Thursday, August 02, 2012 / FDC

Many have asked – ‘why is it that the 2012 budget had become a source of acrimony between the legislators and the presidency’?  Is it because of patriotism or self interest?  We are of the view that a budget is, apart from being an estimate of expenditure and revenue, is more of a tool of economic management to stimulate growth and maintain financial stability.
 

At this month’s LBS breakfast, Bismarck Rewane of FDC attempts to evaluate the 2012 budget based on accomplishments rather than money spent - The quality of expenditure rather than the quantity disbursed. 
 

The FDC analysts think that this debate is healthy as it increases the accountability in Government and elevates the quality of National discourse.
 

This is a special 2-Part edition, the first, deals with the News and Views in July 2012, and the second is a Macroeconomic and Business Outlook for the last half of 2012.
 

Please relax and enjoy this indepth and easy to read analysis of the Nigerian Economy. 
 

Download Reports Here:
1.    LBS presentation on News and Views in July 2012
2.    Macroeconomic and Business Outlook for the last half of 2012

Disclaimer/Advice to Readers:
While the website is checked for accuracy, we are not liable for any incorrect information included. The details of this publication should not be construed as an investment advice by the author/analyst or the publishers/Proshare. Proshare Limited, its employees and analysts accept no liability for any loss arising from the use of this information. All opinions on this page/site constitute the authors best estimate judgement as of this date and are subject to change without notice. Investors should see the content of this page as one of the factors to consider in making their investment decision. We recommend that you make enquiries based on your own circumstances and, if necessary, take professional advice before entering into transactions. This article is published with the consent of the author(s) for circulation to the online investment community in accordance with the terms of usage. Further enquiries should be directed to the author whose e-mail is Financial Derivatives Company Limited [Email: mercy_ogah@fdc-ng.com or Kathryn.stoneman@gmail.com] and Telephone No.:  7739831, 2715414, 7739889.