FAAC: Federal, States, LGs Share N4.37trn In Six Months - NEITI The three tiers of government – the Federal, States and Local Government Councils, LGs, shared a total of N4.37 trillion from the Federation Account as statutory revenue allocations between January and June 2023. This is...

N8,000-per-family policy: Why World Bank proposal is bad for Nigeria, By Tope Fasua   As I type this, many Nigerians – especially the more comfortable, social media savvy ones – are freaking out over the plan of the Federal Government to pay N8,000 monthly to 12...

Subsidy Removal: FG Saves N400bn in One Month The Federal Government has so far saved about N400bn as a result of the removal of subsidy on Premium Motor Spirit, popularly called petrol, since May 31, 2023, when the initiative was officially implemented, oil marketers stated...

FAAC: FG, States, LGAs share N786bn in May   The Federation Account Allocation Committee (FAAC) says it shared N786.16bn among the three tiers of government in May 2023. The figure represents an increase of N130.23bn compared to the N655.93bn shared in April 2023, and it is the...

FAAC: FG, Others Share N2.84trn In Four Months   The Federal Government (FG), 36 states and 774 local governments (LG) in Nigeria shared N2.84 trillion as statutory allocation from the Federation Account Allocation Committee, FAAC, in the first four months of this year (January to April). This...

JUST IN: FG, NLC Set to Meet Over Subsidy Removal   Federal Government representatives are expected to meet with the Nigeria Labour Congress (NLC) on Wednesday by 2pm over the planned removal of fuel subsidy. NLC President, Joe Ajaero, made the disclosure during an interview with channels...