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Nigeria’s sub-nationals may be trapped in money illusion, a deceptive comfort provided by rising allocations given to chief executives who increase their spending without caution for the decaying effect of rising inflation and the shrinking value of the naira on their allocation.
The post Money illusion fuels fiscal crisis as states’ debts, deficits soar appeared first on The Guardian Nigeria News – Nigeria and World News.
Ahead of the July 24 National Executive Committee meeting of the All Progressives Congress to take…
The post APC Chairmanship: Yahaya Bello’s Posters Flood FCT appeared first on The Bureau Newspaper.
The Nigerian Correctional Service has started investigation into the circumstances surrounding the movement of a robbery…
The post SCANDAL: Convicted Inmate Caught Processing Passport, Visa In Lagos appeared first on The Bureau Newspaper.
Following the devastating windstorm that recently wreaked havoc in Zogirma village in Bunza Local Government Area…
The post Gov. Idris Sympathizes With Victims of Zogirma windstorm, Donates #50 Million appeared first on The Bureau Newspaper.