Oil producing states’ domestic debt stock drops by N107.6 billion in Q3 2023
The nine oil-producing states in Nigeria saw their domestic debt stock drop from a record high of N1.66 trillion recorded ...
The nine oil-producing states in Nigeria saw their domestic debt stock drop from a record high of N1.66 trillion recorded ...
The eight oil-producing states in Nigeria received a sum of N377.93 billion as 13% oil derivation fund in the first ...
Oil-producing states in Nigeria received a sum of N448.67 billion as part of their 13% oil derivatives for the year ...
A sum of N424.02 billion was shared among eight oil-producing states in Nigeria in the year 2020 as part of 13% oil ...
The sum of N604 billion was disbursed by the FAAC to the three tiers of government in November 2020.
The madness behind the numbers
The Federation Account Allocation Committee (FAAC) disbursed the sum of N780.93bn to the three tiers of government in April 2020 ...
The first half of the year is gone and states, most of whom depend on statutory allocation from the top, ...