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Nigeria Economic Regulators:

Federal Ministry of Finance (FMF)

Central Bank of Nigeria (CBN)

Federal Inland revenue Service (FIRS)

Debt Management Office (DMO)

National pencom Commission (PENCON)

Nigeria Deposit Insurance Corporation (NDIC)

Nigeria National petroleum Corporation(NNPC)

Securities and Exchange Commission(SEC)

Bureau of Public Enterprise (BPE)

Nigeria Extractive Industries Transparency Initiative (NEITI)

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*Home

 

*Mission

 

Editorial Suite

Odds against downstream deregulation - By Chijama Ogbu

 

Profile

Bar. Bello Mahmud: The New Registrar General for CAC

 

Cover

No 2nd Term for YarÁdua – Billionaire Debtors Vow

 

Facts and figures

Federation Account: How They Share N332bn in October

 

The Sharing of N27.8bn on Exchange Rate difference in October 2009

 

List of Federal Perm. Secs and their States - Non from Bayelsa

 

List of Major Debtors in Nigeria

 

Exclusive Interview

No more Needless Borrowing in Public Offices - Aliyu Yelwa, Boss of Fiscal  Commission

 

Monetary

CBN Supports Deregulation, Allows ETB to Rectify Lapses

 

Communiqué No. 66 of the Monetary Policy Committee Meeting

 

List of Major Debtors in Nigeria

 

National News

SMEDAN Advises Small Businesses on Good Idea

 

Odey Inaugurates Panel on IWMF in Niger Delta

 

Finally FG, States Share $2bn from Excess Crude Account

Honours for EFCC Boss in USA

 

State News

Kano Spends N1bn on Sports Development as Governor bagged ‘Sardauna’

 

IDB advances N3.15bn loan to KDSG as Governor Approves N18mn for Training 

 

 

ARCHIVES

Personalities/Interviews

Editorial Suite/Cover

Facts and Figures

National& States News

Mult/Business & Monetary

Features/Essays

Special Focus

January 2009 Edition

February 2009 Edition

March 2009 Edition

April 2009 Edition

May 2009 Edition

June 2009 Edition

July 2009 Edition

August 2009 Edition

September 2009 Edition

October 2009 Edition

November 2009 Edition

 

More in Archive

 
 

Economic Confidential, February, 2009

FEBRUARY 2009 CONTENTS

 

EDITORIAL

A Nation's Free-fall to Perfidy

 

PROFILE

Sanusi Barkindo: The New Helmsman Man At NNPC

 

INTERVIEW 

We Are Revolutionizing the Agricultural Sector through Cooperatives

-          Dr Abba Sayyadi Ruma, Minister of agriculture

 

FACTS AND FIGURES

How They Shared N487bn in January 2009

Statutory and VAT 396bn….Excess Crude Proceeds N91bn

 

Federation Account: FG, States, LGs Shared N5.4tr In 2008

 

Nigerian Banks' Performance 2008 and First Week of January 2009

 

MONETARY

E-Payment: FG Stops All Cash, Cheque payments

 

NATIONAL

Excess Crude Account Not for Sharing – Finance Minister of State

Infrastructure Concession will be transparent - Shonekan

Ministry of Science to Stem Natural Disaster

NEMA Mobilises Against Outbreak of Cholera and Meningitis

Nigeria's Economy Stable - Senator Maitama, Former Minister

 

STATES

Federation Account: 22 Governors May Join Suit Against FG

Illegal Deductions: Apex Court Orders FG, States to Settle Out of Court

States Insist Excess Crude Funds Should be Put in Escrow Account

….Lagos State joins the Suit on illegal Deductions at the Apex Court

…. Demands for Refunds now N1.4 trillion from N1.1trillion.

LG's Funds: Boss Places Advert on Wedding of Yar’Adua’s Daughter

 

TAX MATTERS

FIRS’ Boss dedicates award to taxpayers as it nets N2.972trillion

Fiscal Implications of the 2009 Budget by Ifueko Omoigui Okauru, MFR

New policy vests tax variation powers in N’ Assembly

 

NATIONAL

Final Legal Battle at Apex Court:

States Demands N1.1 trillion from the Federation Account

VP Inaugurates NEMA Governing Council

 

FOCUS

Nigeria Extractive Industries Transparency Initiative (NEITI)

Reviewing the Impact of FAAC in 2008

By Remi Babalola

 

FEATURES

*Increasing National Debt: NASS Beware! - Les Leba

*The Battle over Excess Crude Accounts- Yushau A. Shuaib

*NITDA Initiatives and the Seven Point Agenda- Segun Imohiosen

*Economic Impacts of Disasters - By Manzo Ezekial ans Saa Ovosi

*Nigeria ’s Relationship with Other Africans- By Akin A. Adejumo

*Naira’s Strategic Crash! -By Les Leba

*Excessive Population- a Bane of our Economy- By Ola Kassim

*Exams' Scratch Cards: Whose benefit? By Kabir Danladi

   

SPECIAL FOCUS

List of Major Debtors in Nigeria

 

List of Bad Debtors in Federal Mortgage Bank of Nigeria (FMBN)

 

NEMA@10: The Story So Far

 

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

 

FEATURES

Africa's Foreign Reserves: In Reserve For Who?By Chika Ezeanya

 

Churches and Mosques Should Pay taxes - Mcdonald Koiki

 

Deregulating Robbery in Nigeria By Kola Ibrahim

 

Understanding Monetary Policy By Abubakar Jimoh

 

The Making of Ideal Economic Policies By: Salim Salihu Muhammed

 

The Putrid Mess Also in CBN By Les Leba

 

Still on Early Warning Alert System in Nigeria By Yushau A. Shuaib

 

District 9 and the Can of Wild Paradox by Segun Imohiosen

 

Nigeria: Time to Check to the Drift By Dansulieman Mohammed

 

Golden Casket: Between Gani Fawehinmi and Wacko Jacko- By Yushau A. Shuaib

 

NIGERIA@49: Tracing the Economic Intervention- By Abubakar Jimoh

 

NASENI: Striving to end Nigeria’s reliance on foreign good – By Umar Kari

 

Macroeconomic Framework for an Independent Economic Recovery- Salihu Muhammad

 

When Sony Undermines Campaigns of Akunyili and Aoandoka- By McDonald koiki

 

Archetypal Resurgence: The Lamido Sanusi Revolution- By Segun Imohiose

 

Banks and Money Laundering- By Les Leba

 

Oronsaye’s Civil Service reform- By hussaini Sani kagara

 

New Policy in the Civil Service: Hypocrisy at Work? –By Tope Ajakaiye

More Features

 

TAX MATTERS

* Church and Mosque Not Exempted from Tax - FIRS

… Use of Consultants for Tax Collection is an Aberration

*Finance Minister Advocates Partnership on Tax Issues

*FIRS Reopens PAN, Vows to Prosecute Defaulters

*How We Generate N808bn in Tax Revenue Within Six Months- FIRS Boss

*FIRS Generates Taxpayers Numbers for Bank Customers

*Historical Milestone as Online Tax Payment Begins

*FIRS Seals Two Oil Companies Over $610m Tax Arrears

*Firms Owed Govt N260b in Taxes

*Tax Identification Number to Reduce Tax Evasion- FIRS Boss

*Revenue Agencies to Make Full Disclosure- Finance Minister

*FIRS Delists 2 Banks over Non-Remittance of Tax