Economic Confidential

SERAP Faults AGF Advice on Non-remittance of $20bn by NNPC

A group, Socio-Economic Rights and Accountability Project (SERAP), has faulted the legal advice provided last week by the Attorney General of the Federation (AGF) and Minister of Justice, Mr. Mohammed Adoke (SAN), that the Nigerian National Petroleum Corporation (NNPC),...

FG begins inspection of local automobile assembly plants

... Says new policy has attracted more investors into Nigeria  The Federal Government has commenced onsite inspection of local automotive assembly plants across the country as part of the implementation plan of the Nigeria Automotive Industry Development Plan.   Speaking during the...

Jonathan paying lip-service to Ajaokuta and steel development, says Senator Abatemi-Usman

Vice Chairman, Senate Committee on Niger Delta Affairs, Senator Nurudeen Abatemi-Usman, has said that President Goodluck Jonathan has not shown enough commitment to steel development in the country. According to a statement by his Special Assistant on Media and Publicity,...

FG inaugurates Committee for Growth, Employment Project

The Federal Government has inaugurated an 8-man steering committee for the Growth and Employment Project which is aimed enhancing job creation and increased non-oil growth in specific high-potential value chain sectors. The  Committee is chaired by the Minister of Industry,...

Sanusi to Jonathan: You can’t suspend the truth

I have no  regrets;  I   have no ill-feelings  and with no sadness.  I’m happy; I’m proud of what I have done.” These were the words of  Lamido Sanusi  as he reacted to his suspension  as the Central Bank of Nigeria governor by...

Kwankwaso signs 2014 Appropriation bill into law

Kano state governor Rabiu Musa Kwankwaso has signed into law, the 2014 appropriation bill, in the tune of N215, 148,755,955  billion, after passage by the state House of Assembly. Shortly after signing the budget today, Wednesday, in the presence of...
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