EiE Nigeria Weekly Update for Tuesday, October 16, 2012

Money 'saved' on Fuel Subsidy Removal as of October 16th:
     N346.82 billion (approx $2.167 billion)

See Details Here (PDF)

WHAT'S NEW?
• Words on Marble
• 2013 Budget Presentation
• Insecurity
• #SaveNGFlood: Another Committee to the Rescue?
• OPPORTUNITY   

Words on Marble

“This flood is all over the world, Asia, Europe, I know that Nigeria flooding is bad. And when we have such disaster, food is not the problem; do not make food your priority. If you eat once, thank God, I know that none of you would die of hunger here. Before the middle of November, the water would have receded.”

- President Goodluck Jonathan

2013 Budget Presentation

Below is a breakdown of the 2013 budget:

• Power – N74.26 billion
• Education – N426.53 billion
• Health – N279.23 billion
• Defence – N348.91 billion
• Police – N319.65 billion
• Agriculture and Rural Development – N81.41 billion

Download the consolidated summary of the budget proposal here.

Insecurity

• The Kaduna State Commissioner of Police, Olufemi Adenaike, has confirmed that 24 people were killed on Sunday in an attack by gunmen on Dogon Dawa village of Kaduna.
• 14 people were murdered by suspected herdsmen early Wednesday morning in Riyom Local Government Area of Plateau state.
• Three persons were confirmed dead while four others sustained injuries in an attack early Tuesday morning (last week) in Barkin Ladi local government area of Plateau state, north-central Nigeria.

#SaveNGFlood: Another Committee to the Rescue?

President Goodluck Jonathan on Tuesday constituted a 34-man National Committee on Flood Relief and Rehabilitation with the assignment of raising funds in support of Government’s efforts to provide urgent relief for victims of recent floods across the country. The committee will be jointly chaired by Dangote and Mr. Olisa Agbakoba, while Adenuga is designated as the chief fund mobiliser.

OPPORTUNITY

YouWiN Season 2 - The Federal Government has extended the deadline for applications for YouWiN ‘2’ till October 28, 2012
 

Have a great week!
The EiE Nigeria Team

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