The removal of subsidy on Premium Motor Spirit, popularly called petrol, pushed up the statutory revenue allocations from the Federation Account that was shared by the three tiers of government in 2023 to N10.14 trillion. Data released on Tuesday by the Nigeria Extractive Industries Transparency Initiative (NEITI) in its latest report on the Federation Account revenue allocations for the year …

The Nigeria Football Federation (NFF) has warned the 36 state Football Associations, and that of the Federal Capital Territory to play their Federation Cup final matches on either Saturday, 30th March or Sunday, 31st March, or risk a penalty of N1 million. NFF’s Director of Competitions, Ruth David stated that the football house would no longer condone the disruptive attitude …

As governments at all levels intensify efforts to halt the current food crisis, Katsina State Governor Dikko Radda has signed into law an executive order to check food scarcity and prohibit hoarding of food and other essential commodities in the state. His Nasarawa State counterpart, Abdullahi Sule, said in Lafia yesterday that his recent interaction with marketers on food hoarding …

Despite spending at least N21.04 billion on foreign trips in the last three years, 14 state governments have failed to attract any form of foreign investments into the domains. The states in question are Bauchi, Bayelsa, Benue, Borno, Cross River, Ebonyi, Edo, Gombe, Imo, Jigawa, Nasarawa, Taraba, Yobe, and Zamfara. Between 2021 and the third quarter of 2023, these states …

The Federation Account Allocation Committee (FAAC)has shared the sum of N1.088 trillion to the Federal Government, States, and Local Government Councils. A communique issued at the end of the FAAC, in Abuja, on Friday, indicated that the allocation came from November 2023 Federation Account revenue. The N1.088 trillion distributable revenue comprised a distributable statutory revenue of N376.306 billion, distributable Value …

As diphtheria spreads further across the country, the federal government has urged the affected 19 states to reintroduce the use of facemasks. The executive director of the National Primary Healthcare Development Agency (NPHCDA), Dr. Faisal Shuaib, gave the advice yesterday at the Diphtheria Outbreak Response press briefing, in Abuja. He said, “Diphtheria is an airborne disease. Like COVID-19, we can …

Eleven states await their ministerial nominees as President Bola Tinubu’s first batch of ministers-designate were announced by Senate President Godswill Akpabio on Thursday. The states include the President’s home state Lagos, Adamawa, Bayelsa, Gombe, Kano, Kebbi and Kogi. Others are Nasarawa, Osun, Yobe and Zamfara States. Section 147(3) of the 1999 Constitution (as amended) stipulates that the “President shall appoint …

The proceeds of the recently introduced annual fee of N1,000 to be paid by motorists for Proof of Ownership Certificate verification is to be shared between the Federal Road Safety Corps (FRSC), the states and the consultants engaged for the exercise, according to the Permanent Secretary, Lagos Ministry of Transportation, Mr. Abdulhafiz Toriola. On 27th June, Toriola said that the …

The Federation Account Allocation Committee (FAAC) has shared N786.161 billion to the federal, state and Local Government Councils. It represented their share from the May 2023 Federation Account Revenue, according to the communiqué issued at the end of the FAAC meeting in Abuja, yesterday. The meeting was chaired by the new Accountant-General of the Federation, Dr. Oluwatoyin Madein, according to …

The Federation Account Allocation Committee (FAAC) shared N750.17 billion among the three tiers of government in January 2023, according to a communiqué issued at the end of the committee’s latest meeting in Abuja on Monday. The figure represents a decrease of N240.02 billion compared to the N990.19 billion shared in December 2022. The amount includes gross statutory revenue, Value Added …