16 h. ago Federal Gov’t Charges RMAFC To Balance Equity In Revenue Sharing

The Federal Government has urged the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC) to conduct thorough due diligence in formulating a workable and acceptable revenue allocation for the country. The Secretary to the Government of the Federation, Sen. George Akume, made this request while receiving a significant delegation from the Management of RMAFC, led by […]

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20 h. ago Akume calls for fairness as FG begins work on new revenue formula

George Akume, the Secretary to the Government of the Federation (SGF), on Monday urged the Revenue Mobilisation, Allocation and Fiscal read more Akume calls for fairness as FG begins work on new revenue formula

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22 h. ago States To Get More Allocation As Federal Gov’t Reviews Revenue Sharing Formula

The federal government has formally commenced a comprehensive review of Nigeria’s revenue allocation formula. The move is expected to adjust the distribution of federally collected revenue among the three tiers of government to reflect present-day socio-economic realities better. Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed Bello Shehu, announced this at a […]

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65 h. ago How untapped resources push North East economy backward as governors are torn apart by politics

The North East region of Nigeria has largely remained economically dependent on the country’s monthly federal allocation despite the availability read more How untapped resources push North East economy backward as governors are torn apart by politics

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3 d. ago Tinubu’s reforms delivering real gains in South East – Minister

From Jude Chinedu, Enugu The Minister of Information and National Orientation, Mohammed Idris, has said the Renewed Hope Agenda of President Bola Tinubu was already yielding visible benefits in the South East, despite initial hardships triggered by economic reforms. Speaking at a town hall meeting in Enugu, he said increased federal allocations have been enabling […] The post Tinubu’s reforms delivering real gains in South East – Minister appeared first on The Sun Nigeria.

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6 d. ago FEC okays N13bn, $34m for transmission project, transformer upgrade, N142bn for bus terminals in 6 geo

From Juliana Taiwo-Obalonye, Abuja The Federal Government yesterday gave the green light for a ₦13 billion allocation dedicated to right-of-way compensation for the Lagos Industrial Transmission Project. In addition, it has approved $34 million towards the purchase and installation of high-capacity transformers to strengthen the country’s ageing national electricity grid infrastructure. Minister of Power, Adebayo […] The post FEC okays N13bn, $34m for transmission project, transformer upgrade, N142bn for bus terminals in 6 geo-political zones appeared first on The Sun Nigeria.

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7 d. ago Circle shares climb as Q2 revenue surges 53% on Stablecoin demand

Tribune Online Circle shares climb as Q2 revenue surges 53% on Stablecoin demand Circle Internet Group shares rose on Tuesday after the company reported its first quarterly earnings as a public company. Circle shares climb as Q2 revenue surges 53% on Stablecoin demand Tribune Online

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1 week ago NPHCDA Cooperative accuses NAF of land encroachment, calls for govt’s intervention

The Cooperative Society of the National Primary Health Care Development Agency (NPHCDA) has accused the Nigerian Air Force (NAF) of encroaching on its allocated land in the Idu area of the Federal Capital Territory (FCT), despite a subsisting court injunction. Addressing journalists yesterday in Abuja, the Cooperative’s Chairman and NPHCDA Deputy Director, Emmanuel Odoh, said […] The post NPHCDA Cooperative accuses NAF of land encroachment, calls for govt’s intervention appeared first on The Sun Nigeria.

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