Reps Probe N100bn Underpayment By NNPC   The House of Representatives has ordered an investigation into the alleged underpayment of over N100bn to the Federation Account by the Nigerian National Petroleum Corporation. On account of the non-remittance from crude oil sale proceeds, the monthly Federation Account Allocation...

Auditors To Get N8.7bn For Recovering N58bn Into Federation Account   Auditors who helped to recover N58bn into the Federation Account are to receive N8.7bn for their efforts, investigation has revealed. The amount represents 15 per cent of the recovery, which the auditors helped the government to...

Annual States Viability Index ASVI: 36 States Generate N931bn IGR Against N3.3trn from Federation Account … Lagos Generates More IGR than 30 States Combined …. Economic Viable States: Lagos, Ogun, Rivers, Edo, Kwara, Enugu, Kano and Delta States … Poor IGR States: Bauchi, Yobe, Borno, Kebbi...

NEITI - $16.8b NLNG Dividends Not Remitted To Federation Account   The Nigeria Extractive Industries Transparency Initiative (NEITI) Executive Secretary, Dr. Waziri Adio, yesterday insisted that the Nigerian Liquified Natural Gas (NLNG’s) $16.8billion accruable dividend between 2000 to 2015 was not remitted to the Federation Account. Describing...

FG, States, LGs Share N647.39bn For February 2018     Workers at the three tiers of Government are to receive their salaries for this month before the Easter break as the Federal, State and Local Governments shared the sum of N647.39 billion from the Federation Account. The money...

Bumper Federal Account Allocations: FG, States, LGcs Share N5.9tr in 2017 FG, N2.5tr, States N3.3tr Lagos Got N201bn, Akwa-Ibom N197bn, … Gombe and Ebonyi N57bn each A new report by the Economic Confidential has disclosed that the Federal Government, 36 states and the 774 local government councils...