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External Debt: FG Deducts N78bn From States Allocations For Servicing

External Debt: FG Deducts N78bn From States Allocations For Servicing   The Federal Government deducted over N78bn from allocations made to the states for external debt servicing. This was according to data from the Federation Account Allocation Committee (FAAC) Disbursement reports published by the National Bureau of...

Fed Govt To Deduct Illegal Mining Fees From States’ Allocations

Fed Govt To Deduct Illegal Mining Fees From States’ Allocations     The Federal Government on Wednesday resolved that henceforth, it would be deducting any illegal fees imposed on mining companies by state governments from the allocation of such states. It has therefore directed the Minister of Finance,...