The Federation Account Allocation Committee (FAAC) disbursements are the lifeblood of state economies in Nigeria.
As of April 2026, the gap between the highest and lowest earners remains vast, primarily driven by oil production (derivation) and massive internal commerce (VAT).
Here are the Top 10...
The Federation Account Allocation Committee (FAAC) allocations are a critical source of revenue for Nigeria's 36 states.
As of April 2026, there is a massive gap between the highest-earning states (like Lagos and the oil-producing states)...
As of April 2026, the disparity in power allocation across the federation remains a significant hurdle for many regions.
While industrial hubs like Lagos and Ogun, along with the FCT, receive the bulk of the available...
As of April 2026, the disparity in power allocation across the federation remains a significant hurdle for many regions.
While industrial hubs like Lagos and Ogun, along with the FCT, receive the bulk of the available...
The Federation Account Allocation Committee (FAAC) allocations are a critical source of revenue for Nigeria's 36 states.
As of April 2026, there is a massive...
Some residents have called on the former Governor of Lagos State, Mr. Akinwumi Ambode, to enter the race for the 2027 governorship election, expressing...
The Port Harcourt Refinery in Rivers State has officially begun processing crude oil.
Read Also: Naira Depreciates By 1.39% Against Dollar At Official Market
This was announced...
Nigerian comedian and actor, Okechukwu Anthony Onyegbule, better known as Okey Bakassi, has voiced his belief that polygamy is the most fitting form of...
On Monday, the Naira depreciated in the official market, trading at N1,675.62 to the dollar.
According to data from the FMDQ Exchange’s official trading platform,...
President Bola Tinubu on Monday expressed his enthusiasm following the release of Nigeria's third-quarter growth figures by the National Bureau of Statistics.
The report revealed...
