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Rising Debts: Oil-Producing States Borrow N1.3tn Amid N6.4tn Windfall – DMO

The total debts of 10 oil-producing states rose from N2.04tn in December 2015 to N3.35tn as of June 2022, according to sub...

Derivation: Nigerian Govt Gives Details Of Payments Made To Oil Producing States

The Federal Government has released details of the oil derivation refunds from 1999 made to Niger Delta states amidst a growing controversy...

Fiscal Challenges: States In Nigeria Groan Under Heavy Debt, Declining Revenue Allocation

The decrease in allocation to these levels of government reveals the fiscal challenges facing various levels of government in Africa’s biggesteconomy.

Petrol Subsidy: FG, States Set For Showdown Over Planned n950bn FAAC...

The Federal Government and the 36 states are set for a showdown over the planned deduction of N950bn from the allocation due...

Covid-19: States Revive Isolation Centres As Cases Soar

In a related development, state governments have intensified preparations of isolation centres in readiness for possible admission of COVID-19 patients as cases...

Economic Growth: Osinbajo Tasks States To Raise IGR, Think Like Sovereign...

Vice President Yemi Osinbajo on Thursday tasked states to think out of the box in raising their respective Internally Generated Revenues.

Nigeria’S Education Sector: States, Not FG Should Be Blamed For Woes...

Vice President Yemi Osinbajo has said most of the problems associated with Nigeria’s education sector are responsibilities of state governments, stressing that...
Zainab Ahmed, Finance Minister, Budget And National Planning

Stimulating Local Economies: FG To Borrow $750M From World Bank On...

The federal government is planning to borrow $750 million on behalf of state to stimulate local economies in Nigeria.
REPS Seek N36b Special Fund For States

REPS Seek N36b Special Fund For States

The House of Representatives debated the mysterious deaths in Kano State and resolved to ask that 1 billion naira be made available...
Military To Flush Out Militants In Benue, 2 Other States

Military To Flush Out Militants In Benue, 2 Other States

The Nigeria Defense Headquarters has said that 'Operation Whirl Stroke', OPWS had achieved its set mandate and would wind down in phases.

Allocation: FG, States, LG Share N3.84 Trillion In First Half Of...

The federal, states, local governments and others shared three-point-eight-four trillion naira between January and June this year. The data, contained in the...

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