Our Target:

Since its inception in January 2007, the Economic Confidential has constantly beamed its searchlight on the economic and financial sector, focusing on the various kaleidoscope and indicators that measure the pulse of the economy and bringing these to our readers.

We undertake and employ the best tradition of journalism: objectivity, accuracy and fairness. Our editorials and reports remain Factual, Authoritative and Accessible.

 

You can also assume that you have commissioned us to launch inquiries into every economic issue and make the findings available to you in our online and print editions of the publication.

We invite you to stay with us.

Nigeria Economic Regulators:

Federal Ministry of Finance (FMF)

Central Bank of Nigeria (CBN)

Federal Inland revenue Service (FIRS)

Debt Management Office (DMO)

National pencom Commission (PENCON)

Nigeria Deposit Insurance Corporation (NDIC)

Nigeria National petroleum Corporation(NNPC)

Securities and Exchange Commission(SEC)

Bureau of Public Enterprise (BPE)

Nigeria Extractive Industries Transparency Initiative (NEITI)

To subscribe to our News Alert Mailing List, Click on: http://groups.yahoo.com/group/economicng

       

 

 
 
 

*Home

 

*Mission

 

Editorial Suite

Odds against downstream deregulation - By Chijama Ogbu

 

Profile

Bar. Bello Mahmud: The New Registrar General for CAC

 

Cover

No 2nd Term for YarÁdua – Billionaire Debtors Vow

 

Facts and figures

Federation Account: How They Share N332bn in October

 

The Sharing of N27.8bn on Exchange Rate difference in October 2009

 

List of Federal Perm. Secs and their States - Non from Bayelsa

 

List of Major Debtors in Nigeria

 

Exclusive Interview

No more Needless Borrowing in Public Offices - Aliyu Yelwa, Boss of Fiscal  Commission

 

Monetary

CBN Supports Deregulation, Allows ETB to Rectify Lapses

 

Communiqué No. 66 of the Monetary Policy Committee Meeting

 

List of Major Debtors in Nigeria

 

National News

SMEDAN Advises Small Businesses on Good Idea

 

Odey Inaugurates Panel on IWMF in Niger Delta

 

Finally FG, States Share $2bn from Excess Crude Account

Honours for EFCC Boss in USA

 

State News

Kano Spends N1bn on Sports Development as Governor bagged ‘Sardauna’

 

IDB advances N3.15bn loan to KDSG as Governor Approves N18mn for Training 

 

 

ARCHIVES

Personalities/Interviews

Editorial Suite/Cover

Facts and Figures

National& States News

Mult/Business & Monetary

Features/Essays

Special Focus

January 2009 Edition

February 2009 Edition

March 2009 Edition

April 2009 Edition

May 2009 Edition

June 2009 Edition

July 2009 Edition

August 2009 Edition

September 2009 Edition

October 2009 Edition

November 2009 Edition

 

More in Archive

 
 

Economic Confidential, December 2007

 

FEATURES

Re-discovering Water in Kano

By Suleiman Haruna

 

I can remember vividly during my early years how children played under running taps of first class clean water in their houses, and those who do not have in their houses had unfettered access to public taps installed within every kilometer or so. This water was treated to internationally approved world health standards before distribution so diarrhea and other water borne diseases then had more to do with sanitation. Ruminating over this state of affairs gives cause for nostalgia. The utter decay of our infrastructure in the face of allocations of billions of naira, which find their way into deep personal pockets, is sad indeed! Hope was gradually ebbing on the possibility that one day; the scarcity of potable

water may be a thing of the past.

 

It takes courage, knowledge, vision and ambition to conquer a challenge, especially a monumental one that has developed tap roots.  The challenge of water scarcity can be a nightmare for any leader who has a pint of conscience left in him. It can also scare away the fickle hearted to utter resignation. This explains why today only few of the 36 states and FCT have been able to attack this problem head-on. There is hardly any state that can boast of successfully providing adequate potable water to a majority of its population. In fact it can be safely said that of the 140 million people of Nigeria, only an insignificant number have access to treated water, even though we have millions of boreholes constructed in all corners of the nation and in all vegetations and climes, thus depleting groundwater resources, which take long to replace. It is better and cheaper, however, using fresh water from streams and rivers, where they are available, to produce safer and more enduring water.

 

The problem of water scarcity manifests more in states that have high population density, where the demand for water is always high. Kano for instance has a daily requirement of 550 million liters of water but has only been able to meet about half of that demand.

 

The problem is compounded by deteriorating facilities, especially the reticulation, which has remained more or less the same since 1932. The various upgrades conducted by former Governments did not by any means come close to providing the almost 10 million people of Kano with water. In fact there are places within Kano metropolis that have had dry taps for almost twenty years and to them, tap water means the one from 20 liter jerry cans that they buy for between 15-30 naira.

 

Kano is reported to provide its citizens with 23.5% pipe borne water, 16.5% bore hole, 44% well water. The remaining 16% covers water sourced from vendors, ponds and rivers as well as untreated pipe borne water.20% of these sources are unsafe for human use. (Nigerian Statistical fact sheets 2005)

 

The debate over water scarcity has always been like that of electricity; that because consumers have refused to pay their bills the system has broken down. The fact however, is that any genuinely fulfilling service will attract patronage from consumers. But a system whose service is erratic and on which the consumer has lost confidence will never attract patronage. In other words the service has to be provided satisfactorily for consumers to pay their bills. What had happened over the years was that the water board served as a milking cow for various former governors. Besides corruption, there was also administrative lethargy, and misplacement of priorities.

