[News Update] Ex-Governors for Retrial at Tribunal as FG, States Shared N691bn in September 2012
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Ex-Governors may face re-trial as Code Tribunal
…Assumes jurisdiction to try LG Chair for cultism
Indications have emerged that former state governors who were let off the hook on account of jurisdiction and Section 3 of the Conduct Bureau (CCT)/Code of Conduct Tribunal (CCB) Act 1989 may be re-tried as the Code of Conduct Tribunal declared the section as being in contravention of the 1999 Constitution.Read... http://economicconfidential.net/new/news/national-news/1139-ex-governors-may-face-re-trial-as-code-tribunal-knocks-off-section-3-of-ccbcct-act
Federation Account: How They Share N691bn in September 2012
Before the recent October meeting of the Federation Account Allocation Committee, the Economic Confidential had obtained the detailed breakdown of how Federal Government, States and Local government Councils shared a total of N691bn at a previous meeting in September 2012. The tables of the distributions include N632bn for the statutory allocation, N35bn from the Excess Oil Revenue Account, N26bn from the Domestic Excess Crude Account and N7.6bn from NNPC Refund... For all the tables click: http://economicconfidential.net/new/financial/facts-a-figures
The Incorruptible Civil Servant and National Honours
In a country where everybody is perceived as corrupt, especially in the public service, Mr. Muhammad TahirZakari has distinguished himself as an incorruptible civil servant. He was among the 148 individuals who were conferred with Nigeria's National Honours Awards by President Goodluck Jonathan on September 17, 2012. Read.. http://economicconfidential.net/new/component/content/article/1105-the-incorruptible-civil-servant-and-national-honours
Before Sanusi, CBN governor becomes the Emir
A few months after he became Governor of the Central Bank of Nigeria, he was asked to comment on conversations in cyberspace linking him with presidential ambition, MallamLamidoSanusiLamido said it was not true. "Do you have any presidential ambitions?" "No, I don't. I have ambitions to be the emir of Kano", he quipped.Read: http://economicconfidential.net/new/financial/monetary/1104-before-sanusi-cbn-governor-becomes-the-emir
Still on Controversial N5000 Note
In defence of this obnoxious monetary policy as seen by the majority of Nigerians, many of whom are seasoned economists and financial gurus, not in exclusion of some ex-Heads of the Nigerian State and Government, the leadership of the apex Band is still recalcitrant and neck deep to go ahead and introduce same in spite all oppositions. Read: http://economicconfidential.net/new/features/1110-still-on-controversial-n5000-note
Sustainable development diplomacy: The way forward for PDP
Recently I was in Driebergen, Netherlands as a Nigerian participant at the 19th International Programme on Managing Sustainability (IPMS 2012) where participants from different countries had the opportunity of sitting together to cross-fertilise ideas, improve and build capacity on managing sustainability. Read... http://economicconfidential.net/new/features/1111-sustainable-development-diplomacy-the-way-forward-for-pdp
Between Nigerians and Inclement Weather
The year 2012 has brought with it the worst weather calender in the history of Nigeria's existence as a geographical and/or geopolitical territory since the amalgation of the Southern and Northern Protectorates by the then British colonial masters in 1914 led by the late Lord Lugard. Read... http://economicconfidential.net/new/features/1109-between-nigerians-and-inclement-weather
The United States and the Cost of Blasphemy
Admittedly, in the US anything goes and everyone has their fair share to express his view, but that freedom of expression is of course not limitless. Thus, it is something to be restricted within the bound of reason and mutual respect. There is no gain saying the fact that Islam as a religion, profoundly teaches, promotes and enjoins tolerance. Read... http://economicconfidential.net/new/features/1107-the-united-states-and-the-cost-of-blasphemy
Why the North must devise a survival strategy
Except for the North, nearly everyone is either clamouring for secession or regional autonomy. And because the North appears reluctant on this matter it has been repeatedly dubbed a parasite and drawback on the entire nation. But the North cannot afford to continue to be silent and take in every insult. It must take a stand; one that would determine its own survival. Read... http://economicconfidential.net/new/features/1108-why-the-north-must-devise-a-survival-strategy
Sani-Sidi and Volunteerism in Disaster Management
In the last two years, many stakeholders both within and outside Nigeria would have noticed the miraculous changes in the sphere of disaster management in the country which could be attributed to the tireless and dedicated efforts of the Director General National Emergency Management Agency (NEMA), Alhaji Muhammad SaniSidi who was appointed in September 2010. Read... http://economicconfidential.net/new/features/1106-sani-sidi-and-volunteerism-in-disaster-management
VTNetwork Receives License to Rollout Vcash Mobile Payment in Nigerians
The Central Bank of Nigeria (CBN) has provided its final regulatory approval to VTNETWORK Limited (VTNETWORK) to rollout mobile payment services across Nigeria. Holding CBN's final approval letter in his hand, Peter Ojo, VTNETWORK CEO announced, "it has been a very long journey, not just for us, but for our agents, super agents and subscribers. We can take the reins off our VCASH service; it is fully live." Read... http://economicconfidential.net/new/financial/monetary/1115-vtnetwork-receives-license-to-rollout-vcash-mobile-payment-in-nigerians
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