Peter Obi Calls For Review Of 2024 Budget

Eko Hot Blog reports that the 2023 Labour Party presidential candidate, Peter Obi, has called for a total review of the 2024 budget, citing grave concerns over the nation’s deteriorating security situation, widespread poverty, food insecurity, and crumbling infrastructure. Editor’s Pick  BREAKING: SSANU, NASU Begin Strike, Ground Varsities Black Market USD To Naira Exchange Rate … Read more

FAAC Allocates N1.088 Trillion To FG, States, LGAs From November Revenue

Budget allocation

EKO HOT BLOG reports that the Federation Account Allocation Committee has shared the sum of N1.088 trillion to the Federal Government, States and Local Government Councils. A communique issued at the end of the FAAC, in Abuja, on Friday, indicated that the allocation came from November 2023 Federation Account revenue. EDITOR’S PICKS New ICPC Chairman Musa … Read more

New Revenue-sharing Formula To Cut Down Local, Federal Allocations

Allocation

…he said it’s critical to reiterate that revenue allocation should be done constructively. EKO HOT BLOG reports that the federal government has suggested a portion of shared national income of 50.68 per cent, which is 2.03 per cent less than the current 52.68 per cent. On Monday, Boss Mustapha, the Secretary to the Government of … Read more

FG, States And LGs Share N619.3bn For Dec. 2020

Shares LGs

Allocation The Federal Government, States and Local Government Councils (LGs) have shared N619.343 billion as federation allocation for December, 2020. You May Also Like Digital Customer Services Increased Despite COVID-19 Disruptions – CIBN AMCON Seeks To Recover ₦4.4trn Debt To Strengthen Economy Salami To Deliver CIBN 7th National Economic Outlook Address Mr Hassan Dodo, Director … Read more