Finance minister

Revenue allocation to federal, state and local governments has declined from a peak of N970.57bn in July 2021 to N680.783bn in May 2022, representing a 30 per cent reduction over the period. The decrease in allocation to these…

The Federation Account Allocation Committee has shared a total sum of N656.602 Billion April 2022 Federation Account Revenue to the Federal Government, States and Local Government Councils. This was contained in a communiqué…

The Federal Government on Monday declared that the current COVID-19-induced recession will not last beyond the first quarter of the 2021, assuring that strategic measures were being put in place to reduce its impact to the barest…