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Federation Account: How They Share N607bn in July 2010 PDF Print E-mail
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By Economic Confidential   
August 2010
The Economic Confidential magazine provides here the distribution of a total sum of N607 billion being the Statutory and VAT allocations shared to all tiers of government in July 2010. From the table of net disbursements, the highest recipients are from the oil producing states with Akwa Ibom receiving N17.4bn, Rivers N15.7bn, DeltaRead more... Add new comment
 
Nigeria Earned N34 Trillion in 10years of Democracy PDF Print E-mail
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By Economic Confidential   
August 2010
Nigeria is not poor. It is a very rich oil producing country earning trillions of Naira in revenue from the oil and non-oil sectors of the economy.  The Economic Confidential, an economic intelligence publication reveals in detailed tables how over N34 trillions in revenue i...
 
Federation Account: How They Share N436.9bn in June 2010 PDF Print E-mail
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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.
 
Excess Crude Account: The Sharing of N22bn in June 2010 PDF Print E-mail
By Economic Confidential   
July 2010
Apart from the sum of N436 billion shared as statutory and Vat allocations, the sum of N22 billion was also disbursed from the Excess Crude Account to the Federal, States and Local governments in Nigeria at the meeting of the Federation Account Allocation Committee in June 2010. The Economic Confidential magazine provides the detail of the disbursement from the Excess Crude Account being difference between Budget and Actual for disbursement in June 2010.
 
List of 43 Federal Permanent Secretaries PDF Print E-mail
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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

ICT Steers Assessment World – Prof. Ojerinde
article thumbnaiThe President of the International Association for Educational Assessment (IAEA), Professor Adedibu Ojerinde has admitted that the dynamics in the assessment world have changed fundamentally across the globe. According to him, the Theories, Models, Policies, Principles and Practice of evaluation have under gone a lot of vicissitudes and panel beating with their corollary outcomes which are both...

Monetary & Tax Matters


09 2010
With its financial autonomous and improved conditions of service for the staff, the Federal Inland Revenue Service (FIRS) has become a hot destination for job seekers in Nigeria. The Economic
09 2010
The attention of the Board and Management of the Federal Inland Revenue Service, FIRS has been drawn to the publication ‘Senators, ministers hijack 524 jobs in FIRS’ by The Saturday Punch, August
08 2010
The College of Supervisors of the West African Monetary Zone (CSWAMZ) holds an inaugural meeting August 16 – 17, 2010 at the Central Bank of Nigeria, Corporate Headquarters, Abuja, to fine-tune
08 2010
CBN Partners AGRA to Stimulate Agric Financing   The Central Bank of Nigeria,(CBN ) has signed a landmark agreement with the Alliance for a Green Revolution in Africa (AGRA) to develop a new
08 2010
The chairman of Federal Inland Revenue Service (FIRS) who doubles as the boss of Joint Tax Board (JTB), Mrs Ifueko Imigui Okauru has vowed that tax defaulters would henceforth be sanctioned to serve
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