Stop fresh loans to FG, States, probe old ones, SERAP tells World Bank
Socio-Economic Rights and Accountability Projects (SERAP) has asked the World Bank to probe the loans acquired by the 36 state governors in Nigeria and immediately
Tag : States
FAAC disburses N906.955bn to FG, States, LGAs
The Federation Account Allocation Committee (FAAC) has announced the allocation of N906.955 billion in federation account revenue to the federal government, states, and local government
Cameroon dam flood to hit states in seven days – FG
The Federal Government, on Monday, said all the frontline states on the path of River Benue may experience flooding within the next seven days as
FAAC shares N966bn July revenue among FG, states, LGs
The Federation Account Allocation Committee (FAAC) says it shared N966.11billion among the three tiers of government for July 2023. The figure represents a marginal increase
States, local councils get N2.59tn as economic hardship worsens
States and local governments got N2.59tn from the federation account in the first six months of 2023 amid worsening economic hardship in their respective states.
Federal, States, Local Governments shared N39.22trn in 4 years
*Citizens demand accountability Over the past four years, the three tiers of government in Nigeria – federal, state and local – have shared amongst themselves
Fed Govt, States, LGAs share N786.161bn FAAC revenue
The Federation Account Allocation Committee (FAAC) has approved the sharing of a total sum of N786.161 billion to the three tiers of government as revenue
States external debt rises to N3tn
The external debt burden of the 36 states and the Federal Capital Territory may rise by as high as over 40 per cent following the
Delta, Akwa Ibom, Rivers lead as states share N9.3tn in three years
The 36 states in Nigeria shared a total of about N9.3tn as federal allocation between June 2019 and December 2022, a period of 43 months,
‘I doubt ability of states to transmit, distribute electricity’
Former chair, Nigerian Electricity Regulatory Commission (NERC), Dr. Sam Amadi, yesterday expressed doubt about the ability of states to generate and distribute electricity following the
