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...
Wale Edun, the Minister of Finance and Coordinating Minister of the Economy, has stated that the Nigerian government requires additional borrowings to fund its...
The Coalition of Opposition Lawmakers in the House of Representatives has called for the reconstitution of the national leadership of the People's Democratic Party...
Reality star and actress Ijeoma Josephine Otabor, widely known as Phyna, was denied entry into a restaurant in Lagos on Monday.
The 27-year-old star was...
Suspected members of Eiye Confraternity have killed a suspected member of Aye cult group, Justice Onyekachukwu Elimani, just one day before his traditional wedding...
Access Bank PLC has strongly denied allegations of missing funds from customer accounts, reaffirming its commitment to ethical banking and the security of customer...
Crusoe Osagie, media aide to former Edo State Governor Godwin Obaseki, has criticized Governor Monday Okpebholo’s decision to investigate Obaseki's administration, calling it a...
