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NEITI

Subsidy Removal: FG, States, LGs Allocations Hit N10.14tn

The removal of subsidy on Premium Motor Spirit, popularly called petrol, pushed up the statutory revenue allocations from the Federation Account that was shared by the three tiers of government in 2023 to N10.14tn. Data released on Tuesday by the…

National

NEITI Seeks EFCC’s Support In Enforcing Transparency In Extractive Industries

THE Nigeria Extractive Industries Transparency Initiative, NEITI, has called on the Economic and Financial Crimes Commission, EFCC, to back it up more in its quest for transparency and accountability in the extractive industries in Nigeria.  This call was made in…

FG, States, LGs Share N4.37tn In Six Months – NEITI

THE three tiers of government, federal, states and Local Government Areas, shared a total of N4.37tn from the Federation Account as statutory revenue allocations between January and June 2023, the Nigeria Extractive Industries Transparency Initiative said on Thursday. It disclosed…