Nigeria Records N2.24tn Tax Revenue Gap
By Babatunji Wusu Nigeria recorded a N2.24 trillion tax revenue shortfall in the first quarter of 2026 as ongoing fiscal reforms and the transition from the Federal Inland Revenue…
FEDERAL, STATE, AND LOCAL GOVERNMENTS (LGAS) WILL RECEIVE AN ADDITIONAL N10 BILLION WHEN FAAC ALLOCATES N1.15 TRILLION FOR FEBRUARY 2024
Babatunji Wusu – For the month of February 2024, the amount that the three levels of government received from the Federation Account Allocation Committee (FAAC) increased by N10 billion. During…
FAAC: October 2022 allocation of N736.782 billion for the FG, states, and LGs given.
The Federal, States, and Local Governments have received a total of N736.782 billion in October 2022 Federation Account Revenue from the Federation Account Allocation Committee (FAAC). This information can be…
Money Printing: Obaseki’s Claim Didn’t Reflect True Position, Says APC Governors
The Progressive Governors’ Forum (PGF), a group of governors elected on the platform of the All Progressives Congress (APC), has refuted a claim that the federal government printed N60 billion…
Obaseki Urges FG To Stop Monitory Rascality, Insisted N60bn Was Printed
Edo Governor Godwin Obaseki has faulted the Minister of Finance, Budget, and National Planning, Zainab Ahmed, for denying that the Federal Government printed N60 billion in March to support allocation…
Obaseki: FG Debunks Printing Of N60bn To Support March Allocation
The Federal Government has denied it printed N60bn to augument March allocation to States as alleged by Edo Governor Godwin Obaseki. It described the allegation by Obaseki as untrue and…
NDDC: N946. 91b Received Allocation In 18 Years
By Olamilekan Alani THE Niger Delta Development Commission (NDDC) received a whopping N946. 91 billion as budgetary allocation in 18 years. The sum is part of the N9.43 trillion allocated…
Governors To Deliberates Over Incessant Rape, NCDC Bill
Nigeria Governors’ Forum (NGF) scheduled to meet on Wednesday over the alarming rate of rape and other forms of sexual violence, among other critical issues in the country. The Head…
FG To Begin Deduction Of N614bn Bailout Funds To States
Biodun Bidemi The Federal Government will, from September, begin deduction of the N614 billion bailout funds it gave to states for payment of salaries of workers in 2016. The Minister…
FAAC Disburses N270.17bn To FG In January – NBS
The Federation Account Allocation Committee (FAAC), disbursed the sum of N270.17 billion to the Federal Government in January, 2019, the National Bureau of Statistics (NBS) has disclosed. The NBS said…
