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Saraki: Godfather of Kwara Politics is Gone
Tributes and more tributes pour in as former Senate leader and strongman of Kwara politics Dr. Abubakar Olusola Saraki breathed his last yesterday morning at his Lagos residence. A victim of cancer, he has since been buried according to Muslim rites. Read: http://economicconfidential.net/new/news/national-news/1173-abubakar-olusola-saraki-1933-2012-departure-of-a-strongman
Ribadu report: Oil moguls fight back
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Economic Confidential
Saraki: Godfather of Kwara Politics is Gone
Tributes and more tributes pour in as former Senate leader and strongman of Kwara politics Dr. Abubakar Olusola Saraki breathed his last yesterday morning at his Lagos residence. A victim of cancer, he has since been buried according to Muslim rites. Read: http://economicconfidential.net/new/news/national-news/1173-abubakar-olusola-saraki-1933-2012-departure-of-a-strongman
Ribadu report: Oil moguls fight back
Following the brouhaha that followed President Goodluck Jonathan's New Year 2012's increment of the price of premium motor spirit (pms) from N65 to N141, the executive arm of government through the Minister of Petroleum Resources, Mrs. Deziani Alison Madueke established some committees including Petroleum Revenue Special Task Force ostensible aimed at instilling the culture of transparency and accountability in the oil industry. Read: http://economicconfidential.net/new/features/1142-ribadu-report-oil-moguls-fight-back
CBN to punish banks that reject voters' card as identification
Nigerians, especially those in the informal sector who normally have difficulty identifying themselves during banking transactions can now heave a sigh of relief with the central bank adopting voters' registration card as a formal form of identification. Read: http://economicconfidential.net/new/financial/monetary/1166-cbn-to-punish-banks-that-reject-voters-card-as-identification-
Again FIRS Exceeds Target, Generates N3.81trn
As it continues to improve its tempo of operations, the Federal Inland Revenue Service (FIRS), under its Acting Chairman and Chief Executive Officer, Alhaji Kabir Mashi, has once again exceed its set target, generating N3.81 trillion as revenue in nine months, beating its provisional target of N3.6 trillion. Read: http://economicconfidential.net/new/financial/tax-matters/1151-again-firs-exceeds-target-generates-n381trn
Cross Rivers Gets Political Solutions Over Oil Wells
A meeting on how to resolve the economic logjam created by the loss of 76 oil wells by Cross Rivers State was recently held at the Presidential Villa, Abuja and was presided over by Vice President Arc Mohammed Namadi Sambo. Read: http://economicconfidential.net/new/news/state-news/1164-cross-rivers-may-get-political-solutions-over-oil-wells
FG to boost non-oil export trade with ECOWAS countries
The Federal Government has said that it has put structures in place to boost trade between Nigeria and other member states of the Economic Community of West Africa (ECOWAS). Minister of Trade and Investment, Mr. Olusegun Aganga, said this during the opening ceremony of the 3rd Nigerian Non-Oil Export Conference Exhibition and Awards, in Abuja. Read: http://economicconfidential.net/new/news/national-news/1155-fg-to-boost-non-oil-export-trade-with-ecowas-countries-
Again, Ineptitude Kills 9 Miners in Zamfara
At least nine miners were confirmed dead when a mining pit collapsed on them at Dogon Daji village of Maru Local Government Area, Zamfara State, Nigeria. Unfortunately, the dead are among the hordes who take advantage of the chaotic mining sector in the country to engage in illegal mining activities. Read: http://economicconfidential.net/new/news/state-news/1163-again-ineptitude-kills-9-miners-in-zamfara
Ajimobi promises discount on lands to UK investors
Governor Abiola Ajimobi of Oyo State has promised at least 80 per cent discount on lands for investors in the agriculture sector, as an incentive to bringing them to the state. Read: http://economicconfidential.net/new/news/state-news/1161-ajimobi-promises-discount-on-lands-to-uk-investors-
Kwara to create 16 more parastatals
As part of efforts to energise the workings of the government with a view to meeting the ever increasing demands of the people, the Kwara State Government is poised to create 16 more boards of parastatals in the state. The state Governor, Dr. Abdulfatah Ahmed, disclosed this while receiving the Chairmen of Boards of Parastatals and Agencies of the state who paid him a visit at the Government House, Ilorin, the state capital. Read: http://economicconfidential.net/new/news/state-news/1158-kwara-to-create-16-more-parastatals-
