Wednesday, 15 September 2010

Finally Jonathan Declares, IBB too, PDP in Sudden NEC Meeting

Latest from factual, authoritative and accessible economic magazine, the Economic Confidential. You can also join us on the Facebook www.facebook.com/economicconfidential. Click on the READ for full information or visit www.economicconfidential.com
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Finally Jonathan Declares, IBB and PDP Sudden NEC Meeting
While President Ibrahim Babangida was busy declaring his intention to contest at the Eagle square in Abuja at the time PDP suddenly decided to also hold its NEC meeting, President Goodluck Jonathan was busy writing his script. Jonathan has therefore officially declared his intention to contest in his Social Network Page (facebook). Read the politics and the text of Jonathan's declaration... READ here: http://www.economicconfidential.com/x/index.php/national-news/436-goodluck-finally-declares-for-the-presidential-election-on-facebook
 
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Economic Confidential
Factual, Authoritative and Accesible
Nigeria's Economic Magazine


Monday, 13 September 2010

Atiku Drops Bombshell as Hacker Attack NASS Web

Latest from factual, authoritative and accessible economic magazine, the Economic Confidential. You can also join us on the Facebook www.facebook.com/economicconfidential. Click on the READ for full information or visit www.economicconfidential.com
available on the web: www.economicconfidential.com

INTERVIEW:Things Can Change Within 12 hours to Elections- Atiku Abubakar
Atiku Abubakar told the Economic Confidential that "as diverse as we are, we have the capacity to come together in less than 12 hours. In 2003 convention, it was within few hours that we decided that let us give it to this man within 12 hours, even at the convention ground states were calling to ask; should we still vote for this man or that man?So do not underestimate the capacity of the north to come together within 12 hours..." READ

Hacker attacks National Assembly Website
As Nigerians enjoy a public holiday to celebrate Islamic festival of Eid-Fitr a hacker has defaced the official website of the National Assembly, the bicameral legislature and the highest elective law-making body in Nigeria. The Economic Confidential, an online economic magazine discovered that some pages of the website were defaced by a user named 'Navid Karimi' without giving his true identity and reasons for the attack. READ
 
Hajia Yabawa Wabi: A Female Accountant for FAAC
Apart from having distinctions in WAEC and Upper Credit in Bsc Accounting, another interesting story of this new Finance Minister of State, Hajia Yabawa Wabi is that her sisters are wives to governors, minister, while her brothers are federal legislators.A female chartered accountant from the Northern Nigeria, she is a housewife and working mother. READ

Federation Account: How They Share N607bn in July 2010
The Economic Confidential magazine provides here the distribution of a total sum of N607 billion being the Statutory and VAT allocations shared to all tiers of government in July 2010. From the table of net disbursements, the highest recipients are from the oil producing states with Akwa Ibom receiving N17.4bn, Rivers N15.7bn, Delta N9.6bn, Bayelsa N5.5b. The highest recipients from non-oil –producing states are Lagos N12.5n and Kano N9.4bn. READ

Still on Reforming the Public Service
Unlike in the private sector where merit is the keyword for promotion, in the public service, it takes some hardworking staff many years to be considered. It seems without the death or termination of appointment of workers, vacancies for elevation may be elusive because the senior and aging civil servants consistently update their ages backwards to remain in the service by refreshing their birth documents and dyeing their hair. The attitudes of those true "Senior Servants" delay others' promotions and deny fresh recruitments.READ

Goodbye to 'UP NEPA!'
"Up NEPA!" is the shout of joy which rends the air as soon as electricity supply is restored to our homes after power blackout. This kind of shouts are not heard in advanced countries or even smaller developing countries like Benin Republic and Ghana because they have steady supply of electricity, this explains why some of our indigenous companies and industries have relocated to Ghana and Benin Republic. READ

Still on Universal Banking System
The decision of the apex bank to shut down the operation of the subsidiaries of some of the nation's deposit money banks has continued to cultivate fear not only in the mind of the banks' stockholders, but also the employees of the various subsidiaries. The action is seen as a measure to attain specialized and sound banking culture among the banks in Nigeria. READ

Nigeria @50: A Quest for Economic Independence
The attainment of economic independence is a key marker of the contemporary transition for any nation into adulthood. It is fascinating to know that Nigeria is celebrating her 50th political independence anniversary amidst the illusion of economic growth and uncertainties as to the country's preparedness to truly gain an economic independence in the nearest future. READ

Reassessing Impacts of MDGs in Nigeria
A Global Partnership for Development was adopted by 189 nations, signed by 147 heads of state and governments during the UN Millennium Summit in September 2000. Bill Gates has called them "the best idea for focusing the world on fighting global poverty that [he has] ever seen." The signing of the partnership was the beginning of the process towards the establishment of Millennium Development Goals (MDGs). READ

National Cyber Security Summit in Tinapa
National Cybersecurity Summit for National Defense & Law Enforcement will take place in Tinapa Business Resort on 27-29th October, 2010. The Theme: "Harmonizing Strategies against National Vulnerability and Cybercrime: -A Strategic Stride towards achieving Vision 202020" READ

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Factual, Authoritative and Accesible
Nigeria's Economic Magazine

 

 
Economic Confidential
Factual, Authoritative and Accesible
Nigeria's Economic Magazine

Wednesday, 8 September 2010

The New Service Chiefs Names and Approved Banking Model

Latest from factual, authoritative and accessible economic magazine, the Economic Confidential. You can also join us on the Facebook www.facebook.com/economicconfidential. Watch out for an exclusive interview with Atiku Abubakar also on the Economic Confidential soon.

