Latest from factual, authoritative and accessible economic magazine, the Economic Confidential. You can also join us on the Facebook http://www.facebook.com/economicconfidential, http://www.facebook.com/economicmagazine and also Twitter : http://twitter.com/economicng
FERMA to Engage 10,000 Nigerians for Road Maintenance- Engr. Adeniji
Engr. Ezekiel Olajide Adeniji is currently the Chairman of the Federal Road Maintenance Agency (FERMA). In an interview with the Economic Confidential discloses that his agency would recruit 10,000 Nigerians within the year for road maintenance while toll gates would also be reintroduced. Read: http://economicconfidential.net/new/interviews/1051-ferma-to-engage-10000-nigerians-for-road-maintenance-engr-adeniji
FIRS revenue hits N2.43t
The total revenue of Federal Inland Revenue Service (FIRS), which is generated through taxation in the first half of the year 2012, has increased to about N2.43 trillion. According the Director of Communications and Liaison Department, Mr. Emmanuel Obeta, the revenue generated was N499.2 billion more than the total collection of N1.94 trillion for the corresponding period last year.Read: http://economicconfidential.net/new/financial/tax-matters/1058-firs-revenue-hits-n243t
Aruma Oteh's recall: An avoidable liability for GEJ
It is clear that in taking this decision, the President did not think of the industry-wide implications; it is even doubtful if he factored into his thinking how such would affect his overall lingering image as a feeble leader in the battle against corruption. If he really thinks that Ms. Oteh is such an indispensable item in his calculus of political success, he is free to appoint her as a minister or, more fashionably, as a Permanent Secretary, following in the lofty footsteps of his wife's appointment as a Permanent Secretary in absentia by the Dickson administration in his homeland Bayelsa State. Read: http://economicconfidential.net/new/features/1066-aruma-otehs-recall-an-avoidable-liability-for-gej
Ejike Okpa: Nigerian Real Estate Practitioner in the Diaspora
Mr. Ejike Okpa, a public commentator and blogger. He would make an honorable entry in the archives of Texas as he would be commissioned by Texas Governor Perry as an Admiral in Texas Navy based on recognition of his Texas/Dallas community service. He is the first Black to be so recognized. By Fall 2012, a scholarship in his name would also be endowed by a group of Dallas business men at the University of North Texas, Denton, in recognition of his service. Read: http://economicconfidential.net/new/component/content/article/1050-ejike-okpa-nigerian-real-estate-practitioner-in-the-diaspora
Namadi Sambo: Between Loyalty and Humility
Going by his personality traits, he doesn't display aura of arrogance and desperation for public office as the Vice President. His public outings and statements are devoid of ulterior motives. His position on various issues, whether as representations of his Boss, the President, or personal remarks, are done maturely, responsibly and sometimes eloquently delivered in tune with the public sensitivity and reality on the ground. Read: http://economicconfidential.net/new/features/1069-namadi-sambo-between-loyalty-and-humility
CBN and the Ostrich
CBN also belatedly recognized that the excessive liquidity of the banks had provided opportunity for speculative activities in the forex market. Sanusi finally concluded that the product of banks' anti-economy activities is the reality of aggregate domestic credit declining by over 5% between June 2011 and June 2012. Read: http://economicconfidential.net/new/features/1052-cbn-and-the-ostrich
A clue for the clueless Country
Since we have 36 billion dollars as reserves – and we have 36 states – the government can use the money for the projects in each state before the money fizzles away. At least Nigeria will have something different from that of the previous century. But before you accost me, let me give reasons for suggesting this pedestrian theory. When Olusegun Obasanjo left power in 2007, Nigeria's foreign reserves were about 80 billion dollars. Obasanjo himself recently blamed his successors for squandering about 35 billion dollars from the reserves he left. Read: http://economicconfidential.net/new/features/1064-a-clue-for-the-clueless-country
AFRICOM for Peace or Destabilization
The Leading nations of Africa such as Nigeria and Egypt are going through one of the most trying political and social challenges bordering on security and sustainability. While many reasons have been discussed since, AFRICOM has recently attracted the attention of peace movements and other non-governmental advocates, for its increased military activities on the continent of Africa. Read: http://economicconfidential.net/new/features/1067-africom-for-peace-or-destabilization
Plateau, the media and 10 years of harvest of blood
Earlier, Ruben Abati, spokesman of President Jonathanissued a press release chorusing the claim that Senator Datong was shot and killed during the attack on the mourners. However, since the true version of the story and the correct identity of those behind the killings surfaced not much has happened to the previous accounts of the attack. For instance, no one has apologised for wrongly blaming Fulani herdsmen and the reckless reports that probably provoked reprisal attacks. Read: http://economicconfidential.net/new/features/1060-plateau-the-media-and-10-years-of-harvest-of-blood
