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Ondo, Kogi, Rivers lead as Inflation Rises to 22.41% – NBS

Ondo, Kogi, Rivers lead as Inflation Rises to 22.41% - NBS   The National Bureau of Statistics (NBS) says the average prices of goods rose the highest year-on-year in Ondo, Kogi, and Rivers states. This is as inflation in the country rose to 22.41 per cent in...

Akwa Ibom, Rivers, Delta Lead As States Share N9.3trn In Three Years

Akwa Ibom, Rivers, Delta Lead As States Share N9.3trn In Three Years   The 36 states in Nigeria shared a total of about N9.3tn as federal allocation between June 2019 and December 2022, a period of 43 months, which formed the bulk of the second tenure...

Tax: Lagos, Rivers, Others Make N2.33trn From PAYE In Three Years

Tax: Lagos, Rivers, Others Make N2.33trn From PAYE In Three Years     The 36 states in Nigeria and the Federal Capital Territory earned N2.33tn from Pay As You Earn in three years, according to data collated from the National Bureau of Statistics. According to the NBS, PAYE...

Report Says, Only Lagos, Rivers, Anambra Can Survive On IGR, VAT

Report Says, Only Lagos, Rivers, Anambra Can Survive On IGR, VAT           Only three states in Nigeria can survive without support from the Federal Government. This was disclosed in BudgIT’s report ‘State of States, 2021 edition: Fiscal Options for Building Back Better’ released on Tuesday. According to BudgIT,...

Rise In Oil Price Continues, Inches Closer To $75pb

Rise In Oil Price Continues, Inches Closer To $75pb     The price of crude oil crept higher yesterday, almost hitting the $75 per barrel mark as industry data pointed to a substantial decline in United States crude stockpiles coupled with rising fuel sales in India as...

Buhari Warns Against Delay As NLNG Train 7 $10bn Investment Begins

Buhari Warns Against Delay As NLNG Train 7 $10bn Investment Begins       President Muhammadu Buhari has inaugurated the construction of the Nigeria Liquefied Natural Gas train 7 project and charged the company to ensure its timely completion. Buhari who did the ground breaking virtually from Abuja said...