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States Set to Eliminate Electricity Subsidy

States Set to Eliminate Electricity Subsidy State governments are getting set to eliminate electricity subsidies in their territories as more states gear up to join others in running their different power markets under their own laws. In a document put together by the Nigeria Governors’ Forum,...

Naira devaluation Fuelling Food Export Other West African Countries – NGF

Naira devaluation Fuelling Food Export Other West African Countries – NGF The Nigeria Governors Forum has said governors are implementing diverse strategies and measures aimed at resolving the ongoing economic challenges and food crises in their respective domains. The NGF also said the devaluation of the...

W/Bank Pledges $72m For States’ Land Administration Records

W/Bank Pledges $72m For States’ Land Administration Records       The World Bank has expressed willingness to give each state of the federation a grant of two million dollars to enable them to update their property records. This, however, is based on the condition that benefiting states capture...

Governors resolve to pay backlog of salaries

The 36 governors last night resolved to offset the backlog of salaries and pension arrears owed civil servants in the country as soon as the next tranche of payment from the Paris-London Club loan refunds are made. This decision was arrived at in Abuja at...

Still On N500bn Paris Club Refund

In line with the federal government’s mission to reflate economic activities in the country, the Federal Government had earlier disbursed a special intervention fund totaling N338 billion to 27 states in the country which was a step taken to enable states pay workers’ salaries...

Implications of Paris-Club Loan Refund

Nigerians are worried over lack of frugality and sense of imprudence demonstrated by a good number of the state governors in utilization of the Paris-Club loan refund. Analysts have described the controversy as affront and therefore, called upon President Muhammadu Buhari to issue a...