As a way of addressing the country’s dwindling economy and heavy debt burden, the federal government moved to boost its resources by directly taking control of revenue management of its ten most lucrative enterprises. These enterprises include Nigerian National Petroleum Corporation, NNPC, Continue Reading
The Federation Accounts Allocation Committee (FAAC) on Wednesday shared N547.309 billion to the three tiers of government for May, the lowest federal allocation since the beginning of this year. Crude oil prices have crashed and economic activities ground to a halt after the imposition of a global lockdown to contain the spread of coronavirus. In […]Continue Reading