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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 

 

 

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Economic Confidential, September, 2009

NATIONAL

 

Flood Renders 150,000 Nigerians Homeless - NEMA

… Intensifies Distribution of Relief Materials

 

The National Emergency Management Agency (NEMA) has disclosed that more Nigerians are continued to be displaced by floods due to torrential rainfalls and blockages of waterways in various communities at rural and urban areas of the country.

 

The flooding this year from reports so far received from the six zonal coordinators spread in each geopolitical zone have affected at least 150,000 people who were either displaced or have their mean of livelihood destroyed like farms products. Some villages have been submerged while corpses were exhumed from graves.

 

Recently the Director General of NEMA directed all the zonal officers and their staffs to move to affected areas to provide necessary relief materials to the victims. Most of the relief materials are in trucks of food items, building materials, clothing and medications.

 

The Director General said since July, the agency has continued to alert states and relevant agencies on impending flood for adequate preparedness to tackle its effect on the peole. He said the increase in the amount of rainfall was not peculiar to any particular part of the country due to variations in the weather pattern of the country caused by climate change.

 

According to a report received from NEMA Zonal Coordinator North-West, more victims are registered at camps established for victims in Tureta, Kebbe and Tambuwal communities in Sokoto State. The Zonal Coordinator, Mr. Mustafha Sulaiman said that the agency is collaborating with government of Sokoto and Kaduna in establishment of camps for displaced people. He said the flood is also wrecking havoc in Zamfara and Kebbi States. He said so far the agency in the zone had almost exhausted all its relief materials in its warehouses since it started distributing them to victims. He said there is a joint cooperation of Police, Civil defence, Red Cross and Volunteers in assisting victims at the camps and the areas where the flood was devastating.

 

In the South-East, the Zonal Cordinator of NEMA in Enugu, Dr. Onimode Bandele disclosed that flood disaster had been recorded in Ivo Local Government Area of Ebonyi State. The zone has moved into the state to distribute relief materials to the victims.

 

The North-East Coordinator, Mr. Aliyu Sambo confirmed that NEMA has taken relief material to flood victims in some parts of Taraba and Adamawa States. He said the major concern of the agency presently is to control the spread of cholera disease that has so far claimed the lives of 70 people in Adamawa State as at the weekend.

 

The Zonal Cordinator of NEMA in the South-South, Mr Umesi Emenike disclosed that assessment are going on to determine the level of devastation as result of flood in Akwa-Ibom and Rivers State and once that are completed relief material would be provided to the victims.

 

The Zonal Cordinator in the South-West, Mr. Akande Iyiola said the agency is organising sensitization campaigns in Lagos on the flood while some neighbouring states where it has completed assessment surveys would receive relief material this week. The states included Oyo and Ogun States

 

The North-Central geopolitical where River Niger and River Benue flow, the Zonal coordinator Mr. Alhassan Danjuma Aliyu confirmed that all the states in the region are affected by flooding. He mentioned worst affected areas as Wase in Plateau State, Doma in Nasarawa State and various communities in Niger, Benue  and Kwara States. He said trucks from NEMA warehouse in Jos would be moving relief materials to the most worst affected communities.

   

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