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Tag: states
‘States won’t get N90bn loan if Federal Allocation exceeds N500bn’
The Federal Government will cease disbursing the N90 billion conditional loan to state governments any month the allocation from the federation account goes above N500 billion. According to the Special Adviser…
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The 23 conditions states must meet before receiving N90bn loan
The Federal Government has indicated its readiness to release N90 billion loan facility to state governments to reduce their dependency on monthly allocations from the Federation Account. Finance Minister, Kemi Adeosun, while…
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It’s not compulsory for states to join National Feeding Programme – Presidency
The Presidency, on Tuesday, said that state governments are not mandated to key into the National Home-grown School Feeding programme. This was made known in a statement released by the…
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State governors can afford to pay salaries – Peter Obi
While most Nigerian states are struggling to pay workers' salaries, a former governor of Anambra State, Peter Obi believes the situation can be better managed by state governments. Obi said…
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Monthly allocation: Lagos received N178bn while Ekiti got N50bn in one year (Full List)
In the last one year, the thirty-six states and 774 local government councils in Nigeria shared N2.8 trillion from the federation account. The two tiers of government received the payment…
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FG to support state governments financially… but the conditions are strict
The federal government, on Tuesday, set out stringent fiscal conditions for states before they can access a conditional Budget Support Facility which is aimed at providing financial support to any…
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Morning Devotion: Another big announcement from Ambode, FG to put states on the right fiscal path & Nigeria to sign a visa free agreement with 8 countries
On this morning's episode, Joachim MacEbong discusses Ambode's new project, FG's plan to put states on the right fiscal path & Nigeria to sign a visa free agreement with 8…
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Opinion: Why Nigerian states need restructuring
By Uzoma Erondu Nigeria has a thing or two to learn from Sudan. Yes, the same Sudan known for strife, pestilence, drought, internal conflict and war. But hang-on, before we…
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These are the 13 states Biafra agitators want from Nigeria
The Indigenous People of Biafra (IPOB) has revealed the number of states said to be a part of the Republic of Biafra, if they break away from Nigeria. The IPOB…
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Governor Wike to borrow N10 billion to pay salaries
The Rivers State House of Assembly has given the state Governor, Nyeso Wike, the go-ahead to take a N10 billion loan from the Federal Government. The members of the House agreed…
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Imo, Zamfara, Enugu, diverted bailout funds
The Independent Corrupt Practices and Other Related Offences Commission (ICPC), On Friday, disclosed that 16 states were yet to make use of the N57 billions bailout funds that was approved…
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These are the 19 states that have received bailout funds
19 states have received their share of the bailout package from the Central Bank of Nigeria. According to the CBN, the bailout funds to pay arrears of workers' salary, has been…
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CBN orders banks to release bailout funds to states
The Central Bank of Nigeria has instructed Banks to release funds to state governments for the payment of salary arrears of their workers. The directive was communicated through a statement signed…
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Former governor Umar advises Buhari on bailout for troubled states
Former military governor of Kaduna state, Abubakar Dangiwa Umar has weighed in on the financial trouble some states are currently in. Vanguard reports that Umar, who is also the Chairman…
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FG, states and local governments share N593.33 billion in October
by James Sambo The three tiers of government - federal, states and local governments, have shared N593.33 billion, representing the revenue accrued to the nation in the month of October.…
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Opinion: It is just 14 years in prison. You can do it
by Saatah Nubari To all the gay proponents out there, I’m not mad that you’ve decided to support an abhorring act as this. I just wish your parents were gay.…
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Aww, how sweet: 2face Idibia arrives the US bearing gifts for Annie (LOOK)
by Oge Okonkwo Music star, 2face Idibia went to the United States yesterday to see his new baby girl who was born January 3. Like the loving husband, Annie gushes to everyone…
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Daddy’s here! 2face Idibia arrives America to see his new baby (LOOK)
by Tutu Akinlabi Musician, 2face Idibia is finally in the United States of America to see his newborn daughter. The star was spotted at the John F. Kennedy airport in…
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Don’t spend nation’s resources on PDP states- APC warns President Jonathan
by Akintomiwa Agbaje The President, Goodluck Jonathan received a warning message from the All Progressive Congress (APC) yesterday that he shouldn’t try to spend the nation’s resources on the Peoples…
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Presidency shared N36 billion to states for Jonathan’s re-election – APC
by Akintomiwa Agbaje Lai Mohammed States that will not support President Goodluck Jonathan's re-election bid come 2015 will be financially punished, the All Progressives Congress (APC) has alleged. Lai Mohammed, the party's Interim…
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SURE-P enrols 120,000 graduates for internship programme
by Akintomiwa Agbaje The Graduate Internship Scheme of Subsidy Reinvestment and Empowerment Programme (SURE-P) has signed on over 120,000 graduates in the programme with nearly 3,000 firms ready to absorb…
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Opinion: Confronting inter-regional disparities in Nigeria
by Ayo Teriba States/regions included in the growth processes are getting rich, just as those excluded from the growth processes, remain poor. Regions can now easily be grouped into the…
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TICKER: Some states to start paying more than others for telecom services
States with unfavorable telocom industry tax policies will have their residents pay more telecommunication services, service providers plan. Telecommunications operators and service providers in Nigeria say they are planning to introduce discriminatory…
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More, More! Senate Committee gets 56 requests for state creation
by Isi Esene The Deputy Senate President, Sen. Ike Ekweremadu has revealed that the Senate Committee on the review of the 1999 Constitution have been inundated with 56 requests for…
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Health minister plans to save 1 million lives
by Hauwa Gambo We don't know what to make of this. Ali Pate, who is the Minister of State for Health, yesterday gave a report to the Federal Executive COuncil…
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B-R-O-K-E – Revenue commission says Nigerian states are insolvent
by Hauwa Gambo Uhm... perhaps I borrowed too much? Elias Mbam, chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), revealed yesterday that many of the states in Nigeria…
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