Wednesday, March 19, 2014

[News Update] Bankers Stole N3.8bn Customers' Money in 6 Months as Ulama to Declare Fatwa on Boko Haram

 

Latest from your Economic Confidential

Bankers stole N3.8 billion Customers' Money between January and June 2013
The wave of corruption and stealing in the public service appears to be also gaining fast momentum in the banking industry as bankers stole N3.8 billion from their customers and their banks in the first half of 2013. Read: http://economicconfidential.com/2014/03/bankers-stole-n3-8-billion-customers-money-between-january-and-june-2013/
 
Ulama to Declare Fatwa on Boko Haram Insurgents, 40 Convicted So far
After successful military campaigns where over 700 armed Boko Haram kingpins' and hardened members were killed during recent confrontations, the National Security Adviser (NSA), retired Colonel Sambo Dasuki has rolled out the soft approach to countering terrorism in Nigeria. Read: http://economicconfidential.com/2014/03/ulama-to-declare-fatwa-on-boko-haram-insurgents-40-convicted-so-far/
 
Full Text of Sanusi's Response over Suspension from CBN as Governor
I am compelled to make this public statement to address the various allegations levied against the Central Bank of Nigeria (CBN) and cited as the reasons for my suspension from office as the Governor of the CBN on the 19th of February 2014. Read: http://economicconfidential.com/2014/03/full-text-of-sanusis-response-over-suspension-from-cbn-as-governor/
 
Nigeria's Turnover on Investment High and Attractive- Trade Minister
It has been disclosed that turnover on investment in Nigeria is high and very attractive to investors all over the world. Read: http://economicconfidential.com/2014/03/nigerias-turnover-on-investment-high-and-attractive-trade-minister/
 
NESG to Review 45yrs Old Nigeria Education Policy Foundation
The Federal Government has challenged the National Economic Summit Group (NESG), to review the policy foundation of Nigeria's education sector developed in 1969 to meet current realities. Read: http://economicconfidential.com/2014/03/nesg-to-review-45yrs-old-nigeria-education-policy-foundation/
 
Nigeria's debt: The House vs Okonjo-Iweala - Les Leba
In a recent online interactive programme with Nigerian youths, the Finance Minister and the Coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala, gave the assurance that Nigeria does not have a debt problem, as the ratio between our debt and our nation's total output (GDP) is a mere 21 per cent. Read: http://economicconfidential.com/2014/03/nigerias-debt-the-house-vs-okonjo-iweala-les-leba/
 
Nigeria's current image is well deserved- Sabella Abidde
In early March 2014, domestic media houses reported that the Jonathan administration had earmarked N300 million to combat damaging publicity by foreign news outlets. The amount would be spent on "external publicity/media insertions in foreign media. Read: http://economicconfidential.com/2014/03/nigerias-current-image-is-well-deserved-sabella-abidde/
 

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posted by Economic Confidential at 4:35 AM 0 comments

Tuesday, March 11, 2014

[News Update] Super-Minister in N3bn Private Jet Scandal as Commuters to Pay for 2nd Niger Bridge

 

Latest from factual, authoritative and accessible economic magazine, the Economic Confidential.

Super-Minister in N3.1 bn Private Jet Scandal
In what is seen as a reprisal attack, fresh allegations are flying over mounting profligacy by another female minister in the cabinet of President Goodluck Jonathan. One of the remaining two super-female ministers is being alleged to be wasting billions from public purse to maintain a private aircraft. Read: http://economicconfidential.com/2014/03/super-minister-in-n3-1-bn-private-jet-scandal/
 
Commuters To Pay for 2nd Niger Bridge, Lagos-Ibadan Expressway
The euphoria accompanying the flag-off of the construction of the much anticipated Second Niger Bridge in Onitsha, Anambra State will certainly be moderated when it is completed and commuters are required to pay commercial rates as toll fares for its use. Read: http://economicconfidential.com/2014/03/commuters-to-pay-for-2nd-niger-bridge-lagos-ibadan-expressway/
 
2014 Budget: FG to Spend N268bn on SURE-P
As other ministries, departments and agencies (MDAs) groan under inadequate funding in the 2014 budget, the federal government has disclosed that it will spend not less than N268 billion on the Subsidy Reinvestment and Empowerment Programme (SURE-P). Read: http://economicconfidential.com/2014/03/2014-budget-fg-to-spend-n268bn-on-sure-p/
 
Senator Suleiman Ajadi: Political Bridge Builder
Senator Suleiman Makanjuola Ajadi as Special Adviser on National Assembly Matters did not come as a surprise to those who are conversant with the dynamics of Nigerian and especially Kwara State politics. A former commissioner of Finance, has a lot on his sleeve: Read: http://economicconfidential.com/2014/03/senator-suleiman-ajadi-political-bridge-builder/

Sambo Dasuki on Security Media Relations
Dasuki is polished and eloquent as he talks passionately about the Office of the President which he believes "deserves the respect of every Nigerian as the symbol of our nation and integrity." He holds the view that there is nothing wrong with opposition politics if it is geared towards the sustenance of democracy and devoid of destructive antics that may create confusion and security breaches in the land. Read: http://economicconfidential.com/2014/03/sambo-dasuki-on-security-media-relations/

Ibrahim Dahiru Waziri: Chairman Transmission Company of Nigeria
Mr. Ibrahim Waziri  who replaces Engr. Hamman Tukur as Chairman, Transmission Company of Nigeria (TCN) holds a Bachelor of Science degree in Accounting from ABU and MBA from UNILAG/ Mashood Abiola University. Read: http://economicconfidential.com/2014/02/ibrahim-dahiru-waziri-chairman-transmission-company-of-nigeria/



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posted by Economic Confidential at 12:20 AM 0 comments

Sunday, March 02, 2014

[News Update] How International Rivalry Fuels Boko Haram as FG Stops Foreign Training for Civil Servants

 

Latest from factual, authoritative and accessible economic magazine, the Economic Confidential.
 
CBN Governor: The Rise and Fall of Sanusi Lamido
Devoid of politics, there have been serious allegations of financial irregularities against Mallam Sanusi Lamido Sanusi as Governor of the Central Bank of Nigeria (CBN) but the timing of his removal by President Goodluck Jonathan sent wrong signals across the world. The real political intracies since 2013 till the suspension is unveiled by the Economic Confidential. Read: www.economicconfidential.com/2014/03/cbn-governor-the-rise-and-fall-of-sanusi-lamido/
 
Exposed: How International Rivalry Fuels Boko Haram Insurgency
Intelligence reports have continued to indict a neighbouring country and another foreign government of conspiracy in the continued harassment of Nigerian towns and villages in the north eastern parts of the country by Islamists Boko Haram terrorists. Read: www.economicconfidential.com/2014/03/how-international-rivalry-fuels-boko-haram-insurgency/
 
Cash Strapped FG Stops Foreign Training for Civil Servants
Concerned about dwindling revenue and corrupt practices, the Federal Government has finally stopped further overseas training for its officers at least for the foreseeable future. Read: www.economicconfidential.com/2014/03/cash-strapped-fg-stops-foreign-training-for-civil-servants/

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posted by Economic Confidential at 11:32 PM 0 comments