Anambra to Revive Onitsha Mineral Water Industries
Anambra State Government has initiated measures to resuscitate the collapsed Nigeria Mineral Water Industries, Onitsha. The state Governor, Mr. Peter Obi disclosed this intention during an inspection tour of the facility in company of some top government officials and a team of foreign investors from South Africa. Read: http://economicconfidential.net/new/news/state-news/1159-anambra-to-revive-onitsha-mineral-water-industries-
FCT Area Councils Share N1.89bn
The Federal Capital Territory Area Councils Joint Account Allocation Committee (JAAC) has distributed a total sum of N1,894,400,916.45 among the six area councils being revenue and Subsidy Reinvestment and Empowerment Programme (SURE-P) allocations for the month of September. Read: http://economicconfidential.net/new/news/state-news/1160-fct-area-councils-share-n189bn-
To be black, to be African
Many Africans – especially Nigerians – who came to the US as toddlers or as teenagers, also tend to deny their African heritage. Many have gone on to anglicise their African names. It is also not uncommon to find those, whose parents and grandparents are Nigerians, say "my parents are Nigerians, but I am an American." It is as if to be a Nigerian is a sin. Read: http://economicconfidential.net/new/features/1144-to-be-black-to-be-african
Oil economy: Between Nigeria and Ghana
Much has been written in recent times on how Ghana has been getting it right on many fronts, notably politics and economy. The decision of the United States President Barack Obama to choose Ghana as one of the very few African countries he visited in 2009 was another strong statement on the place of Ghana in this region. Read: http://economicconfidential.net/new/features/1147-oil-economy-between-nigeria-and-ghana
Rising Anarchism And Its Socio-Economic Implications
The ongoing accelerating cases of deadly attacks involving kidnapping, rape, and bombing across the land have posed series of unbearable challenges to governments, individuals, security personnel, and other stakeholders as they are backpedalling political and socio-economic efforts toward the achievement of the Vision 20:20:20. Read: http://economicconfidential.net/new/features/1143-rising-anarchism-and-its-socio-economic-implications
Does Nigeria Need a Revenue Crisis?
I am thinking about a situation when crude oil prices do not exceed 40 US dollars a barrel and the demand for Nigeria's oil drops, partly because the US (a country that imports about 40 percent of Nigeria's crude oil) cuts down significantly on imports of the product from Nigeria as from other exporters of crude oil to that country. Read: http://economicconfidential.net/new/features/1141-does-nigeria-need-a-revenue-crisis
CBN to punish banks that reject voters' card as identification
Nigerians, especially those in the informal sector who normally have difficulty identifying themselves during banking transactions can now heave a sigh of relief with the central bank adopting voters' registration card as a formal form of identification. Read: http://economicconfidential.net/new/financial/monetary/1166-cbn-to-punish-banks-that-reject-voters-card-as-identification-
Again FIRS Exceeds Target, Generates N3.81trn
As it continues to improve its tempo of operations, the Federal Inland Revenue Service (FIRS), under its Acting Chairman and Chief Executive Officer, Alhaji Kabir Mashi, has once again exceed its set target, generating N3.81 trillion as revenue in nine months, beating its provisional target of N3.6 trillion. Read: http://economicconfidential.net/new/financial/tax-matters/1151-again-firs-exceeds-target-generates-n381trn
Cross Rivers Gets Political Solutions Over Oil Wells
A meeting on how to resolve the economic logjam created by the loss of 76 oil wells by Cross Rivers State was recently held at the Presidential Villa, Abuja and was presided over by Vice President Arc Mohammed Namadi Sambo. Read: http://economicconfidential.net/new/news/state-news/1164-cross-rivers-may-get-political-solutions-over-oil-wells
FG to boost non-oil export trade with ECOWAS countries
