Economy: Federal Govt as Unrepentant Saboteur By Henry Boyo THE above title and following excerpts are from the Guardian Newspaper editorial of 31st July, 2017. Please read on. This newspaper hereby reaffirms its position earlier, canvassed in its editorial of 18/7/2017 titled “Economy: Lend To Rather Than...

Annual State Viability Index: 36 States Generate N801bn of IGR Against N2.6trn from Federation Account Lagos Generates More IGR than 30 States Combined … Economic Viable States: Lagos, Ogun, Rivers, Edo, Kwara and Delta States Poor IGR States: Borno, Ebonyi, Kebbi, Jigawa The Economic Confidential, the award winning...

FAAC Table: The Sharing of N496bn to FG, States, LGCs in April 2017 The Federation Account Allocation Committee (FAAC) shared a total sum of N496bn at its monthly meeting held in April 2017. In a document obtained by the Economic Confidential, the economic intelligence magazine, the...

Windfall Amidst Recession: States, LGs Share N2.6tr in 2016 Lagos Got N178bn, Akwa-Ibom N150bn, … Gombe and Ebonyi N46bn each A new report has disclosed that the 36 states and the 774 local government councils in Nigeria shared a total sum of N2.6 trillion from the...

Determined to find a way to augment the shortfall in revenues accruing to them from the Federation Account, some states gathered in Enugu and considered creative ways to boost their revenue base. The states, namely Enugu, Rivers, Delta and Lagos as well as the FCT,...

... Debts on Bail-Out, AMCON, Foreign Loans, Bonds, Commercial Agric ... Osun, Bayelsa, 4 other States in Critical conditions The Federal Government has deducted a total sum of N32bn from allocations of states from the Federation Account in the month of April 2016 for different loans...