Discos: On FG’s forensic audit order and repairs surreptitiously done by customers’
Granted that the National Economic Council (NEC) rose from its Thursday last week’s meeting and ordered a forensic audit of all the electricity Distribution Companies (Discos) in the country, particularly their bank accounts, the fact remains that majority of Discos’…
Just in: Minister announces FG’s anger over states hike in RoW for InfraCos
The Federal Government Tuesday announced with anger, the receipt of the decision of some states of the Federation to increase the Right of Way (ROW) charges in disregard of the resolutions reached by the National Economic Council (NEC). In a…
Experts query FG’s N179b for ranching, only N1b for fashion entrepreneurs
Following recent approval by the National Economic Council (NEC) for the development of 94 ranches in 10 states with the sum of N170bn and the idea by the Bank of Industry (BoI) to support Fashion Entrepreneurs with N1bn, development economists…
S’East, S’South, S’West lack free massive lands for ranching as FG plans 94 ranches
Just as the National Economic Council (NEC) chaired by Vice President Yemi Osinbajo has approved a 10-year National Livestock Plan (NLP) which will cost about N179 billion for the development of 94 ranches in 10 states, feelers from leaders in…
Weak governance structures in MDAs fueling recurrence of under-remittance—NEC
More details weekend emerged from the former Accountant general of the federation and Governor of Gombe State, Ibrahim Dankwambo, revealing that the cause of the observed regular under-remittances by Ministries, Departments and Agencies (MDAs) is poor governance structures embedded in…
$1b for B’Haram: Another Dasukigate underway for 2019 election?
Since the sudden announcement by the National Economic Council (NEC) that Governors and federal government have agreed to deflect the Excess Crude Account (ECA) to the tune of $1bn for the fortification of the fight against insurgency in the North…
Govs accept withdrawal of $1bn from ECA to fight terrorism, others
Barely one week after a security official of the African Union (AU), warned African nations to brace up surveillance against returning Islamic State’s (ISIS) fighters after the liberation of Iraq and Syria, the National Economic Council (NEC), on Thursday concurred…
States’ W/Bank ranking’ll expose regulatory hostilities to businesses—Expert
New idea of the World Bank to rank Nigerian states on ease of doing business will expose the real cause of stagnancy in new local business developments across the states. A leading development economist, Dr. Ken Igboanugo has said. In…
FG makes headway on broadband, harmonizes RoW charges for telecom InfraCos
The recent approval harmonizing right of way charges payable by the telecommunications companies and related public utility infrastructure on Local Governments, States and Federal Highways by the National Economic Council (NEC) has elicited reactions from industry experts. It would be…
