeria on the 26th of August, 1993, with Babangida's blessing. The nation was gradually moving towards a stalemate. Shonekan had lobbied for debt cancellation but, after the cancellation of the 12th June elections, most of the western powers had imposed economic sanctions on Nigeria.

Inflation was uncontrollable and most non-oil foreign investment disappeared. The political problems continued. The winner of the June the 12th elections vowed to oppose the interim government. The democracy supporters of southwest Nigeria, Shonekan's region, considered him an obstacle on the nation's path to democracy, social justice, and improving the welfare of the people. During his few months in power, he tried to create a new timetable for democratic return, while his government was hampered by a workers' strike.

Shonekan released political prisoners detained by Babangida. He tried to set a timetable for troop withdrawal from ECOMOG's peacekeeping mission in Liberia. The government also initiated an audit of the accounts of NNPC, the oil giant, an organisation that had many operational inefficiencies. Shonekan's administration introduced a bill to repeal three major draconian decrees of the military government.

His control of the military was loose. This would ultimately prove to be his undoing, as the defence secretary made a military coup and took control of power in November 1993, just a few months into the administration.

NwaAmaikpe:



This coward of a man.
He deserves no praise.... he was an interim dummy who allowed power be snatched from him by Abacha.

Imagine the progress Nigeria would have made if he was steadfast and ensured democracy prevailed against the odds of the annulled SDP/NRC elections.

NwaAmaikpe:



This coward of a man.
He deserves no praise.... he was an interim dummy who allowed power be snatched from him by Abacha.

Imagine the progress Nigeria would have made if he was steadfast and ensured democracy prevailed against the odds of the annulled SDP/NRC elections.

three:
.

HAPPY BIRTHDAY!!

Reminds one of how people were knowingly and unknowingly co-opted into bringing Abacha to power...recurring decimals...after Abacha now Buhari...


FYI

Abacha's man - Chagoury is now Tinubu's friend and partner after posturing with NADECO

How does a 'Democracy Proponent and Activist' inherit the business partner of a military despot?

http://saharareporters.com/2007/07/10/day-abacha-man-chagoury-brought-them-all-monaco


.

NwaAmaikpe:



This coward of a man.
He deserves no praise.... he was an interim dummy who allowed power be snatched from him by Abacha.

Imagine the progress Nigeria would have made if he was steadfast and ensured democracy prevailed against the odds of the annulled SDP/NRC elections.