There is tension and an uneasy calm across some states in the country as the Supreme Court is set to deliver its final judgments on the governorship elections that are still being challenged in courts. Governorship polls were held in 28 of the 36 states of the federation in March 2023. While the outcomes in […]
Thirteen states plan to borrow or get aid assistance of N2.31tn in 2024 to fund their budget deficits, a breakdown of their 2024 proposed budget has shown. This will increase the states’ debt profile to at least N4.73tn. As of the end of September of 2023, the domestic debts of the states amounted to N2.61tn, […]
Google parent Alphabet has agreed to pay $700 million as part of an antitrust settlement made public on Monday, with the funds going to US customers of its Android app store and state governments. As part of the settlement, the company will make changes to its Google Play app store to reduce competition barriers for […]
The Federation Account Allocation Committee (FAAC) has shared a total sum of N1,088.783 trillion November 2023 Federation Account Revenue to the Federal, States and Local Governments. As contained in a communique issued by the FAAC at its December, 2023 meeting, the N1,088.783 trillion total distributable revenue comprised distributable statut...
Despite raking about N15.8 trillion from the Federation Account Allocation Committee (FAAC) in less than four years, the majority of sub-national governments are reeling in huge debts just as some are showing signs of distress. But the huge indebtedness, poor infrastructure funding and financial stress have not stopped mind-boggling profligacy...
•Tinubu In the last six months, the three tiers of government- Federal, States and Local Councils, have shared N5.57 trillion as allocation from the Federal Accounts Allocation Committee, FAAC, according to checks. Within the period, which is President Bola Tinubu’s first six months in office, having assumed power on May 29, 2023, the federal ...
There have been growing indications that some governors in the country are governing their people from outside of their states. Some of them allegedly govern their states from the Federal Capital Territory, Abuja and other parts of the world, reports The PUNCH. According to an earlier report, residents of these states, and several residents an...
No fewer than 15 states have spent N301 billion on airports that failed to meet the yearly passenger traffic requirement per airport. The airports, which are spread across the country, are underutilized as many hardly record daily flights while others only have a few chartered flights sometimes, reports Sunday Vanguard. Constructed by state go...
According to the Cadre Harmonise, about 26 million Nigerians in Borno, Sokoto and Zamfara states including the FCT are expected to be in a food crisis between June and August 2024. Cadre Harmonise is a report put together by the Ministry of Agriculture and Food Security with technical support from the Food and Agriculture Organisation [&hellip...
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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