assets

Illegal Sale Of Seized Assets: Malami denies involvement, okays probe

Illegal Sale Of Seized Assets: Malami denies involvement, okays probe

By Ikechukwu Nnochiri – Abuja The Attorney-General of the Federation and Minister of Justice, Mr Abubakar Malami, SAN, has denied knowledge of his involvement in the alleged illegal sale of assets forfeited to the Federal Government. Malami, in a statement that was signed by his media aide, Dr Umar Gwandu, said his attention was drawn […]
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Futility of one-way assets declaration

Futility of one-way assets declaration

THE 1999 Constitution of the Federal Republic of Nigeria mandates specific public officeholders to declare personal assets on assumption of offices. Based on this, President Muhammadu Buhari and his vice, Professor Yemi Osinbajo complied after inauguration, regrettably an action that was also taken by all the previous administrations that declined to do same after leaving office.

Which national assets are for sale?

Which national assets are for sale?

THAT the country is in recession and the economic crisis in which we’ve found ourselves is biting hard is now old news. Yes, we are in recession and Nigerians are presently preoccupied with finding solutions to our economic troubles.

Nigeria: Sale of assets as dangerous  policy myopia? (2) by Chukwuma Charles Soludo

Nigeria: Sale of assets as dangerous policy myopia? (2) by Chukwuma Charles Soludo

NOW we have started to make some progress with so-called ‘flexible exchange rate’ but still combined with a black list of 41 items ineligible for forex as well as other crude controls, and the consequent huge parallel market premia that is one of the highest in the world. The parallel market exchange rate has now become a very important leading indicator in the economy.

Selling national assets

Selling national assets

IN recent times, the Senate President Dr. Bukola Saraki and Alhaji Aliko Dankote have called for the sale of National Assets to finance our budget deficit and stimulate economic recovery. This call has also being endorsed by the National Economic Council comprising of the Vice President and the 36 State governors at their recently concluded economic council meeting.