Tuesday, October 06, 2009

[News Update] N286bn Federal Allocation: Lagos, Kano Top...Bayelsa Loses in Sept09

 

Latest from the Economic Confidential www.economicconfidential.com

 

Facts and Figures

FAAC Allocations of N286bn in Sept - Lagos, Kano top … Bayelsa loses

As part of the two allocations in September 2009, the Economic Confidential magazine provides here the distribution of a total sum of N286 billion being the statutory and VAT allocations shared to all tiers of government at the monthly meeting of the Federation Account Allocation Committee (FAAC). Other allocations are in Fact and Figures pages. From the total disbursement of nets after deductions, the highest recipients are Lagos receiving N8.1bn, Akwa Ibom N7.6bn, Rivers N7.4bn, Delta N6.8bn, Kano N5.6bn, Katsina NN4.1bn and surprisingly Bayelsa and Edo that are oil producing states received N3.1bn and N2.9bn respectively... Read

 

Profile

Ahmed Gobir: A Managerial Fellow and Legal Administrator

When the Nigerian Institute of Management (NIM) hosted its Annual National Management Conference and conferred awards of Fellow to imminent personalities, one of the young beneficiaries who drew applauses from the audience is the current General Manager/CEO – Crittall-Hope Kaduna Ltd and Group Company Secretary in Nigeria – Crittall-Hope Nigeria Limited, Lagos, Mallam Ahmed Ladan Gobir....Read

 

EXCLUSIVE INTERVIEW

Why FMBN Requires Over N150bn for Recapitalization- DG FMBN

Before the recent release of names of Bad Mortgage debtors by Federal Mortgage Bank of Nigeria, the Managing Director of the Bank, Mr. Ahmed Abdulsalam granted an audience to the Economic Confidential on his visions and missions at the apex mortgage institution in Nigeria...Read

We can End Nigeria's Reliance on Foreign Goods –DG of NASENI

 

FOCUS

NEMA@10: The Story So Far

The National Emergency Management Agency (NEMA) was established via Act 12 as amended by Act 50 of 1999, to manage disasters in Nigeria. The establishment of NEMA about ten years ago usher in a new dawn in disaster management from the hitherto narrow practice of relief distribution... read

 

Questions and Answers on the Examinations of the 14 Banks by CBN

If the bulk of the problem had been dealt with in the first examination of 10 banks, why bother to extend it to the other 14 banks?What are the key actions taken by the CBN on the recent findings?.. Read

 

FEATURES: The Following features can be accessed from the Homepage www.economicconfidential.com

  • Golden Casket: Between Gani Fawehinmi and Wacko Jacko
  • Re:Golden Casket: Between Gani & Jackson By Ugwuoha C.
  • Bank Executives And Bad Leadership By Salisu Ahmed Koki
  • The Putrid Mess Also in CBN! By Les Leba
  • NIGERIA@49: Tracing Economic Interventions By Abu Jimoh
  • NASENI: Striving to end reliance on foreign goods U. Kari
  • Macroeconomy for Economic Recovery Salim Ahmed
  • Sony Undermines Campaigns of Akunyili and Aoandoka
  • Archetypal Resurgence: The Lamido Sanusi Revolution
  • Banks and Money Laundering- By Les Leba
  • Oronsaye's Civil Service reform- By Hussaini Sani Kagara
  • New Policy in Service: Hypocrisy? By Tope Ajakaiye

 

MEDIA NEWS UPDATES: The Following Updates from other Sources can be accessed from the Homepage: www.economicconfidential.com

  • Governance Index- Nigeria Improves Rank
  • Senate moves to avert Kerosene crisis
  • 2010 budget pegged at $50
  • Tompolo to guard oil pipelines
  • Asari-Dokubo's groups allege plan to kill their members
  • FG, states close to pact on funds deductions
  • FG stops importation of bagged cement
  • Boost- Kano irrigates 20,000 hectares
  • FG seeks investors for 8 troubled banks
  • Deregulation- Fuel may go for N103 per litre
  • Fraudsters ad- Sony apologizes to Nigeria
  • CBN to submit 14 banks audit  in two weeks
  • Oil firms may sack workers over bill

    All from:
Economic Confidential
Factual, Authoritative and Accesible
Nigeria's Economic Magazine

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Sharing factual, timely and authoritative economic news, analyses and data, especially on Nigeria's economy from reliable sources.
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