•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...
•Olusegun Obasanjo Former President Olusegun Obasanjo has said financial impropriety by the previous governments had forced Nigeria into a debt burden the coming generations would have no option but to pay. According to a statement by his Media Aide, Kehinde Akinyemi, the former president made the observation during a meeting with 2023 awardee...