Yushau A. Shuaib: [News Update] Federation Account: How They Share N495bn in Dec. 2008 & This New Finance Minister

Latest from the Economic Confidential www.economicconfidential.com:

FEDERATION ACCOUNT: A Detail Allocation of N495bn in December 2008

- Statutory N389bn, Excess Crude N106bn

From documents obtained by Nigeria's economic journal, the Economic Confidential, the highest recipients are mostly oil producing states of Rivers which receives N15.5bn, Akwa Ibom N11.2bn, Delta N8.2bn, Bayelsa N7bn and Ondo N5bn. The lowest recipients with less thanN3bn in the table are Ekiti N1.3bn, Nasarawa N2.5bn, Gombe N2.5bn and Ebonyi N2.9bn… Read

Dr. Mansur Muhtar: Another First Class Finance Minister

The new Minister of Finance, Dr. Mansur Muhtar was in the team of technocrats who negotiated the exit of Nigeria from emasculated foreign debts from multilateral institutions… He obtained First Class in B.Sc. Economics from Ahmadu Bello University, Zaria and passed with Distinction in postgraduate programme (M.Phil), Economics and Politics of Development from University of Cambridge United Kingdom. He also holds Ph.d. in Economic from University of Sussex…. Read

Information Management: Between Odey and Akunyili

Other sensitive ministries like that of justice, health, finance, science and technology have always had relevant professionals with requisite qualification as ministers. Since the reemergence of democratic dispensation in 1999 some of the past ministers of Federal Ministry of Information were Emeka Chikelu, a lawyer; Frank Nweke Jnr., a zoologist and John Odey a banker by qualifications… Read

Bush: Farewell to legacy of 'sorrow, tears and blood'

Today, few days to inaugurating the new President elect Barrack Obama the world is far from being a better place. As I am talking to you, an all out war is going on in Palestine where we are witnessing the 20th century Holocaust – a victim turned oppressor. Even Iraq, where we are told the country is free from the clutches of a despot, the country was better of during Saddam than during the time of American imposed government of Nouri Elmaliky… Read

Editor's Suite

As the Economic Confidential celebrates its second anniversary in January 2009, we have commenced the circulation of its print edition to all the 774 local government councils in Nigeria to make it truly accessible. We have been encouraged by the supports and encouragement of our patrons, advertisers, subscribers and readers to embark on this new frontier… Read

Also in Media News Updates from

the Home Page www.economicconfidential.com:

*Govt to power Abuja with generators

*Nigeria's oil wells may dry up in 30 years

*Naira's value drops, now 140 to one dollar

*FG Considers Fuel Tax

*No new oil discovery in Nigeria since 2005

*Ministry asks for N4.1b to furnish offices

*Telcoms, Differ With Akunyili On Tariff

*FCT to spend N16b on rail project

*Shekarau jinx breaker... Won at Appeal

*ICPC Probes Gov. over N65b on wives, etc