Jonathan Names New Chiefs for Armed Forces, Police and SSS
President Goodluck Ebele Jonathan of Nigeria has finally replaced heads of the Nigerian Armed Forces and the Police with the appointment of new bosses for the security services. The new service chiefs are READ from this link:

CBN Approves Revised Banking Model
As part of the blue-print for reforming the Nigerian financial system which includes the enhancement of the quality of banks, financial system stability and evolution of healthy financial sector, the Central Bank of Nigeria (CBN), in compliance with the statutory provisions of the Banks and Other Financial Institutions Act (BOFIA) regarding the conduct of banking business has concluded the review of the universal banking. READ: http://www.economicconfidential.com/x/index.php/monetary/425-cbn-approves-revised-banking-model

Nigeria's Leadership Roles in Africa and Daunting Challenges
Nigeria has since Independence been playing a significant leadership role in the West African Sub-region and indeed the African continent. Africa has remained the centerpiece of Nigeria's foreign policy since independence in 1960. With a population of about 150 million people, almost one quarter of the African continent and being endowed with immense physical and human resources, Nigeria is destined to play leadership roles in the affairs of the continent. This is exactly what the country has been doing for decades, notwithstanding the financial, political, social and diplomatic challenges. READ:

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Monday, 6 September 2010

FIRS Jobs for only 2% Applicants, as Jimoh Ibrahim Stays at CAC

Latest from factual, authoritative and accessible economic magazine, the Economic Confidential. You can also join us on the Facebook www.facebook.com/economicconfidential. Watch out for an exclusive interview with Atiku Abubakar also on the Economic Confidential this week.

FIRS Jobs: Only 2% of Applicants Make Final List
With its financial autonomous and improved conditions of service for the staff, the Federal Inland Revenue Service (FIRS) has become a hot destination for job seekers in Nigeria. The Economic Confidential gathered that only two percent of over 100,000 applicants are successful in a recent recruitment exercise. READ

CAC Crisis Resolved, Jimoh Ibrahim Stays
The staffs of the Corporate Affairs Commission (CAC), has called off the industrial action it embarked on recently just as Bar. Jimoh Ibrahim remains the Chairman of the Commission. READ

Buhari Attacks Jumbo Pay and Presidential Jets
A former military leader, General Mohammad Buhari has condemned jumbo salaries for legislators as well as the procurement of new jets for the Presidency. General Buhari made this known in an interview with a popular online portal, Nigeria Village Square.  He said: "There must be some decency in the amount of money public officers are paid." READ

World Bank Commends CBN, Says No Credit Crunch in Nigeria
The World Bank has commended the on-going banking reforms by the Central Bank of Nigeria (CBN) and also stated that contrary to perception in certain quarters, there is no evidence of credit crunch in the Nigerian economy. READ

EFCC to Stop Corrupt Politicians In 2011 as it Partners FBI
Chairman of the Economic and Financial Crimes Commission, EFCC, Mrs Farida Waziri has insisted that nothing will stop the anti-graft agency from working with other sister organisations to ensure that public office seekers with corruption cases hanging on their neck are denied further access to loot the nation's treasury. READ

Federal Legislators to Empower Vision 2020
A draft bill seeking to make all tiers of government to comply with the Nigeria's Vision 2020 economic development blueprint will soon be on its way to National Assembly for consideration and passage in to law. By the provision of the proposed bill, Minister for national planning would have to verify and endorse all development programmes and plans of all tiers of government to ensure that they are not in conflict with the provisions of the vision before they can be implemented. READ

African Countries to Converge on Accra for Cultural Festival
A new dawn in the revival and promotion of Africa's arts, culture and tourism is in the offing as CultureDigest International magazine, with the support of partners unfolds a 4-day African cultural festival-AfriCultureWeek. The festival was conceived by CultureDigest International magazine as a yearly event in line with the Charter for African Cultural Renaissanc. The festival is scheduled for February 2-6, 2011 in Accra Ghana. READ

Re: 'Senators, Ministers Hijack 524 Jobs in FIRS': Facts
In line with FIRSEA 2007 and the need to address staffing gaps long identified in the Service, the FIRS began taking steps to reposition the Service starting with a placement exercise to align staff to positions within the redefined organization structure of the Service and then a massive recruitment exercise which was concluded in July 2010. The placement exercise was originally to include a competency test administered on all staff of the Service. However, due to staff preference, the test was dropped, albeit with an understanding that all vacancies in the Service would be advertised and be filled by qualified internal staff and external stakeholders or persons. READ

ICT Steers Assessment World – Prof. Ojerinde
The President of the International Association for Educational Assessment (IAEA), Professor Adedibu Ojerinde has admitted that the dynamics in the assessment world have changed fundamentally across the globe. According to him, the Theories, Models, Policies, Principles and Practice of evaluation have under gone a lot of vicissitudes and panel beating with their corollary outcomes which are both positive and negative. READ

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Economic Confidential
Factual, Authoritative and Accesible
Nigeria's Economic Magazine