•Chairman of Revenue Mobilisation Allocation and Fiscal Commission, Mohammed Shehu The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has disowned reports that certain disputed crude oil and gas wells have been recommended for ceding to specific oil-producing states, insisting that no such decision has been taken. In a statement...
•Electricity States and councils will henceforth share the payment of electricity subsidies with the federal government, which had solely borne the subsidy cost on electricity. In 12 months between September 2024 and October 2025, the federal government paid N1.98 trillion. Director-General of the Budget Office of the Federation, Tanimu Yakubu...
•Naira notes A total sum of ₦1.969 trillion, being the December 2025 Federation Account Revenue, has been shared to the federal government, states, and the local government councils. The revenue was shared at the January 2026 Federation Account Allocation Committee (FAAC) meeting held in Abuja. This was disclosed in a statement by the Director...
•Naira notes The disagreement over the volume of revenue to be distributed among the three tiers of government this month has stalled the sharing of federation revenue in the last two weeks. It was learnt that N1.969 trillion was planned to be distributed at the end of the January 20 FAAC meeting. However, the Commissioners […]
•Naira notes Nigeria’s Federation Account recorded its highest quarterly disbursement in the third quarter of 2025, with a total of N6 trillion shared among the three tiers of government, according to the Nigerian Extractive Industries Transparency Initiative (NEITI). The figures, released in NEITI’s Quarterly Review for Q3 2025, showed a 55.6...
•Tinubu and Nigeria Governors’ Forum Many state governments appear to be still weighing their options on local government financial autonomy, following the recent threat by President Bola Tinubu that he may be compelled to issue an Executive Order to ensure direct allocations to the councils. Only a handful of states claim they have comm...
States and Local Government Councils reduced their bank borrowings by about N547.52 billion in one year, as Federation Account inflows surge, according to findings by our correspondent. Figures from the Central Bank of Nigeria’s latest Quarterly Statistical Bulletin reveal that the banking sector’s “claims on state and Local Governments” fell ...
•Governor Chukwuma Soludo of Anambra State As governors across the country present their 2026 appropriation bills to State Houses of Assembly, an analysis by our correspondent shows wide disparities in funding for the education sector, with Anambra, Enugu, Kano and Jigawa emerging as the four leading states, while others trail far below recomm...
•Tinubu The Association of Local Governments of Nigeria and the National Union of Local Government Employees have thrown their weight behind President Bola Tinubu’s plan to enforce direct deductions of council funds from the Federation Account Allocation Committee, even as state governments continue to retain control over allocations to local ...
•Naira notes A total sum of ₦1.928 trillion, being November 2025 Federation Account Revenue, has been shared to the Federal Government, States and the Local Government Councils. According to a statement by the Federation Account Allocation Committee (FAAC), the revenue was shared at the December 2025 Federation Account Allocation Committee (FA...
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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