September 8, 2008 How Federal, States and Local Governments Shared N16 trillion in 8 years of OBJ The Economic Confidential can authoritatively reveal that a whopping sum of N16 trillion was distributed to federal, states and local government councils during the eight years tenure of President Obasanjo. Out of the total amount, the Federal Government received the sum of N7.39 trillion while the entire 36 states and federal Capital Territory shared N5.74 trillion. In the ranking of states Rivers State came first as it received N517billion while those at the bottom with less than N100bn each were Plateau, Nasarawa Ekiti and Gombe States who received N81bn, N90billion, N92 billion and N96 billion respectively in the same period. … See the Table>>
UNEMPLOYMENT: A Snag in Actualizing Vision 2020 Apart from the appalling conditions of public service that seem to encourage corruption, the modes of offering employment to qualified Nigerians have taken a turn for the worst. Others may agree that nepotism has been part of the Nigerian state since independence, but the present government should offer a fresh opportunity to depart from the ills of the past and work in sync with the vision 2020 agenda... Read>>
EXCLUSIVE INTERVIEW We Monitor Revenue and Other Agencies Closely- FCC Boss The new Executive Chairman of the Federal Character Commission, Professor Shuaibu Oba Abdulraheem may require little introduction, especially to those in the academic community. In this Exclusive Interview with the Editorial Team of the Economic Confidential, the sixty years old traditional title holder of Talba of Ilorin Emirate condemns some secret recruitments in some revenue and other agencies of government... Read>> FEDERATION ACCOUNT: Double Allocations in August 2008 From documents obtained by Nigeria's economic journal, the Economic Confidential, two allocations were made comprising monthly statutory, VAT Allocation and Augumentation from the Excess Crude Account in August 2008 for distribution to the three tiers of government from the Federation Account... Read>> Economic Confidential Factual, Authoritative and Accesible Nigeria's Economic Magazine |
Wednesday, December 10, 2008
How Federal, States and Local Governments Shared N16 trillion in 8 years of OBJ
