We reported on Tuesday that according to a press release by Femi Adesina, the presidential adviser on media and publicity, President Muhammadu Buhari will formally launch his administration’s economic recovery and growth plan, ERGP, on Wednesday in Abuja. The plan is part of efforts by the Buhari-led federal government to sustain and build on the successes so far recorded in tackling corruption, improving security and revamping the economy. The medium-term ERGP, which had earlier been approved by the Executive Council of the Federation, has amongst its broad strategic objectives, restoring sustainable, accelerated inclusive growth and development; investing in the people; and building a globally competitive economy. Following the Strategic Implementation Plan, SIP, formulated for the short-term objective of executing the 2016 ‘Budget of Change’, the government recently unveiled the comprehensive ERGP to pursue the medium to long -term objectives of realising certain ...
Femi Falana, a Nigerian lawyer, has again questioned the management of Nigeria’s foreign reserves by the Central Bank of Nigeria (CBN) under the leadership of Chukwuma Soludo. Mr. Falana had petitioned the Economic and Financial Crimes Commission (EFCC) on allegations of criminal diversion of public funds from the Federation Account and the nation’s Foreign Reserves. He also accused the CBN under Mr. Soludo of illegally transferring $7 billion to 14 commercial banks in 2006, an allegation the former CBN chief denied and described as laughable. In denying the allegation, Mr. Soludo said Mr. Falana’s outburst was based on ignorance of how the bank was run. The former CBN chief also demanded an apology. But in another statement Wednesday, Mr. Falana said the statement issued by the CBN management on the subject matter buttressed his point. “For the avoidance of doubt, I wish to reiterate that it was the management of the CBN which claimed to have given out its own “shar...
Paris cops believe Kim Kardashian's robbery could be an inside job. Read the TMZ report below... Sources involved in the case tell us ... police and the Kardashian family don't believe it was a coincidence that Kim was bodyguard-less at the time the robbers showed up and somehow made their way into her apartment ... they think the robbers were tipped off it was the right time to strike. There was a very small window when the robbers had easy access. Kim had friends over until shortly before the incident went down. Kim's bodyguard was always by her side -- to the point Kim joked that it got annoying -- except for the few hours he left to protect Kourtney and Kendall in a nearby nightclub. The Kardashians are in no way suggesting the bodyguard was in on it ... in fact, they say they know he wasn't. But they are convinced someone tipped off the robbers to strike at precisely the moment they could get in and out without detection. As we reported ... robbers confro...
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