Story Highlights Nigerian states have experienced a dramatic 123% increase in external debt servicing in the first four months of 2024, reaching N96.52 billion compared to...
Story Highlights The Federal Inland Revenue Service (FIRS), Nigeria Customs Service (NCS), and Nigerian Upstream Petroleum Regulatory Commission (NUPRC) saw a 131% increase in their cost...
The Supreme Court of Nigeria has reserved judgment in the federal government’s suit which seeks to stop the governors of 36 states from spending or tampering...
A report by Agora Policy revealed that the Federal Inland Revenue Service (FIRS), the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) and the Nigeria Customs Service (NCS)...
The Federation Accounts Allocation Committee (FAAC) has announced the disbursement of N1.143 trillion as the total revenue for May 2024. This announcement was made at the...
In the one year between May 2023 and April 2024, exchange rates gain as a constituent of the monthly FAAC allocation stood at N4.23 trillion. This...
Story Highlights The Federal Inland Revenue Service (FIRS) has collected N1.63 trillion in tax revenue from the oil sector in the first four months of 2024,...
The Federal Government of Nigeria has asked the Supreme Court to stop the governors of 36 states from spending or tampering with 20.6% allocation from the...
The Socio-Economic Rights and Accountability Project (SERAP) has filed a lawsuit before the Federal High Court, Abuja, regarding the Federal Account Allocation Committee (FAAC) allocations since...
The Federation Account Allocation Committee (FAAC) has announced the distribution of N1.208 trillion to various levels of government in May 2024 from various revenue sources, including...
At least three Nigerian states Ekiti, Cross River and Ogun have proposed a suspension of foreign debt repayments due to severe foreign exchange volatility. This call...