Wasiu Ademola Bakare, a member and one of the elders of the Epe Club, an influential group of Epe indigenes, has written an open letter to President Bola Tinubu, urging him to deliberately manage the successes of his administration’s economic reforms, particularly the removal of fuel subsidies and the changes to foreign exchange policy. Bakare, … Read more
The Federation Accounts Allocation Committee (FAAC), has shared N1.727 trillion among the Federal Government, states, and Local Government Councils (LGCs) for November. This is contained in a communiqué issued after the FAAC meeting on Thursday in Abuja. According to the communiqué, the N1.727 trillion total distributable revenue comprised statutory revenue of N455.354 billion. It also … Read more
The Senate has called on state and local governments to comply immediately with the Supreme Court ruling, which mandates direct funding to local governments. In addition, the Senate resolved to initiate constitutional amendments that will grant full autonomy to local government administrations across Nigeria. EDITOR’S PICKS Health, Planning Ministries Partner with AfDB on Sustainable System … Read more
Ali Ndume commends President Tinubu for securing financial autonomy for Local Governments through a Supreme Court ruling, enhancing grassroots governance. Eko Hot Blog reports that Senate Chief Whip Ali Ndume has commended President Bola Tinubu’s administration for securing financial autonomy for Local Governments, marking it as the president’s most significant achievement since his inauguration in … Read more
NLC President Joe Ajaero praises the Supreme Court’s decision to grant financial autonomy to local governments, calling it a significant restoration of democratic hope. Eko Hot Blog reports that the Nigeria Labour Congress (NLC) has praised the Supreme Court’s decision to grant financial autonomy to local government areas. In a statement issued on Thursday, NLC … Read more
LASG has committed to more training for auditors EKO HOT BLOG reports that the Permanent Secretary/Auditor-General for Local Governments, Mr. Obafemi Ogunlana, has reiterated the commitment of the State Government to organising more capacity-building programmes for Auditors in the Civil Service. EDITOR’S PICK Tinubu Reveals Meeting Details With Obasanjo In Abeokuta JUST IN: Buhari … Read more
In this article, EKO HOT BLOG brings to you the history of Osun State, Nigeria. All you need to know about the creation, economy, politics, legislation and culture of the state will be accessed here. EDITOR’S PICK: Yusuf Lasun Biography, Age, Education, Career, Wife, Children, Net Worth, Controversy Ademola Adeleke Biography, Age, Wife, Political Career, … Read more
…Companies Income Tax (CIT) and Value Added Tax (VAT) increased reasonably EKO HOT BLOG reports that the Federation Accounts Allocation Committee (FAAC) has shared a total of ₦699.824 billion to the Federal Government, states, and local government areas. The amount is the allocation for December 2021. This was contained in a communique issued at the … Read more
Read details below as the Federal Government has proposed more allocations for LGs. EKO HOT BLOG reports that the Federal Government has proposed that Local governments should get more allocation in the new revenue formula. The FG also recommended a reduction in the vertical allocations to it and State Governments. Read Also: #AnambraDecides: “It’s Game Over, … Read more
The Buhari led Federal Government has issued a strong warning to state governors in the habit of diverting local governments allocations stressing that such governors will not escape the wrath of the law. The Senior Special Assistant to President Muhammadu Buhari on Niger Delta Affairs, Senator Ita Enang, issued the warning while featuring on a … Read more