•Tinubu and terrorists The killing of the 39-year-old founding leader of Boko Haram, Mohammed Yusuf, in Maiduguri, Borno State, was supposed to put paid to the 2009 insurgency uprising in the North-East; instead, the group has since morphed into one of the world’s deadliest terrorist groups, defying various counterterrorism measures. Starting ...
At least 10 Nigerian states collectively increased their domestic debt by N417.7 billion year-on-year, despite a significant rise in revenue allocations from the Federation Account Allocation Committee, a review of official data has shown. An analysis of the Debt Management Office’s quarterly reports on subnational debt reveals that Rivers, En...
Local government workers in some of the states yet to conduct council elections by yesterday are now living in fear of the possible suspension of allocation to their councils from the federation account. The Supreme Court had in a recent ruling granted the local government financial autonomy and specifically ordered that the councils’ share of...
Efforts by the federal government to ramp up power generation seem to be suffering a setback following the refusal of the electricity distribution companies to off-take the power allocated to them. The Minister of Power, Adebayo Adelabu, decried the rejection of power by electricity distribution companies, describing it as regrettable, reports...
Twenty one states of the federation are seeking loans amounting to N1.65 trillion to fund their 2024 budget deficits despite the increase in the allocations they have received from the Federation Account Allocation Committee (FAAC) in the last one year. From June 2023 to June this year, all the 36 states and the 774 local […]
•Supreme Court of Nigeria The Supreme Court has held that it is illegal for governors to dissolve democratically elected Local Governments. It orders the federal government to henceforth withhold allocations to Local Governments governed by unelected officials appointed by the governor. The Frontier had earlier reported that the apex court als...
•New Naira notes Statutory allocations from the Federal Account Allocation Committee to the 36 states and 774 local government areas from July to December 2023, increased to N3.34tn post-fuel subsidy era. Figures obtained from the National Bureau of Statistics indicate an increase of N545bn or 19.5 per cent from the N2.79trn distributed to sta...
•Tinubu at NASS The Senate has released the sectoral allocations of the N27.5 trillion budget for 2024 fiscal year. This is coming amid the controversy over the sketchy details of the budget President Bola Ahmed Tinubu presented to the National Assembly on Wednesday, reports Daily Trust. Our correspondent observed that lawmakers were only prov...
•Senate The Senate has asked the federal government to withhold statutory allocations to any local government councils not democratically elected. The upper chamber unanimously resolved that this move would deter the dictatorial tendencies of any state governor, reports Channels TV. This resolution comes against the backdrop of a motion moved ...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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