•Tinubu President Bola Ahmed Tinubu has signed an Executive Order directing the direct remittance of oil and gas revenues to the Federation Account, in a major fiscal reform aimed at curbing leakages, eliminating duplicative deductions and boosting revenues available to the three tiers of government. The order, which has been gazetted, was sig...
•Nigerian Senate The Senate has rejected the explanations provided by the Nigerian National Petroleum Company Limited (NNPCL) regarding the ₦210 trillion outstanding against the oil firm. It came to the conclusion yesterday that the money, which had not been accounted for, must be refunded to the Federation Account by the company, reports Chan...
•Prepaid meters The federal government has set aside N700 billion from the federation account for the implementation of the distribution of free electricity meters under the Presidential Metering Initiative, according to the Special Adviser to the Minister of Power on Strategic Communications and Media, Bolaji Tunji. In a chat with our corresp...
•Flood Members of the House of Representatives on Wednesday kicked against the call to remove N300 billion from the Federation Account to address the humanitarian crisis caused by the flood disaster in Maiduguri, Borno State. The lawmakers expressed the objection during the debate on a motion of urgent public importance sponsored by Hon. Amos ...

