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#FGWhereIsOur20BDollars: The Missing Billion Dollars In Graph

Courtesy Jeremy Weate’s page on Twitter (@jeremyweate). You can make of it you want to but it certainly crystallizes the alleged NNPC scam. Read More »

$30 Billion Budget, $20 Billion Stolen Through NNPC Alone: Read Financial Times’ Story on Another NNPC Scam #NNPCwhereIsOurDollars

$30 Billion Budget, $20 Billion Stolen Through NNPC Alone: Read Financial Times’ Story on Another NNPC Scam #NNPCwhereIsOurDollars

If this Sanusi Memorandum on NNPC Scam document is too long for you to read and digest, FT (Financial Times) has published a detailed report on it here Nigeria Bank Governor Alleges Oil Subsidy Racket but because you’d need to subscribe on their site to read the report, you can download the whole article here as PDF Financial Times On The NNPC Scam download the pictures ... Read More »

Bribery: The Checkpoint Master of Nigerian Police Officers? By Oluwasegun Somefun

Bribery: The Checkpoint Master of Nigerian Police Officers? By Oluwasegun Somefun

 In a country where corruption is the King of culture, what those in the know would call endemic. It is no more shocking news when citizens encounter public undue harassment by law enforcement agencies put in place by a system meant for the well-being of the people. This leaves little to wonder on why bribery is a prevalent manifestation of corruption, when one ponders ... Read More »

Declining Economic Growth: Who is minding the store?

Declining Economic Growth: Who is minding the store?

“Economy shrank by 0.82% in 2012 – NBS”. PUNCH, February 19, 2013, p 27. The National Bureau of Statistics, NBS, one of the most efficient and least appreciated parastatals, in the country today, recently disclosed that “overall growth in real GDP in 2012 was 6.61 per cent, which is a decline from the 7.43 per cent recorded in 2011”. There ... Read More »

WHO TO BLAME? Nigeria is seventh most terrorised country – Global Terrorism Index

Institute for Economic and Peace, a global think-tank, has ranked Nigeria as the seventh country most affected by terrorism in 2011. The organisation’s first Global Terrorism Index meant to measure the impact of terrorism and the associated economic and social dimensions, was published last Tuesday. The index showed Nigeria ranking marginally better than Somalia (the only other sub-Saharan African country ... Read More »

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