Pensions have been privatised, 92% of Nigerians are living on less than $2 per day, the interest rate stands at 36%, the (official) inflation rate at 15%, millions are either unemployed or not gainfully employed, life expectancy stands at 45 years, annual per capita GDP at $200 and incredible sums of debt hang over the head of the poor. There is no way out on the path of capitalism.

Yesterday attempts to amend the Nigerian Constitution to allow Obasanjo a third term in Office were defeated. Here we publish the latest Editorial of the Workers' Alternative written before the vote.

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