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Nigerian Journalist, Omoh Gabriel has looked into the budget crisis of President Muhammadu Buhari which has being trailed by massive furor in recent times. Muhammadu Buhari presenting the budget before the national assembly   Zero budgeting cannot be responsible for budget padding. It cannot be the reason for rats smuggling foreign provisions into the budget. It can not be the reason for double entry in allocation to ministries, departments and agencies of government. Those who prepare the budget have been around for many years. The Director-General, Budget Office of the Federation Dr. Bright Okogu holds a PhD in Economics from the famous University of Oxford London in 1987. He is not a stranger to budgeting process and figures. It is unheard of in the history of Nigeria’s budget circle and very shameful for the image of this administration that a serving minister will publicly disown the provisions made for his ministry. In the growing controversies dogging President Muhammadu Buh...

Controversies over the 2016 National Budget may have just begun, with a fresh N3.9 billion injected into the second version of the budget presented by Ita Enang, special adviser to President Muhammadu Buhari on National Assembly matters (Senate) according to the Senate. On December 22, 2015, the president had presented the appropriation bill before a joint session of the national assembly, and was well received as an expansionary budget aimed at stimulating the economy. On Tuesday, it was discovered that the budget was missing at the senate, and there have been speculations that it was withdrawn for correction. Senate President, Bukola Saraki met Buhari immediately after the senate plenary session, and thereafter dismissed the reports, saying the budget was with them. The presidency said hundreds of copies of the budget were presented to the national assembly and all could not possibly be missing. TheCable obtained both copies of the budget and highlighted the disparities between the t...

The controversy surrounding the missing 2016 National Budget of the President Muhammadu Buhari-led administration, has taken a new turn with two separate copies coming into the picture and the person that allegedly committed the act revealed. According to an exclusive report on Premium Times, the Nigerian Senate has accused ‎the Senior Special Assistant to President Muhammadu Buhari on Senate, Ita Enang, of changing the contents of the 2016 appropriation bill before making the document available to the lawmakers. It was learnt that the Senators at its plenary on Thursday, revealed that Ita Enang changed the contents of the original document as presented by President Buhari before a joint session of the National Assembly last December. The Senate President, Bukola Saraki, disclosed this at the end of an executive closed session with the committe who investigated the missing budget that lasted over two hours. "What he distributed is different from what was presented by Mr. President...

President Muhammadu Buhari on Tuesday in Abuja said that his administration will look inwards, enforce regulations to stop financial leakages and adopt global best practices in generating more revenue to mitigate the effect of dwindling oil prices on the Nigerian economy. The president said this while receiving the Managing Director of the International Monetary Fund (IMF), Ms Christine Lagarde at the Presidential Villa. He said that his administration will also enforce greater discipline, probity and accountability in all  revenue generating agencies of the Federal Government. The presidential spokesperson, Femi Adesina, quoted Mr. Buhari as telling Ms. Lagarde that:  “We have just come out of budget discussions after many weeks of taking into consideration the many needs of the country, and the down turn of the economy with falling oil prices and the negative economic forecasts,” “We are working very hard and with the budget as our way forward, we will do our best to ensure ...

New marketing strategies will focus mainly on quality of your content and easiness of its comprehension.  Mobile, video, and other marketing tactics that have been on the rise for years aren't really "trends" anymore. So, how many more trend articles do marketers have to read through that really just tell us what we already know? Now, just because they're not current trends doesn't make them unimportant. Optimizing for mobile and including high-quality visual content and video in your strategy are still good practices. But to keep yourself and your company ahead of the competition, you need to analyze what's happening now, review your strategy from different perspectives, and prepare for what's to come. 1. Writing skills and experience will be critical. When the industry started shifting from print to digital, there was fear among English and journalism students that their craft was dying and no one with a degree in those fields would have jobs. And now wi...

Emerging markets can sometimes spook entrepreneurs. China’s economic slowdown, anemic performances in Brazil, Nigeria and South Africa and this deteriorating socio-political situation in Turkey have prompted would-be business leaders to reconsider whether the opportunities there are worth the risks. But as these noteworthy markets have faltered, lesser-known ones offer comparatively stable economies. Here are three promising countries that offer entrepreneurs inviting business climates and rich opportunities: 1. Philippines The Philippines has strategically positioned itself as an investment alternative to China. Foreign direct investment to this Southeast Asian archipelago doubled in 2014, and its economy grew by 5.6 percent in the second quarter of this year. China’s economy lagged to just 7.4 percent growth last year, giving the Philippines the opportunity to win business away from the superpower. Entrepreneurs will find a growing market, low startup and manufacturing costs and favo...