Lagos contributed N2.21 trillion in VAT, accounting for the highest share of the total pool. Meanwhile, Imo's contributions stood at N3.33 billion, the lowest among the states. But Imo received N57.09 ...

Enugu State Governor Peter Mbah announced a growth in the state’s Internally Generated Revenue, IGR, from N37.4bn at the end of 2023 to N144.7bn in September 2024, representing a radical 286.2 per ...

Presenting the estimates entitled “Budget of Exponential Growth and Inclusive Prosperity” at the House floor on Tuesday, Mbah said the proposed estimates comprised N837.9bn in capital expenditures, ...

HURMA) has demanded an open and official reversal of the suspension placed on Chairman of Alimosho Local Council by the Lagos State House ...

Sir: The 13% derivation fund is a benefit-sharing system that provides funds to oil-producing communities to help them ...

As we must all know by now, education is both our ‘sword’ and ‘shield’ in this battle to achieve economic growth in our state ...

Prominent Lagos indigenes, under the aegis of De Renaissance Patriots Foundation, have commended the Federal Government for ...

Last week, the Senate recommended the removal of the Chairman of the Code of Conduct Tribunal (CCT), Umar Danladi, with ...

“The FX market is still experiencing pressure going by the forward rates of the dollar. FAAC just shared over N1.4 trillion ...

The Nigerian National Petroleum Company Limited has requested an additional subsidy refund of N1.19 trillion for July 2024, ...

However, “The free-floating naira exchange rate has consistently increased external debt service, eroding the share of FAAC ...

representing a radical 286.2 per cent increase in line with the administration’s deliberate effort to wean the state off reliance on FAAC allocations. Addressing the House, Mbah said, “In crafting ...