PID
Firm cautions Nigerian government over sale of national assets
Agusto Consulting has cautioned the federal government over its plan to relinquish national assets to private hands, saying, the risk involved is unquantifiable. Agusto Consulting, in a report titled “Rethinking Nigeria’s Models for Infrastructure Development,” noted that, the benefits of relinquishing control to the private sector are glaring, but remain difficult to implement. Noting that the federal government’s handing off certain critical assets of the country that have been dormant over the years will positively impact on the country’s budgetary allocation, but added that this decision has caveats and risks associated with operating models that involve private sector participation regardless of the levels of participation. “First is the high level of corruption in the country and the...
AGF: Why I’ll not testify before Justice Salami panel
The Attorney-General of the Federation and Minister of Justice, Abubakar Malami, SAN, on Thursday, gave reasons why he would not appear as a witness in the ongoing probe of the suspended Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Magu, by the Justice Ayo Salami-led panel of inquiry. In a statement that was signed by his media aide, Dr. Jibrilu Gwandu, the AGF, maintained that his refusal to testify before the panel was “purely constitutional and not based on any ulterior motive”. Malami contended that as an AGF, his appearance or otherwise as a witness in any investigation should be a constitutional matter. “In establishing propriety or otherwise of the presence of the Attorney-General of the Federation and Minister of Justice whose responsibility is...
