| Editor's Suite Much ado about banks' common year end Incidentally, the Nigerian Stock Exchange and some other interest groups have kept up opposition to the move. It wants the CBN to review the decision, urging it to instead adopt a double year-end for the banks. At present the financial year-end of most banks range from February to December, which often creates confusion and makes it difficult to compare results across the sector.... Read Exclusive Interview The Chairman of Federal Inland Revenue Service, Mrs Ifueko Omoigu-Okauru, who holds a First Class degree in Accounting from the University of Ibadan and Masters of Science Degree in Management Science from the Imperial College, University of London granted the Economic Confidential an exclusive interview. A Fellow of the Institute of Chartered Accountants of Nigeria and a chartered tax practitioner told the Economic Confidential the challenges and achievement of FIRS in tax administration in Nigeria and how the agency has collected over N800bn within six months in 2009. Excerpts.... Facts and Figures How FG, States and LGs Share Another N313bn in July 2009 The Federation Account Allocation Committee at its meeting in July 2009 disburses N313bn to the tiers of government. For the fourth time this year, the Economic Confidential reveals that Akwa Ibom is still the highest recipient from the Federation Account Allocation receiving a total sum of N10.80bn, followed by Rivers State which received N10.34bn, Delta N9bn, Lagos N9.118bn and Kano N6.2bn. The former oil-producing Cross River state is amongst the lowest recipient-states with N2.8bn followed by Gombe N2.8bn, Ekiti N2.8bn, Nasarawa N2.7bn and Ebonyi N2.7bn… See the Table Major Changes in NNPC Top Management The President of the Federal Republic of Nigeria has approved major changes in the Management of the Nigerian National Petroleum Corporation (NNPC)... See the list v Saraki: The Father, the Son and 'Only' Daughter?- By Yushau A. Shuaib v I Am Militant too, Mr. President -By Victor Segun Olomola v Dealing With Corrupt Governments -By Akintokunbo A Adejumo v University Workers' Strikes and the Government -By kola Ibrahim v Ignorance Is A Disease - By Chinedu Vincent Akuta v Dividends of N440bn Security Vote for Niger Delta -By Les Leba v Nigeria's Economic Odyssey to 2020 – By Salihu Muhammed v Volunteerism in Emergency Management -By Segun Imohiosen v When African Ministers meet on economic Recovery- By Prince Okeokwu v A Race Towards Industrial Development – By Bolaji Kazeem v Vision 2020 and Challenges of Globalisation -By Hadi Y. Al-Hassan And more in:
Economic Confidential Factual, Authoritative and Accesible Nigeria's Economic Magazine For Print edition call Marley 08053650824 | 
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