[News Update] How GEJ, NASS Killed Yar'Adua's 2009 Salary Review Efforts as States N418bn June 2015
Latest from the Factual Authoritative and Accessible Economic Confidential
Exclusive: How Jonathan, NASS Killed Yar'Adua's 2009 Salary Review Efforts
17,474 Political Officers Earn N1.1 trillion annually
In an exlusive report, the Economic Confidential gathered that a report was submitted to President Yar'Adua for the review of salary and allowances of public officers, which he promptly forwarded to the National Assembly in form of bills for legislation. Unfortunately, the legislators were never debated upon until the death of President Yar'Adua. Read: http://economicconfidential.com/exclusive-how-jonathan-nass-killed-yaraduas-2009-salary-review-efforts/
Federal Allocation For The Month Of May 2015 Is N418.452billion.
The Federal Government, State governments and Local government Councils have shared a total of N418.452billion as Federal allocation in June 2015. A communique issued by the Federation Accounts Allocation Committee (FAAC) indicated that the Gross Revenue received for the month of May,2015 was N324.061billion. Read: http://economicconfidential.com/federal-allocation-for-the-month-of-may-2015-is-n418-452billion/
FG Insists On Recovering Stolen Funds From Past Officials
President Muhammadu Buhari on told past officials of government who looted the treasury but felt that they have been forgiven their sins to perish such thoughts. President Buhari vowed that funds stolen by government officials who abused their offices in the recent past will be recovered and systemic leakages stopped: Read: http://economicconfidential.com/fg-insists-on-recovering-stolen-funds-from-past-officials/
Succour As NLNG Pays $1.6 Bn Tax To FG
A major financial succour came the way of newly inaugurated administration of General Muhammadu Buhari from the Nigerian Liquefied Natural Gas (NLNG) in the form of $1.6 billion tax paid to the Federal Inland Revenue Service (FIRS). http://economicconfidential.com/succour-as-nlng-pays-1-6-bn-tax-to-fg/
Nigeria Produced 1.91m Barrels Of Crude/Day In April
Nigeria's crude oil production, including condensates and natural gas liquids averaged 1.91 million barrels per day (mbpd) or 57.30 million barrels in April 2015, figures from the Central Bank of Nigeria (CBN) indicate. The figure represented an increase of five per cent above the level of 1.82 mbd or 56.42mbpd recorded in the preceding month. Read: http://economicconfidential.com/nigeria-produced-1-91m-barrels-of-crudeday-in-april/
NDIC Gives Clean Health Bill To Nigerian Banks
The Nigeria Deposit Insurance Corporation (NDIC) says Nigerian banks are in good financial position to carry on banking activities.Read: http://economicconfidential.com/ndic-gives-clean-health-bill-to-nigerian-banks/
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Posted by: Economic Confidential <economicconfidential@yahoo.com>
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posted by Economic Confidential at 3:43 AM
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