By Oma Djebah The root of the current political debate-as to the appropriate designation of the acting President, Prof Yemi Osinbajo- arising from President Muhammadu Buhari’s trip to the UK on Medical grounds- lies much more on lack of communication or censored information on the part of the President’s team than any other factor else.…
Key Take-aways: Recurrent Expenditure - N2.99trn Capital Expenditure - 2.18trn Fiscal Deficit - N2.36trn Statutory Transfer - N434bn Crude oil Benchmark - $42.50 Daily Oil Production - 2.2mbd Exchange Rate - 305/$ Following the passage of the 2017 Appropriation Bill by the National Assembly Thursday, The New Diplomat had learnt that government's recurrent spendings will…
Since last week, the National Intelligence Agency (NIA), the foreign intelligence arm of our nation’s intelligence network, has been in the news for the most annoying, baffling and wrong reasons. The shocking discovery of $43m( about N13bn) by the Economic and Financial Crimes Commission (EFFC) in a plush Osborne Ikoyi flat, allegedly hidden by the…
1. Today – 1st October is a day of celebration for us Nigerians. On this day, 56 years ago our people achieved the most important of all human desires – freedom and independence. We should all therefore give thanks and pray for our founding fathers without whose efforts and toil we would not reap the…
 Parliament in Brazil has voted to start impeachment proceedings against President Dilma Rousseff over charges of manipulating government accounts, BBC reports. The "yes" camp comfortably won the required two-thirds majority in the vote in the lower house in Brasilia. The motion will now go to the upper house, the Senate, which is expected to…
By Philip Agbese International broadcaster, CNN certainly wowed its global audience with the video it exclusively obtained of Nigeria’s abducted schoolgirls that were abducted my Boko Haram terrorists on April 14, 2014 to the consternation of the entire world. As would be expected in any situation where one has expended resources to acquire such valuable…
 Professor Itsejuwa Esanjumi Sagay, SAN, is an eminent law scholar and intrepid human rights activist of long standing. Born in Warri to Itsekiri parents, he attended Government College, Ughelli, from September 1954 to December 1959. He worked briefly as a Customs Clerk and later as Programme Operator with then Nigerian Broadcasting Corporation (NBC)…
As the Nigerian government struggles to raise more money to cushion the impact of a crashing oil price, a federal regulator has confirmed how billions of naira that should have been paid to state coffers as internally generated revenues were hidden or diverted by government agencies. Leading the pack of offenders, the Fiscal Responsibility Commission…