By Joshua Olufemi and Richard Akinwumi At least N11.55 trillion or $ 84.52 billion expected revenue into the coffers of the nation’s Excess Crude Account for the eight-year period from 2007 to 2014 are unaccounted for, according to findings by PREMIUM TIMES based on now available data from multiple government agencies not made public until […]
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Photo: President Muhammadu Buhari in his office. By Bassey Udo A part of the presidential palliative approved on Monday as intervention package to help bankrupt states pay outstanding workers’ salaries came from the $ 2.1 billion dividend paid to the Federation Account by the Nigeria Liquefied Natural Gas Company (NLNG). At the end of the […]
May 1, 2015 Source: U.S. Energy Information Administration, based on Alaska Department of Revenue’s Note: Dividend values reflect calendar year, and permanent fund values reflect fiscal year. The Alaska Permanent Fund, established using revenues paid to the state by oil and natural gas producers, provides Alaska residents with an annual cash dividend, which is unique […]
analysis By Louise Redvers Sovereign wealth funds smell of success, but are they right for countries with high-spending demands? Sovereign wealth funds (SWFs) seem to be the new must-have accessory for African governments – especially those with freshly discovered oil and gas reserves. Related Topics Africa Africa: African Champs Ivory Coast Draw Ghana… Africa: Africa, […]
Source: Vanguard NGR
