Update: FG to withdraw $150 million from sovereign wealth fund, to borrow $6.9 billion
President Muhammadu Buhari has given approval that the sum of $150 million should be withdrawn from the stabilization fund of ...
Tag: states revenue allocation
States may owe salaries in coming months, as Governor laments fiscal woes
Due to the crash in global oil prices, state governments have not received any federal allocation for the month of ...
Governors may push for 42% of federal allocation in new sharing formula
It has been revealed that state governors in Nigeria may request 40% of the total federal allocation, as the federal ...
FAAC disburses N617 billion as South-South scoops highest allocation
The Federation Account Allocation Committee (FAAC) disbursed the sum of N617.57 billion to the three tiers of government in April ...
