FG, states, area councils share N1.298tn for September – FAAC
The Federation Accounts Allocation Committee (FAAC) said the three tiers of government shared N1.298 trillion for the month of September 2024
The revenue distribution was...
Federal, states, 774 LGAs received N3.473 trillion in Q2 2024 –...
The Nigeria Extractive Industries Transparency Initiative (NEITI) has said in its Quarterly Review that federal, state, and local governments in Nigeria received a total...
Breakdown of N28.77tn budget for 2024 fiscal year
The National Assembly, on Saturday, passed the harmonised 2024 Appropriation Bill totalling N28.77 trillion and increased the budget size by N1.2 trillin, from the...
Tinubu gives assent to N28.78tn 2024 Appropriation Bill
President Bola Tinubu on Monday signed the 2024 budget of N28.78 trillion into law
According to reports, Tinubu arrived who arrived at the Presidential Villa,...
FG begins deduction of 40% from university IGR
The federal Government has commenced implementation of an automatic 40 per cent deduction of internally generated revenue (IGR) of federal universities and other partially...
FG proposes N26.01tn for 2024 Appropriation
The federal xecutive Council (FEC) yesterday proposed the sum of N26.01 trillion for the 2024 fiscal year to be submitted to the national assembly.
The...
Current exchange rate worrisome – Cardoso
The new governor of the Central Bank of Nigeria, Mr Yemi Cardoso has said that the prevailing exchange rate “is very worrisome to everybody”...
N2.34tn spent on debt service in 6 months – DMO Report
A new report by the Debt Management Office (DMO) said the Nigerian government spent N2.34 trillion on debt service in six months.
The country’s debt...
Less than 40 million Nigerians pay tax — RMAFC chairman
The chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mr Muhammad Shehu, says Nigerians must endeavour to pay their taxes to boost government revenue...
FG, states, LGAs share N907bn from N1.9trn generated in June
Out of the N1.9 trillion earned in June, only N907 billion will be distributed among the three tiers of government, N790 billion will be...
