Concerns Over Nigeria’s State Of Economy

Concerns over the Nigerian economy continue to escalate due to Nigeria’s dwindling foreign and crude oil reserves. Recent statistics on Nigeria’s external reserve show a massive depreciation of about $15million from the $39.62 billion recorded in August this year to $39.47 billion that was recorded in October. Similarly, the country’s Excess Crude Account is currently below $ 2 billion.  $2.7 billion alone was withdrawn in…

States Set To Ratify Constitutional Amendments

The National Assembly has now transmitted its proposals for the amendment to the Constitution to the 36 states for ratification. At the ceremony conducted by the National Assembly on 28 October, 2014 the President of the Senate and the Speaker of the House of Representatives handed over to the Speakers of the 36 states, the fourth alteration Bill. The Bill which covers more than 53…