After hours of resistance, the Federal Government on Thursday forced states and local governments to share N680.687 billion as allocation for this month. The much-awaited April 2020 Federation Account Allocation Committee (FAAC) meeting which kicked off before noon with the technical session, was still ongoing as of press time last …

The Senate has approved the sums of $1.5 billion and €995 million external loans for the Federal and State Governments. The Red Chambers gave the approval after considering the report of its Committee on Local and Foreign Debts on the external borrowing plan of the Federal Government. Chairman of the …

The Nigerian Governors’ Forum (NGF) has said it will ensure the implementation of financial autonomy for state legislative and judiciary institutions by May 2021. Chairman of the NGF, Dr Kayode Fayemi gave the assurance after a meeting with the Chief of Staff to the President, Prof. Ibrahim Gambari at the …