FG Begins N2.7tn Subsidy Debt Probe The Federal Government has begun the proposed audit of the N2.7tn fuel subsidy claim by the Nigerian National Petroleum Company Limited (NNPCL). An audit firm, KPMG had conducted an initial audit reducing the claims from N6tn to N2.7tn. However, in the...

FAAC: FG, States, LGs Share N1.2trn for April A total sum of N1,208.081 billion April 2024 Federation Account Revenue has been shared to the Federal Government, States and Local Government Councils in the country. The revenue was shared at the May 2024 meeting of the Federation...

FAAC: FG, States, LGs Shared N1.1trn in March   The Federation Account Allocation Committee (FAAC) has shared a total sum of N1123.391 billion as March 2024 federation account revenue to the federal government, states and local government councils. The balance in the Excess Crude Account (ECA) was...

FG Suspends Third-party Agents From NIN Registration The National Identity Management Commission has temporarily suspended Front-End Partners from engaging in the National Identification Number enrolments. This is because the commission is currently carrying out a revalidation exercise of these third-party registration centres. The Director General, NIMC, Abisoye...

FG Plans New Vehicle Safety Policy to Avoid Road Accidents The Federal Government has revealed plans to introduce a new policy in the transport sector in order to enhance full compliance in the use of vehicle safety kits by motorists. The Minister of Transportation, Saidu Alkali,...

FG Begins Probe as TCN Disconnects Ajaokuta Over N33bn Electricity Debt The Federal Government on Thursday said it would investigate how the non-functioning Ajaokuta Steel Company Limited accrued N33bn in electricity debt which prompted the Transmission Company of Nigeria to disconnect the company from the...