One of the major issues of concern in contemporary budgeting practice revolves around fiscal leakage points. These are holes that exist in the budget, which create an imbalance between the budgeted sum and the actual revenue expended. They constitute a channel of transforming public funds into
The High Court sitting in Jos, the Plateau State capital on Wednesday shuned bail plea by the defendant counsel to Senator Jonah Jang who was charged by the Economic and Financial Crime Commission (EFCC) with a 12 count charge bordering on misappropriation of N6.3billion. The lead counsel to Sen. Jang, Robert Clarke (SAN), said the […]
Following the alleged mismanagent of about N100m by the Vice Chancellor of Olabisi Onabanjo University (OOU), Prof Sabur Adesanya, the joint action committee (JAC) of three unions in the University on Tuesday advised a section of the institution’s ALUMNI association to leave the Vice Chancellor alone and wait for the outcome of a pending court […]