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COVID-19: Rivers Misses Out As FG Disburses N66.5bn To States

COVID-19: Rivers Misses Out As FG Disburses N66.5bn To States       The Federal Government on Wednesday announced the disbursement of N66.5bn ($175m) to 35 eligible states on the basis of the Amended COVID-19 Responsive 2020 Budget results achievement. According to the government, Rivers State was the only...

FRC Boosts FG’s Revenue With N1.7trn Since 2007

FRC Boosts FG’s Revenue With N1.7trn Since 2007         Since 2007 to date, the Fiscal Responsibility Commission (FRC) caused over N1.7 trillion to be remitted to the Consolidated Revenue Fund (CRF) of the Federal Government To harvest more revenue into the CFR, the FRC is proposing amendments...

FG, States, LGs share N604.004 bn for October, 2020

FG, States, LGs share N604.004 bn for October, 2020. The Federation Accounts Allocation Committee (FAAC), Wednesday at its meeting chaired by the Permanent Secretary, Federal Ministry of Finance, Budget and National Planning, Alh. Aliyu Ahmed shared to the three tiers of government, a total sum...

We’re Not Part Of FG’s Plan To Sell National Assets, Says Senate

We’re Not Part Of FG’s Plan To Sell National Assets, Says Senate         The Senate has said it was not carried along in the planned arrangement by the Federal Government, through its Bureau of Public Enterprises, to either sell or concession some national assets in order...

Despite COVID-19, FG, States, LGs Shared N2.054trn In Q3 – NEITI

Despite COVID-19, FG, States, LGs Shared N2.054trn In Q3 - NEITI         The Federation Account Allocation Committee disbursed a total of N2.05tn to the three tiers of government and other statutory recipients in the third quarter of the year, figures released on Tuesday by the Nigeria...

Price Hike: FG To Back Marketers On Petrol Import

Price Hike: FG To Back Marketers On Petrol Import       The Federal Government is to make the dollar accessible to oil marketers in order to make the importation of petrol into Nigeria competitive and help reduce the commodity’s rising cost. It was learnt on Monday that oil...