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Three Ex-Heads of State Involved in $180m Halliburton Scandal

There are new insights on why the $180million Halliburton bribery probe is lingering without the trial of some highly-placed Nigerians. The Nation learnt that former President Goodluck Jonathan, who planned to table the report before the Council of State, could not do so because three...

NLNG to raise $15b for Train 7

Nigeria Liquefied Natural Gas Limited (NLNG) plans to raise $15 billion from the International Capital Market to fund its Train 7 project, its Managing Director Tony Attah, has said. The Train 7 investment is capable of generating 18,000 jobs, he added. Attah told the Senate to...

Between Recession and the Sales of National Assets

The way out the current economic challenges in Nigeria has continued to generate debate among Nigerians both at home and in Diaspora. As a matter of fact, recently the Senate President Bukola Saraki made a suggestion that President Mohammadu Buhari led administration should put...

Government Plans N6.866tr Budget for 2017

• Considers $25b infrastructure fund • Debt profile hits N16.3 trillion • Amnesty fund rises from N20b to N65b For 2017, the Federal Government has proposed a budget of N6,866,335,052,740. The Presidency which formally informed the National Assembly of the proposal yesterday also disclosed that it would set...

Dangote: I’m Not Interested in Buying NLNG, Other National Assets

...Says naira under attack, N500/$ not true reflection of currency’s value ...IOCs to exercise preemptive rights in the event of assets sale Following the outcry that has trailed the advocacy for the sale of the country’s national assets as a quick measure to fund the 2016...

Before We Sell Public Assets

As if the current unclear economic policy context was not disconcerting enough, the sudden emergence of a raging debate on the sale of public assets has escalated one’s fears that easier things seem to appear more attractive to the government. Yet, in public policy,...