The Federal Government has said that it has put structures in place to boost trade between Nigeria and other member states of the Economic Community of West Africa (ECOWAS). Minister of Trade and Investment, Mr. Olusegun Aganga, said this during the opening ceremony of the 3rd Nigerian Non-Oil Export Conference Exhibition and Awards, in Abuja. Read: http://economicconfidential.net/new/news/national-news/1155-fg-to-boost-non-oil-export-trade-with-ecowas-countries-
Again, Ineptitude Kills 9 Miners in Zamfara
At least nine miners were confirmed dead when a mining pit collapsed on them at Dogon Daji village of Maru Local Government Area, Zamfara State, Nigeria. Unfortunately, the dead are among the hordes who take advantage of the chaotic mining sector in the country to engage in illegal mining activities. Read: http://economicconfidential.net/new/news/state-news/1163-again-ineptitude-kills-9-miners-in-zamfara
Ajimobi promises discount on lands to UK investors
Governor Abiola Ajimobi of Oyo State has promised at least 80 per cent discount on lands for investors in the agriculture sector, as an incentive to bringing them to the state. Read: http://economicconfidential.net/new/news/state-news/1161-ajimobi-promises-discount-on-lands-to-uk-investors-
Kwara to create 16 more parastatals
As part of efforts to energise the workings of the government with a view to meeting the ever increasing demands of the people, the Kwara State Government is poised to create 16 more boards of parastatals in the state. The state Governor, Dr. Abdulfatah Ahmed, disclosed this while receiving the Chairmen of Boards of Parastatals and Agencies of the state who paid him a visit at the Government House, Ilorin, the state capital. Read: http://economicconfidential.net/new/news/state-news/1158-kwara-to-create-16-more-parastatals-
Anambra to Revive Onitsha Mineral Water Industries
Anambra State Government has initiated measures to resuscitate the collapsed Nigeria Mineral Water Industries, Onitsha. The state Governor, Mr. Peter Obi disclosed this intention during an inspection tour of the facility in company of some top government officials and a team of foreign investors from South Africa. Read: http://economicconfidential.net/new/news/state-news/1159-anambra-to-revive-onitsha-mineral-water-industries-
FCT Area Councils Share N1.89bn
The Federal Capital Territory Area Councils Joint Account Allocation Committee (JAAC) has distributed a total sum of N1,894,400,916.45 among the six area councils being revenue and Subsidy Reinvestment and Empowerment Programme (SURE-P) allocations for the month of September. Read: http://economicconfidential.net/new/news/state-news/1160-fct-area-councils-share-n189bn-
To be black, to be African
Many Africans – especially Nigerians – who came to the US as toddlers or as teenagers, also tend to deny their African heritage. Many have gone on to anglicise their African names. It is also not uncommon to find those, whose parents and grandparents are Nigerians, say "my parents are Nigerians, but I am an American." It is as if to be a Nigerian is a sin. Read: http://economicconfidential.net/new/features/1144-to-be-black-to-be-african
Oil economy: Between Nigeria and Ghana
Much has been written in recent times on how Ghana has been getting it right on many fronts, notably politics and economy. The decision of the United States President Barack Obama to choose Ghana as one of the very few African countries he visited in 2009 was another strong statement on the place of Ghana in this region. Read: http://economicconfidential.net/new/features/1147-oil-economy-between-nigeria-and-ghana
Rising Anarchism And Its Socio-Economic Implications
The ongoing accelerating cases of deadly attacks involving kidnapping, rape, and bombing across the land have posed series of unbearable challenges to governments, individuals, security personnel, and other stakeholders as they are backpedalling political and socio-economic efforts toward the achievement of the Vision 20:20:20. Read: http://economicconfidential.net/new/features/1143-rising-anarchism-and-its-socio-economic-implications
Does Nigeria Need a Revenue Crisis?
I am thinking about a situation when crude oil prices do not exceed 40 US dollars a barrel and the demand for Nigeria's oil drops, partly because the US (a country that imports about 40 percent of Nigeria's crude oil) cuts down significantly on imports of the product from Nigeria as from other exporters of crude oil to that country. Read: http://economicconfidential.net/new/features/1141-does-nigeria-need-a-revenue-crisis
For more, please visit our websites for more:
Economic Confidential
Factual, Authoritative and Accessible
Nigeria's Economic Magazine
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