Economy

Buhari Govt: 2,900 payments worth N51bn paid into personal accounts – BudgIT

Buhari Govt: 2,900 payments worth N51bn paid into personal accounts – BudgIT

BudgIT has urged President Muhammadu Buhari to investigate the payment of government funds into personal accounts. This call was made after a study of the Open Treasury Initiative of the Federal Government. The Buhari administration on December 9, 2019, launched the Open Treasury Portal. The purpose is to increase transparency in government spending. On Thursday, BudgIT released its report titled Open treasury “OpenTreasury.gov.ng Nigeria’s Spending Platform: Review, Gaps and Recommendations”. It noted that the sums were paid into personal accounts, including several records with vague descriptions. BudgIT discovered over 5000 payments without descriptions to the tune of N278 billion. It found…
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My case for Atiku: separating facts and sentiments – Kalu

My case for Atiku: separating facts and sentiments – Kalu

There's a popular saying that tough times requires tough measures, and I am adding that the tough measures can only come from men who understand "times". Haven said this, let me once again clarify that when I stood strong to support Alhaji Atiku in 2019, it was based on my believe that Nigeria needed a man that is strong enough to understand the dynamic complexities of the multifaceted entity called Nigeria. It was not borne out of pecuniary instinct, neither was I expecting to be rewarded for standing for what I believe to be right for all Nigerians.I can also…
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Umar writes Buhari, says ‘skewed appointments will ruin Nigeria’

Umar writes Buhari, says ‘skewed appointments will ruin Nigeria’

Godwin Isenyo, Kaduna A former Military Governor of Kaduna State, Col. Abubakar Umar (retd.), on Sunday, warned the President, Major General Muhammadu Buhari (retd.), over alleged lopsided appointments in the country. According to Umar, the appointments so far made by the President into federal positions will bring the country into “ruins”. The former military governor stated this in his open letter to President Buhari, which was made public on Sunday. The letter was titled, ‘Mr President; Please belong to all of us’, and dated May 31, 2020. Part of the letter read, “At this time and in the light of…
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Ngozi Okonjo-Iweala gets another International appointment with WHO

Ngozi Okonjo-Iweala gets another International appointment with WHO

The World Health Organisation (WHO) has appointed Nigeria’s former Finance Minister, Ngozi Okonjo-Iweala as Special Envoy for the newly inaugurated Access to COVID-19 Tools (ACT) Accelerator. Ngozi is to serve alongside British business executive, Sir Andrew Witty in the same capacity, to mobilise international commitment to the initiative. This was made known by Director-General of the organisation, Dr. Tedros Ghebreyesus, during the launch of the ACT Accelerator — via webinar from Geneva. “I would especially like to thank Sir Andrew Witty and Dr. Ngozi Okonjo-Iweala for agreeing to act as Special Envoys for the ACT Accelerator,” Ghebreyesus said in his…
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Guinea-Bissau, the investment hub and tourism destination of Africa – Pt I

Guinea-Bissau, the investment hub and tourism destination of Africa – Pt I

Guinea Bissau is one of the countries of West Africa formerly in the same union with Cape Verde before they separated to become two sovereign nations. And the population of Guinea Bissau is estimated to be between 1.6 to 2 million inhabitants. Background History Guinea Bissau is one of the Colonies of Portugal in West Africa who fought and gained their independence from Portuguese occupation. The Guinea-Bissau War of Independence was an armed independence conflict that took place in Portuguese Guinea between 1963 and 1974. Fought between Portugal and the African Party for the Independence of Guinea and Cape Verde, an armed independence movement backed by Cuba and the Soviet…
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