Visit our websites for more:
Economic Confidential
FERMA to Engage 10,000 Nigerians for Road Maintenance- Engr. Adeniji
Engr. Ezekiel Olajide Adeniji is currently the Chairman of the Federal Road Maintenance Agency (FERMA). In an interview with the Economic Confidential discloses that his agency would recruit 10,000 Nigerians within the year for road maintenance while toll gates would also be reintroduced. Read: http://economicconfidential.net/new/interviews/1051-ferma-to-engage-10000-nigerians-for-road-maintenance-engr-adeniji
FIRS revenue hits N2.43t
The total revenue of Federal Inland Revenue Service (FIRS), which is generated through taxation in the first half of the year 2012, has increased to about N2.43 trillion. According the Director of Communications and Liaison Department, Mr. Emmanuel Obeta, the revenue generated was N499.2 billion more than the total collection of N1.94 trillion for the corresponding period last year.Read: http://economicconfidential.net/new/financial/tax-matters/1058-firs-revenue-hits-n243t
Aruma Oteh's recall: An avoidable liability for GEJ
It is clear that in taking this decision, the President did not think of the industry-wide implications; it is even doubtful if he factored into his thinking how such would affect his overall lingering image as a feeble leader in the battle against corruption. If he really thinks that Ms. Oteh is such an indispensable item in his calculus of political success, he is free to appoint her as a minister or, more fashionably, as a Permanent Secretary, following in the lofty footsteps of his wife's appointment as a Permanent Secretary in absentia by the Dickson administration in his homeland Bayelsa State. Read: http://economicconfidential.net/new/features/1066-aruma-otehs-recall-an-avoidable-liability-for-gej
Ejike Okpa: Nigerian Real Estate Practitioner in the Diaspora
Mr. Ejike Okpa, a public commentator and blogger. He would make an honorable entry in the archives of Texas as he would be commissioned by Texas Governor Perry as an Admiral in Texas Navy based on recognition of his Texas/Dallas community service. He is the first Black to be so recognized. By Fall 2012, a scholarship in his name would also be endowed by a group of Dallas business men at the University of North Texas, Denton, in recognition of his service. Read: http://economicconfidential.net/new/component/content/article/1050-ejike-okpa-nigerian-real-estate-practitioner-in-the-diaspora
Namadi Sambo: Between Loyalty and Humility
Going by his personality traits, he doesn't display aura of arrogance and desperation for public office as the Vice President. His public outings and statements are devoid of ulterior motives. His position on various issues, whether as representations of his Boss, the President, or personal remarks, are done maturely, responsibly and sometimes eloquently delivered in tune with the public sensitivity and reality on the ground. Read: http://economicconfidential.net/new/features/1069-namadi-sambo-between-loyalty-and-humility
CBN and the Ostrich
CBN also belatedly recognized that the excessive liquidity of the banks had provided opportunity for speculative activities in the forex market. Sanusi finally concluded that the product of banks' anti-economy activities is the reality of aggregate domestic credit declining by over 5% between June 2011 and June 2012. Read: http://economicconfidential.net/new/features/1052-cbn-and-the-ostrich
A clue for the clueless Country
Since we have 36 billion dollars as reserves – and we have 36 states – the government can use the money for the projects in each state before the money fizzles away. At least Nigeria will have something different from that of the previous century. But before you accost me, let me give reasons for suggesting this pedestrian theory. When Olusegun Obasanjo left power in 2007, Nigeria's foreign reserves were about 80 billion dollars. Obasanjo himself recently blamed his successors for squandering about 35 billion dollars from the reserves he left. Read: http://economicconfidential.net/new/features/1064-a-clue-for-the-clueless-country
AFRICOM for Peace or Destabilization
The Leading nations of Africa such as Nigeria and Egypt are going through one of the most trying political and social challenges bordering on security and sustainability. While many reasons have been discussed since, AFRICOM has recently attracted the attention of peace movements and other non-governmental advocates, for its increased military activities on the continent of Africa. Read: http://economicconfidential.net/new/features/1067-africom-for-peace-or-destabilization
Plateau, the media and 10 years of harvest of blood
Earlier, Ruben Abati, spokesman of President Jonathanissued a press release chorusing the claim that Senator Datong was shot and killed during the attack on the mourners. However, since the true version of the story and the correct identity of those behind the killings surfaced not much has happened to the previous accounts of the attack. For instance, no one has apologised for wrongly blaming Fulani herdsmen and the reckless reports that probably provoked reprisal attacks. Read: http://economicconfidential.net/new/features/1060-plateau-the-media-and-10-years-of-harvest-of-blood
Visit our websites for more:
Economic Confidential
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