By The Nation Newspaper Federal, state and local governments are set for a windfall from subsidy removal. After sharing a total of N3.62 trillion from January to May 2023, FAAC is about to share an all-time high of N1.959 trillion. It is the revenue generated last month alone, the full month after the May 29
By News Agency of Nigeria The Nigerian Meteorological Agency has predicted rains and thunderstorms from Friday to Sunday across the country. NiMet`s weather outlook released on Thursday in Abuja predicted thunderstorms over parts of Sokoto, Zamfara, Kebbi, Yobe, Borno, Taraba, and Adamawa States during the morning hours of Friday. According to it, there are chances
By Ijioma Opara, The ICIR Inspector General of Police (IGP) Usman Alkali Baba has ordered all Commissioners of Police (CPs) across the 36 States of the federation as well as the Federal Capital Territory (FCT) to beef up security around hospitals, schools, and other national infrastructure across the country. Public Relations Officer (PRO) of the
By Ogar Monday Listen To The Report According to information from the Debt Management Office between January, February, and March, a total of N1.3 billion was deducted from Cross River State’s accrued revenue to offset part of the State’s external debt. The N1.3 billion is 6.3% of the N21.62 billion external debt deductions from all
By Chuks Okocha, This Day Newspaper As the Peoples Democratic Party (PDP) Committee for the zoning of offices in the National Working Committee (NWC) began sitting, new calculations have begun to emerge over which part of the country gets what office, amid highwire politics and intrigues. This is even the more interesting, because of the
The issue many are not putting in proper perspective on this VAT ruling by Port Harcourt Federal High Court is that the advantage Lagos, Rivers and FCT have over other states per VAT is the fact that Nigeria’s formal economy is concentrated in these places while others run an informal economy, largely. It is not
By Bertram Nwannekanma, Lagos, Anietie Akpan, Calabar, Ann Godwin, PortHarcourt, Charles Akpeji, Jalingo, Charles Ogugbuaja, Owerri, Rotimi Agboluaje, Ibadan, Emmanuel Ande, Yola, Rauf Oyewole, Bauchi, Ayodele Afolabi, Ado Ekiti and Mansur Aramide, Gombe – The Guardian Despite the place of shelter in the Maslow’s hierarchy of human needs, housing delivery in Nigeria has remained abysmally
By Emmanuel Addeh, This Day Newspaper Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday put the amount the Federation Accounts Allocation Committee (FAAC) shared among the Federal, State, Local Government Areas and other statutory recipients in the first half of 2020 at N3.879 trillion. A breakdown of the disbursements, according to a statement signed by the