SFTAS: FG Disburses N43bn To 24 States     The Federal Government has disbursed the sum of N43,416,000,000.00 ($120.6 million) to 24 states of the federation through performance-based grants under the World Bank-Assisted States Fiscal Transparency, Accountability and Sustainability (SFTAS) Programme-for-Results. The Minister of Finance, Budget and National...

FG Spent N43bn To Subsidise Petrol In January     The Federal Government, through the Nigerian National Petroleum Corporation, NNPC, paid N43.09 billion as subsidy on Premium Motor Spirit, PMS, also known as petrol, in the month of February 2020, according to data obtained from the Petroleum...

As Electricity Supply Improves, Manufacturers Spend N43bn On Alternative Energy Source With electricity supply, particularly from the distribution companies remaining at an average of nine hours a day in the first half (H1) of 2018, local manufacturers’ expenditure on alternative energy source stood at N43.19...

FMBN, Presidential Panel Collaborate To Recover N43bn From Debtors   The Federal Mortgage Bank of Nigeria has entered into partnership with the Special Presidential Investigation Panel for the Recovery of Pubic Property to recoup N43bn from the bank’s debtors within the next 18 months. According to FMBN’s...

N43bn Recorded As Short As FG, states, LGs Get FAAC Allocation   The Federation Account Allocation Committee on Thursday night distributed N698.71bn to the three tiers of government as September allocation. The amount represents a decline of N43.13bn over the N741.84bn shared in August. The amount was shared...