Nigeria’s loss of N557bn to contract inflation

October 7, 2021 Blueprint 0

The revelation by Paradigm Leadership Support Initiative (PLSI) last week that the federal government has lost N557 billion between 2013 and 2017 to infractions relating to award of contracts, unremitted advances to staff, contract inflation, among others, is not only deplorable but is also condemnable. The lead Researcher, Mr Osonuga Adedeji, made the revelation during PLSI’s 5th anniversary and launch of Read More

FG should engage only in responsible borrowing – Odeyemi

September 17, 2021 Blueprint 0

Adebayo Solomon Odeyemi is the vice-president of CITITRUST ADVISORY LIMITED. In this interview with BENJAMIN UMUTEME, he says rather than rake up debts, the government should engage in responsible borrowing. He also speaks on other economic issues. How is the money market playing out especially with the business climate as it is at the moment? Presently, the business environment is Read More

FG should engage in responsible borrowing – Odeyemi

September 2, 2021 Blueprint 0

Adebayo Solomon Odeyemi is the Vice President of CITITRUST ADVISORY LIMITED. In this interview with BENJAMIN UMUTEME, he said that rather than rake up debt, the government should engage in responsible borrowing. He talked on other issues in the economy. Excerpts! How is the money market playing out especially with the business climate as it is at the moment? Presently, Read More

Your administration a failure – PDP replies Buhari

August 20, 2021 Abdulrahman Zakariyau 0

The Peoples Democratic Party (PDP) has described the President Muhammadu Buhari All Progressives Congress (APC) led administration has a failure.  President Buhari on Thursday in Abuja during a meeting with service chiefs assured that he won’t leave office as a failure. PDP in a statement by its National Publicity Secretary, Kola Ologbondiyan, Friday described the statement by President Buhari as Read More

N4.973trn balances in 2019 Audit Report unsubstantiated – AGF

August 18, 2021 Taiye Odewale 0

Auditor General of the Federation Adolphus Aghughu has said unsubstantiated balances amounting to N4.973 trillion was observed by his office in the audit carried out on consolidated financial statement of the federal government of Nigeria in 2019. He also lamented that his office is incapacitated in so many ways from functioning effectively and efficiently in detecting mismanagement of public funds by the Read More