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Kidnappers free Journalists, Demand Amnesty like that of Niger Delta Print
By Economic Confidential   
July 2010

The Abia Kidnappers in South-East Nigeria have voluntarily released the four abducted journalists and their driver after a week in captivity and demanded for Special Amnesty similar to the amnesty granted to Niger Delta Militants of South-South of the country to dissuade them from further criminal activities in the region.Read more... Comments (11)

 
Nigerian Workers to Enjoy New Realistic Salaries - Minister of Labour Print
By Economic Confidential   
July 2010

The Minister of Labour and Productivity,Chief Emeka Wogu, who is a lawyer granted the Economic Confidential magazine an Interview on various issues including unemployment in Nigeria, negotiations with labour unions, new salaries for civil servants and maltreatment of Nigerian workers by expatriates ...

 
Those Who Fail to Plan on FIFA and Others Print
By Chijama Ogbu   
July 2010

No one expected that Nigeria will lift the World Cup. Not many either expected such a gross non-performance. Perceptible football followers knew that the Nigeria’s participation in South Africa 2010 would be a misadventure. Those who do not plan should of necessity be prepared to fail.Read mor...

 
Federation Account: How They Share N436.9bn in June 2010 Print
By Economic Confidential   
July 2010
The Economic Confidential magazine provides here the distribution of a total sum of N436.9 billion being the Statutory and VAT allocations shared to all tiers of government in June 2010.  From the table of net disbursements, the highest recipients are from the oil producing states with Akwa Ibom receiving N15.5bn, Rivers N14.7bn, Delta N13.5bn, Bayelsa N5.3b. The highest recipients from non-oil –producing states are Lagos N10.5n and Kano N8.5bn.
 
List of 43 Federal Permanent Secretaries Print
By Economic Confidential   
July 2010
List of 43 Federal Permanent Secretaries President Goodluck Ebele Jonathan has approved deployment of 11 Permanent Secretaries in the Federal Civil Service while retaining 32 others in their current posts. Among those redeployed is Mr. Danladi Kifasi from Ministry of Aviation to Ministry of Fi...
 
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State & National News Update

Kidnappers free Journalists, Demand Amnesty like that of Niger Delta
article thumbnaiThe Abia Kidnappers in South-East Nigeria have voluntarily released the four abducted journalists and their driver after a week in captivity and demanded for Special Amnesty similar to the amnesty granted to Niger Delta Militants of South-South of the country to dissuade them from further criminal activities in the region.

Monetary & Tax Matters


07 2010
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mrs. Ifueko Omoigui-Okauru has said that Nigeria is the only country where Value Added Tax (VAT) is lowest at five percent.
07 2010
The Central Bank of Nigeria has noted the above captured headline in a syndicated report in some national newspapers of Saturday, 10th July, 2010 in which the Governor, Mallam Sanusi Lamido Sanusi
07 2010
A special committee has disclosed that a total of 560,882 claims amounting to N106.9 billion had been submitted by members of the public against 440 illegal companies/’wonder banks’. Out
06 2010
The Asset Management Corporation of Nigeria (AMCON) Bill has finally been passed, following its harmonization by the Committee set up by the two chambers of the National Assembly and its adoption on
06 2010
As every actor knows, it is easy to be typecast. The picture being made of Sanusi Lamido Sanusi, after one year in office as the Governor of the Central Bank of Nigeria is that of a man who is in a
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