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NNPC’s Brass LNG Project: Anatomy Of Organized Sabotage? -By Ifeanyi Izeze

To say that the Brass Liquefied Natural Gas (LNG) Project has been streamed with too many tentativeness is an understatement. Tailing the politics of the Brass project since2004 when the company was incorporated; it could be convincingly said that the joint venture partners including the Nigerian National Petroleum Corporation (NNPC) are playing tricks with the […]

  ‘There is no one giant step that does it. It’s a lot of little steps’. – Peter A. Cohen ‘A mighty flame followeth a tiny spark’. – Dante Not too long ago, one of the world’s richest men was in Nigeria. His name is Bill Gates. He took time to lecture us on our […]

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Fixed Asset Management (FAM) In The Public Sector -By Marie Obiora

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  In 2016, the Public Sector in Nigeria was encouraged to prepare their accounts based on IPSAS Accruals. Previously, accounts were prepared using the Cash basis of accounting, one of the major differences between Accruals and Cash basis of accounting is the recognition of Non-current Assets (Fixed Assets) in the statement of Financial Position (Balance […]

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SME Financing; a Practical Approach -By Marie Obiora

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  SME’s are the building blocks of an economy and advanced economies have many thriving SME’s. In developing economies such as we have in Nigeria, the small businesses are really small. They are one man entrepreneurs and even though some of them have been in business for more than ten years or for more than […]

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NNPC: Buhari’s Men And Ignorance Of The Downstream -By Ifeanyi Izeze

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Ordinarily it would have been better to ignore the statement credited to a group that called itself the Buhari Media Organisation (BMO), a metamorph of the 2015 Buhari Media Support Group (BMSG) but for the expressed ignorance of the Buhari Administration masquerading as BMO. How else can anybody describe the group’s criticism of the proposal […]

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Salary Increment Or Stronger Naira -By Marie Obiora

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  When I go to the market with a list in one hand and money in the other, I discover that somewhere along the line the money has run out but I still have a few unpurchased items on my list. This has been going on for many months and I am certain that I’m […]

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Strengthening The Naira -By Marie Obiora

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  It is common knowledge that the naira has reduced significantly in value since the sharp drop in the value of crude oil. The naira is Nigeria’s currency and Nigeria relies on the sale of crude oil as its major source of revenue. A lot has been said on how the value of the Naira […]

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Spending Without Appropriation -By Eze Onyekpere

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The recent revelation that President Muhamadu Buhari authorised the release of the sum of $496 million from the Excess Crude Account (“ECA”), without legislative approval, for the purchase of Tucano aircrafts is trending. The president merely got the approval of the governors through the National Economic Council for the withdrawal from the ECA, considering that […]

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Nigeria: A Vanishing Economy -By Edebi Onatufe

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  “Last year, the World Bank ranked Nigeria among the top 10 reforming economies in the world. This was clearly in recognition of the thorough and rigorous growth and development-oriented economic policies of the Buhari Administration.” – Garba Shehu, Senior Special Assistant to the President (Media and Publicity) This shouldn’t in anyway be considered a […]

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Russian Products Can Help Nigeria in its Rejuvenation of Agricultural Sector -By Oluwafemi Arowoshola

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Nigeria like many countries in Africa built her initial economic strength from tilling the land, feeding from its returns and selling a bulk of it to the rest of the world. At this point, an essential portion of the nation’s income was gotten from cocoa, palm oil, wool, cotton, wood logs, groundnut oil, cassava, rubber. […]

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