Latest from factual, authoritative and accessible economic magazine, the Economic Confidential. You can also join us on the Facebookhttp://www.facebook.com/economicconfidential and http://www.facebook.com/economicmagazine
2015 President In The Waiting: Who Amongst These Men?
While this report highlights the frontrunners towards the Presidential election in 2015, the Economic Confidential does not rule out the emergence of a dark horse; an unpopular person that could sneak in to prominence and win the elections. In this investigation on underground campaigns are focused on the major contenders as we provide briefs on each including Aliko Dangote, Namadi Sambo, Atiku Abubakar, David Mark, Bukola Saraki and the Dark Horse.... Read the full detail: http://economicconfidential.net/new/features/835-2015-president-in-the-waiting-who-amongst-these-men-
FAAC: How They Share N1 Trillion and $500 Million after Protest in November 2011 and Breakdown to Each state
The Economic Confidential magazine provides how the distribution of a total sum of N1 trillion being the statutory and VAT allocations and an additional Special Grant of $500 million shared to all tiers of government were made after a protest at the meeting of the Federation Account Allocation Committee (FAAC) in October 2011. Not only in Naira but US dollars were distributed. The highest recipients of naira components are from the oil producing states with Rivers receiving N22.4bn, Akwa Ibom N21.9bn, Delta 21.8bn and Bayelsa N13.7bn. Read the full detail: http://economicconfidential.net/new/financial/facts-a-figures/833-faac-how-they-share-n1-trillion-and-500-million-after-protest
How Removal Of Fuel Subsidy Will Help The Economy-FIRS
……FIRS says it didn't disagree with FG on subsidy. The attention of the Federal Inland Revenue Service has been drawn to news stories reported in several newspapers today, Monday 31st October 2011, stating that the agency is in disagreement with the Federal Government on the planned removal of oil subsidy. There were various strands of the same report in several dailies, suggesting that there is a crack within government over the economic policy direction of the Federal Government. Read full: http://economicconfidential.net/new/financial/tax-matters/824-how-removal-of-fuel-subsidy-will-help-the-economy
Sovereign Wealth Wahala!
The phrase, 'Sovereign Wealth Fund', SWF, may sound like 'big grammar' to the average layman, who, with little education, represents the critical mass of our population. It may not be enough to explain that SWF is similar to personal or family savings because the majority of our poverty stricken citizens, who live on the proverbial $2 a day have never been blessed with surplus income to permit the luxury of savings for basic need of food for more than a day or two at any one time!Read: http://economicconfidential.net/new/features/806-soveriegn-wealth-wahala
That A New Nigeria May Come Forth
Last week's bombings and gunning down by Boko Haram of innocent Nigerians in Maiduguri and Damaturu during the November Muslim holiday period, including attacks on churches, clearly make the mission of the group completely confusing. The news that there are now three factions of the group with different preferences and inclinations further shows that the Boko Haram is yet to position itself as a means to a definite end. Read: http://economicconfidential.net/new/features/807-that-a-new-nigeria-may-come-forth
The Problems of Public and Private Universities in Nigeria
The major aim of establishing tertiary institutions is to build high-level manpower for national development. It is a place where people acquire the needed tools; social, mental and intellectual skills, which will be required by the beneficiary to become self-reliant and resourceful member of the society.Read: http://economicconfidential.net/new/features/803-the-problems-of-public-and-private-universities-in-nigeria
Fuel Subsidy And AIDS (Acquired Integrity Deficiency Syndrome)
Within last week, CAN the umbrella body of Christians through its leadership have lent its support to the removal of subsidy, and before them were some select group of 'government-business' people. As all these noise increases, the governors are speaking from both sides of their mouth. NLC is given terms for its support and the National Assembly is summoning everyone and everything. Read http://economicconfidential.net/new/features/805-fuel-subsidy-and-aids-acquired-integrity-deficiency-syndrome
Is Corruption a Good Business in Nigeeria
On the way to Ibadan from Lagos, just after crossing the first of the concrete bridges on that most horrible and dangerous of roads called Lagos/Ibadan Expressway (more like expressway to hell) on the Lagos/Ogun States border, on the right you will see the business empire of one Otunba Ghadaffi (SAN), and the sign saying "SHIT BUSINESS IS GOOD BUSINESS", referring to the commendable fact that he has departed from being a lawyer and made a fortune in dealing with what most of us are repugnant of – waste and environmental management. Read: http://economicconfidential.net/new/features/831-corruption-is-good-business
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