BUSINESS/Perspective
Nigeria is in dire economic straits and in one of its worst economic crises in its history as recently warned by the World Bank and the International Monetary Fund last December. It is so bad that in November the Budget Office stated that 428 of Nigeria’s over 600 agencies would be unable to pay November salaries. In 2015, in order to reduce waste and cost of governance, the Oransanye report recommended the scrapping and merger of many of these federal agencies.
For more than 5 years, the Buhari administration continues to fund these mostly moribund, obsolete, ineffective ,duplicated, unnecessary agencies many replete with mismanagement and corruption. How can a country that houses 87 million extremely poor people, the highest in the world, be financing 14 Space agencies? This is a picture of President Buhari’s 2021 budget proposals for a few of these agencies many with personnel costs (P) ranging from 90% to 100% of their total budgetary allocations. Quite
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Making the Easter celebration in Nigeria rewarding BY JEROME-MARIO UTOMIAdvertisement On Sunday, April 4, 2021, Christians in Nigeria joined their counterparts across the globe to mark/celebrate the great feast of Easter. Also called Paschal or Resurrection Sunday,.
‘I’m embarrassed’ CCT spokesman apologises for error-filled statement Ibraheem Alhassan, spokesperson of the Code of Conduct Tribunal (CCT), has apologised for releasing a poorly written statement in the wake of the altercation involving Danladi Umar, chairman of the.
Enyimba mount impressive comeback to defeat ES Setif 2-1 Enyimba returned to winning ways at the CAF confederation Cup after they fought back from a goal down to defeat ES Setif 2-1 in Aba, Abia state.Advertisement The People’s Elephants.