CAN you recollect when the news report that “the EFCC is investigating  allegations of N1billion fraud against Governor ABC” would send the governor scampering to the airport for the first flight out of Nigeria? Can you remember when entire States’ Houses of Assembly trembled if Malam Nuhu Ribadu, the first Chairman of the Economic and Financial Crimes Commission, EFCC, merely mentioned that the lawmakers were under investigation? Do you even remember who Nuhu Ribadu is and does it matter anymore? Yet, the first visit of the former EFCC Chairman to Lagos to meet the media created a massive hold-up for hours.

The report stated as follows: “the states were expecting to share N3.3 trillion from the Federation Account during the year, they would not be able to get more than N2.1trillion…. Federal Government’s share from the Federation Account, which was initially projected to be N4.8tn, will decline to N2.4trillion.”

been published today. But, a more urgent matter has arisen. The Federal Government announced what was called the 2020 Revised Budget. Keen observers would have noticed that there is little difference in the aggregate figure from the original budget.

The story by Nike Popoola went on to say that:“POLARIS Bank Limited said it recorded N27.8bn profit before tax in its first audited IFRS 2019-compliant financial result.

SOMETIMES, it is necessary to bring more than one indisputable news report to the notice of Nigerians who might not be able to read several newspapers and follow important developments regarding the economy and how it affects them. I must confess that it is often a daunting task to determine which reports to highlight.