 

Kano has had the opportunity of electing a water engineer as governor, at a crucial time when his experience was expedient in turning the problem around, but its water problems did not abate. Other governors who had fewer reasons to be interested in potable water supply did much better. By the time Audu Bako left Government, Kano has carved a niche for itself as the best in terms of water resources development in Nigeria. This glory, albeit hollow, is still extant.

 

Perhaps it is poignant that 40 years on with a blossoming population, Kano should be starved of water, both for its domestic and industrial requirements. It is however heartening that today its glory is set to return as water scarcity will soon be overcome. This is so because for once in many years every tap in Kano will run and every industry will have enough water for its needs. The multitudes of our population will have jobs to do and the health record as well as the economic boom of Kano will return.

 

Governor Ibrahim Shekarau, whom God has endowed with another four-year term, has succeeded in alleviating the age old water scarcity of  Kano through the Tamburawa water works, a modern, state of the art facility which is capable of irrigating the age-old thirst of the metropolis with an additional 150 million liters per day. This is an outstanding achievement considering that the daily average individual consumption of Kano will improve dramatically. Also significant is that the spate of water borne diseases will witness a remarkable drop.

 

The N5.6 billion project conceived at the dawn of Mallam Ibrahim Shekarau’s first term is rated the largest in sub-Saharan Africa. It will supply 150 million litres to the Kano residents on daily basis. Already, residents of Sabon Gari, Brigade Quarters and Nasarawa Area are enjoying the dividends of the project, as water has started flowing after passing through different stages of purity before it pumps into the cities within Kano metropolitan.. Apart from serving over one million people, it will also supply the industrial sector too.

 

What is more amazing is the fact that the project was constructed without resort to any form of loan but through a careful planning and savings over a period of time in keeping with government’s resolve to be accountable, honest and conscious of the yearnings and aspirations of our people.

 

While congratulating the people of Kano on this positive state of affairs, it is pertinent to draw their attention to a significant issue. As a result of the years of dry taps, it would be wise for them to save some money ahead of this water rush, to take care of leakages and rusty pipes. It is important for the citizens to show appreciation to the state Government

by promptly settling water bills. This would surely encourage Governor Shekarau to pursue the upgrade of the entire reticulation of the state; and eventually the next big one, which is the independent power project to be completed, we hope, before 2011, the Governor’s exit date.

 

A crucial issue that requires Governor Shekarau’s attention is that as at today there are thousands of Kano indigenes who have spent the last 30 years living as water hawkers. Through this trade, they have sustained their families and even sent their children to school. There is need to ensure that these groups of people do not feel disenfranchised by the abundance of water, which is bound to take away their source of livelihood, by providing them with workable alternatives.

 

It is positive commentary that the people of Kano can account by themselves for the billions of Naira allocated to the state by the Federal Government and their Governor stands as a shining example of a servant leader and as a beacon to other governors who are still tottering in the bewilderment of power. I am of the strong belief that the combination of employment generation, provision of water and that of electricity are the immediate ingredients that will catapult Kano back to a position of glory and greatness such that by next year, the national poverty level would rate Kano higher than its present 71% (National Bureau of Statistics).

 

Suleiman Haruna

Federal Ministry of Information and Communications,

sulaimanharuna@yahoo.com

Garki – Abuja.

   

SPECIAL FOCUS

List of Major Debtors in Nigeria

 

List of Bad Debtors in Federal Mortgage Bank of Nigeria (FMBN)

 

NEMA@10: The Story So Far

 

Questions and Answers on the Examinations of the 14 Banks by CBN

 

FEATURES

Africa's Foreign Reserves: In Reserve For Who?By Chika Ezeanya

 

Churches and Mosques Should Pay taxes - Mcdonald Koiki

 

Deregulating Robbery in Nigeria By Kola Ibrahim

 

Understanding Monetary Policy By Abubakar Jimoh

 

The Making of Ideal Economic Policies By: Salim Salihu Muhammed

 

The Putrid Mess Also in CBN By Les Leba

 

Still on Early Warning Alert System in Nigeria By Yushau A. Shuaib

 

District 9 and the Can of Wild Paradox by Segun Imohiosen

 

Nigeria: Time to Check to the Drift By Dansulieman Mohammed

 

Golden Casket: Between Gani Fawehinmi and Wacko Jacko- By Yushau A. Shuaib

 

NIGERIA@49: Tracing the Economic Intervention- By Abubakar Jimoh

 

NASENI: Striving to end Nigeria’s reliance on foreign good – By Umar Kari

 

Macroeconomic Framework for an Independent Economic Recovery- Salihu Muhammad

 

When Sony Undermines Campaigns of Akunyili and Aoandoka- By McDonald koiki

 

Archetypal Resurgence: The Lamido Sanusi Revolution- By Segun Imohiose

 

Banks and Money Laundering- By Les Leba

 

Oronsaye’s Civil Service reform- By hussaini Sani kagara

 

New Policy in the Civil Service: Hypocrisy at Work? –By Tope Ajakaiye

More Features

 

TAX MATTERS

* Church and Mosque Not Exempted from Tax - FIRS

… Use of Consultants for Tax Collection is an Aberration

*Finance Minister Advocates Partnership on Tax Issues

*FIRS Reopens PAN, Vows to Prosecute Defaulters

*How We Generate N808bn in Tax Revenue Within Six Months- FIRS Boss

*FIRS Generates Taxpayers Numbers for Bank Customers

*Historical Milestone as Online Tax Payment Begins

*FIRS Seals Two Oil Companies Over $610m Tax Arrears

*Firms Owed Govt N260b in Taxes

*Tax Identification Number to Reduce Tax Evasion- FIRS Boss

*Revenue Agencies to Make Full Disclosure- Finance Minister

*FIRS Delists 2 Banks over Non-Remittance of Tax