President Muhammadu Buhari has ordered the National Planning Commission (NPC) to produce a framework for a 2016 national budget that will reduce recurrent expenditure and prioritize developmental projects. Buhari gave the directive on Monday after the executive secretary of the commission, Bassey Akpanyung, briefed him on the NPC’s state of affairs. In a statement by the... Read More

December 2, 2012

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Simon Kolawole: Beyond sacking civil servants

…we cannot be building a new Presidential Banquet Hall at over N2 billion and be complaining about “no money”. A few years back when I was in the UK, my wife wanted to do a course. She needed a waiver on council tax, as a student. We went to the council office. An officer attended... Read More

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December 1, 2012

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“Sacking me won’t change anything” – Sanusi fires back at critics (WATCH)

by Akan Ido The bickering generated over the comments attributed to the governor of the Central Bank of Nigeria (CBN) “The CBN governor is not in a popularity contest, my job is to give a frank and honest opinion as to where I think the economy will go… sacking me won’t change anything,” he said.... Read More

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November 28, 2012

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“Stop irresponsible spending” – Sanusi tells FG to sack 50 per cent of civil servants, remove fuel subsidy

by Isi Esene Sanusi Lamido Sanusi, governor of the Central Bank of Nigeria (CBN), yesterday called on the Federal Government to slash 50 per cent of the entire civil service workforce. He lamented that 70 per cent of the nation’s earnings go to the payment of salaries and entitlements of civil servants. Sanusi said this... Read More

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Thrifty Buhari wants to cut back on recurrent spending

Simon Kolawole: Beyond sacking civil servants

“Sacking me won’t change anything” – Sanusi fires back at critics (WATCH)

“Stop irresponsible spending” – Sanusi tells FG to sack 50 per cent of civil servants, remove fuel subsidy

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