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Nigeria Rolls Out $2 Billion Brazil-Like Social-Welfare Plan

By David Malingha Doya Nigeria is rolling out its first national social-welfare program modeled partly on Brazil’s Bolsa Familia in a bid to boost a weak economy and curb poverty by giving cash to its poorest citizens and ensuring their children go to school. The government of Africa’s most-populous nation is investing

2017 budget and the expensive government

By Emmanuel Onwubiko   The business dictionary defined budget as "an estimate of costs, revenues, and resources over a specified period, reflecting a reading of future financial conditions and goals".   The online business dictionary also affirmed that budget is one of the most important administrative tools.   A budget, it argued, serves also as a

BREAKING: Senate Finally Passes 2017 Budget

By Dipo Olowookere The 2017 budget has been finally passed by the Senate, report just reaching Business Post from Abuja indicates. The Senate, coming out of a closed-door session, announced the passage of the budget after over four months. The 2017 appropriation bill was submitted to a joint session of the National

2017 Budget: Senate not satisfied with N5.8bn allocation to ICPC

Magu, Babachir

Worries over poor funding of anti-corruption agencies    ..Nneoma Ndibe    The Senate has observed that the fight against corruption in Nigeria may be scuttled by the growing underfunding of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) and other anti-corruption agencies in Nigeria. To this end, they expressed lack of satisfaction

Presidency: N100m budgeted for bullet-proof tyres in 2017

Nneoma Ndibe  The Presidency has disclosed that it plans to spend approximately N100 million in purchase of bulletproof tires as was contained in the 2017 budget. The Permanent Secretary of the State House, Mr. Jalal Arabi,  confirmed this on Thursday, during the defence of the Presidential Villa’s 2017 budget, before the Senate