The Federal Government of Nigeria has reportedly accumulated an additional N3.8 trillion through Ways and Means Borrowing within the last six months of 2023, as revealed by the latest Statistics bulletin released by the Central Bank of Nigeria (CBN).
Despite previous statements by the Minister...
The Federation Account Allocation Committee (FAAC) in its February 2016 sharing formula allocated a total of 2.422 billion naira to Osun state out of which only a meager of 6.23 million got to the state because of various deductions.
Implication is that Osun with the newly created local...
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