IMF and Budget 2016 (2)

AS Nigerian fiscal and monetary policy authorities and political leaders receive the team of economists from the International Monetary Fund, IMF, who are expected to scrutinise the 2016 budget and possibly the Medium Term Expenditure Framework, MTEF, 2016 – 2018, we expect utmost care on the part of the public policy executives to delineate Nigeria’s national interest from classical economics.

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IMF and 2016 budget

LAST week was quite eventful for Nigeria and the challenged economy. The Manging Director of the International Monetary Fund, IMF, Ms Christine Lagarde, held extensive meetings with the nation’s political and economy elite. Amongst them were the Governor and executives of the Central Bank of Nigeria, the Finance Minister, Mrs. Kemi Adeosun, Budget and Planning Minister, Mr. Udo Udoma, the leadership of both chambers of the National Assembly as well as chief executives of commercial banks in the country.

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Plea for peace in Bayelsa’s gov run off poll

ALL eyes are on Bayelsa State as a section of the state returns to polling stations to cast their ballots in tomorrow’s run-off governorship election.

The Independent National Electoral Commission, INEC, had rescheduled the inconclusive December 5, 2015 governorship poll between incumbent Governor Seriake Dickson of the People’s Democratic Party, PDP, and his predecessor, Timipre Sylva of the All Progressives Congress, APC. The election is taking place in Southern Ijaw Local Government Area and some pockets of polling units.

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Appeal Court conflicting judgments in election petitions

IN every constitutional democracy, the judiciary is one of the major pillars that sustains its principles and tenets. It is an embodiment of equity,fairness,justice and rule of law. Without the judiciary which is regarded as the last hope of the aggrieved,law and order will stand on their heads. It is against this backdrop that justice must not only be done by the institution but must be seen by all to have been done.

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Unravelling the arms deals

The Muhammadu Buhari administration has started making good its pledge to probe the big-time financial transactions of the previous administration with the on-going investigation of arms deals between 2007 and May 29 2015. Already, a 13-man committee constituted to examine the transactions has unearthed what it described as large-scale scams totalling N643.817 billion and $2.193 billion after a preliminary inquiry.

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A country full of idle youth!

THE impact of bad leadership in Nigeria since the end of the civil war is everywhere, but the segment of the population that has been victimised the most is the youth. They are the ones spending the most active years of their lives in poverty. They are either engaged in ungainful, menial employment, or are unemployed outright.

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The Military and our elections

WE are deeply worried over the increasing frequency of accusations of the Nigerian military and security agencies meddling in the conduct of elections. Very few elections have been held without the Military and Police being accused by the parties in opposition, of being unlawfully used by the ruling party at the centre to compromise such elections.

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