Descriptions of Nigeria’s economy often include such phrases as ‘Africa’s largest oil producer’ and ‘the oil rich African nation’ but oil economies are typically characterised by low population densities and abundant oil resources. Saudi Arabia with 10 million barrels of oil per day and 30 million people, Kuwait with 2.7 million barrels of…
20 Whistle Blowers Collect N375.8m From Federal Govt
Nigeria’s Ministry of Finance said the sum of 375.8 million Naira has been paid to the first batch of 20 whistle blowers in relation to the recovery of 11.635 billion Naira. Minister for Finance, Mrs Kemi Adeosun said the payment is the first under the Whistle Blower Policy, and it underscores the commitment of the…