Economic Confidential

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Stemming the Boko Haram menace
The North could never recover from the destruction of Boko Haram menace for the next 20 years
05, 2013
Why We Are Focused on Educational Investments in Kano- Governor Kwankwaso
I am glad to read that Kwankwaso has completely banned begging in Kano State. This in his bid to rid Kano of social vices and other immoral activities. Commander General of Kano Hisbah Board, Sheikh Aminu Ibraheem Daurawa, who made the announcement s...
05, 2013
Why We Are Focused on Educational Investments in Kano- Governor Kwankwaso
Though Kwankwaso is trying a it but the next administration is not going to be PDP in Kano Insha Allah. Mallam party is o the way
05, 2013

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Dangote opens more Cement depots; wants more Nigerians as distributors

October 2012 Economic Confidential

In a bid to adequately satisfy the need of the consumers, the Management of Dangote Cement has approved the opening of more Cement depots across the country to further take the products nearer to the people.

With this, the company has liberalized its distribution channels by widening its sales point network.
The company is also adding more lines to its existing cement plants across the federation wi...

Alison-Madueke, Adoke, Otunla Stall House $1.1b OPL 245 Scandal Probe

October 2012 Economic Confidential

ON August 16, 2011, which was the eve of Dr. Ngozi Okonjo-Iweala’s resumption as Coordinating Minister for the Economy and Minister of Finance last year, the Minister of State for Finance, Dr. Yerima Ngama and the Attorney General and Minister of Justice, Mr. Muhammed Adoke authorised the transfer of about $1.1 billion from an offshore account of the Federal Government into the account of Malabu O...

Federation Account: How They Share N886bn as Statutory and VAT in August 2012

September 2012 Economic Confidential

The Economic Confidential magazine provides here the distribution of a total sum of N886 billion being the statutory and VAT allocations shared to all tiers of government at the meeting of the monthly Federation Account Allocation Committee (FAAC) in August, 2012. From the total disbursement of nets after deductions, the highest recipients are from the oil producing states with AkwaIbom N18.1bn, Rivers receiving N13.9bn, Delta N14.2bn and Bayelsa N9.3bn. The highest recipients from non-oil –producing states are Lagos N13.2bn and Kano N10.8bn.

The lowest recipients as revealed in the table below are Gombe N4bn, Nasarawa N4bn, Ebonyi N3.7bn and Ekiti N3.9bn. The Economic Confidential can also confirm other disbursements in August, 2012: Federal N204.1bn, FCT Councils N4.3bn, Nigerian Customs Service (NCS) N2.7n, and Federal Inland Revenue Service (FIRS) N7.7bn

Click Here to View Full Table

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Yusuf Alli: The Investigative Editor

September 2012 Labaran Saleh

Mallam Yusuf Alli is an editor by designation but a celebrated investigative reporter in Nigeria by design. He is widely traveled with a high network of connection among the elites, security agencies, civil society groups, traditional institutions and minority groups.

Yusuf Alli is currently the Mana...

DG, provost, lawyer, others in soup as Code of Conduct Tribunal begins trial

September 2012 Economic Confidential

The Director General, National Centre for Technology Management will this week face trial at the Code of Conduct Tribunal for allegedly recruiting over 60 percent of his staff from a particular section of the country.

The Tribunal chaired by Justice Danladi Umar would commence the trials of other pub...

We Are Going National as Our Capital Base Hits N10bn – MD Jaiz Bank

September 2012 Economic Confidential

The Economic Confidential recently met with the Managing Director of Jaiz Bank Plc, Alhaji Mohammed Mustapha Bintube for an exclusive interview.

Alhaji Mohammed Mustapha Bintube began his career with New Nigerian Development Company (“NDDC”) in 1982 as an Investment Executive and rose to the positio...

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