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federation account

Business and Economy

NNPCL remitted only 50% of fuel subsidy savings to government – World Bank

THE Nigerian National Petroleum Company Limited  (NNPC) has only been remitting 50 per cent of the gains generated from...
Ehime ALEX -
Business and Economy

Auditor-general’s report indicts NNPCL of N514bn fraud

THE Office of Auditor-General of Nigeria has indicted the Nigerian National Petroleum Company Limited (NNPCL) of N514 billion in...
Ehime ALEX -
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Oil and Gas

Nigeria’s budget funding threatened as oil production drops to 1.23mn bpd

THE Nigerian budget funding largely benchmarked on crude oil production is under threat following a drop in the country's...
Harrison EDEH -
Featured News

Senate summons Adeosun, Emefiele over ‘illegal withdrawal’ of $462m from federation account

    The Senate has summoned Godwin Emiefele, Governor of the Central Bank of Nigeria (CBN); Kemi Adeosun, Minister of Finance;...
'Kunle ADEBAJO -
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News

Osun State Receives Zero Allocation For April 2016

The government of Osun State did not receive any money from the federation account in April 2016 due to deductions by the federal government.
Editorial -
Featured News

Oshiomhole Accuses FG of Illegal Deductions From Federation Account

From Jefferson Ibiwale, Benin Governor Adams Oshiomhole of Edo State has called on the Nigeria Bar Association, NBA, to constrain...
Editorial -
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