Insight

FG, States, LGs Share N429bn in March 2017

A total of N429.127 billion has been distributed as federal allocation for the month of February 2017 to federal government, state governments and local government councils. The communiqué issued by the Technical sub-Committee of Federation Accounts Allocation Committee (FAAC) at the end of the meeting...

Oil Exploration in the North: Matters Arising

At the start of 2016, President Muhammadu Buhari gave orders to the Group Managing Director of Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, to explore oil in the northern region especially in Chad Basin and Kolamini River.   The order raised hope, especially in the...

Cleaning the MDAs through Forensic auditing

The Federal Government has ordered all Ministries, Departments and Agencies (MDAs) to prepare an inventory of all fixed assets held as at 31st December 2016 to facilitate physical verification of all assets owned by the MDAs by its project team. As a matter of...

Thai Citizens Make a Bid for Peace

By Ibrahim Sheme A watershed event that promises to lead to the cessation of sectarian violence in Thailand took place recently. It took place on January 31, 2017 with making an elaborate hand-printing of the country’s flag as a symbol of peace at Asawittaya school...

Nigeria Amidst Impending Food Shortage

The incessant warnings about the possibility of Nigeria facing famine in the nearest future may have been taken with a pinch of salt by both citizens and those in position of authority. The latest report is coming from the Famine Early Warning System Network,...

Can 2017 Budget End Recession?

The presidential prophecy on ending current economic recession before this year ends is quite reassuring. However, some antitheses have been put forward by Nigerians arguing that the 2017 federal ‘Budget of Recovery and Growth’ is short of critical budgetary ingredients that could spontaneously stimulate...