Can Nigeria build new millionaires through Dangote IPO?
By MOSHOOD OSHUNFUREWA Nigeria has a long, painful, and largely unreported history with shares. The promise of ownership has repeatedly been used to separate ordinary citizens from their savings, and the consequences have rarely been visited upon those responsible. Between 2007 and 2009, an estimated N800 billion was funnelled into private placements that promised future […]
Akwa Ibom 2012 budget and fiscal discipline
By Usen Akpan REcently, Governor Godswill Akpabio signed the state’s 2012 appropriation bill, in compliance with section 121 (1) of the Nigerian constitution state. But beyond the yearly ritual, his avowed practice of fiscal discipline since 2007 gives hope for tomorrow. The latest budget has a total figure of N407billion. In 2011 fiscal year, Akwa […]
Fuel Subsidy : Illogic, incoherence and national discourse
Like in war, the first casualty in national discourse anywhere is the truth. Despite the perchance to murder truth, truth is constant as the Northern Star. This massacring of the truth is not because people are dishonest fundamentally. It is a bye product of several factors which include lack of objectivity, jaundiced view of issue(s), […]
Of Boko Haram, strike and subsidy removal
THIS is clearly one of the worst periods in Nigeria’s history. It is reminiscent of Professor Wole Soyinka’s “season of anomie”. This is a time when almost everything in Nigeria appears to be heading towards anarchy.
Nasarawa: Gov Al-Makura’s attempt at a fresh start
DOES the 2012 Appropriation Bill recently presented to the Nasarawa State House of Assembly for consideration by the state governor, Alhaji Umaru Tanko Al-makura present any new lease of life for the people of the state?
Charting a new course in Osun State: A total governance approach
THE draft 2012 budget presented to the Osun State House of Assembly by the Ogbeni Governor is the first to be presented conceptualized and formulated by the Action Congress of Nigeria government in Osun State. Fiscal discipline and performance planning represents a central thrust in the conceptualization of the Budget.
