The 2021 national budget comprises 19,036 capital projects, out of which 316 projects were duplicated within 74 federal agencies spread across 23 ministries with a cumulative […]
With the steady increase in the nation’s debt profile, we further analysed the significant causes of the increasing debt stock – either its decreasing revenue or […]
Despite their economic and geostrategic significance, oil-producing communities in Nigeria often suffer from lack of development and other environmental challenges. 13% of the federal allocation was […]
Internally Generated Revenue for State governments refers to revenues that are derived within the state from various sources such as taxes (pay as you earn, direct […]
The economic development and sustainability of states in Nigeria depend on the ability of such states to generate revenue internally to supplement the revenue allocation from […]
Despite the effects of debts and their servicing obligation in worsening the condition of the poor, many state governments still find solace in increasing debts. #OnOurRadar […]
The current vertical allocation formula of the Federation Account Allocation Committee (FAAC) stipulates a 26.72% net federation account revenue for state governments. The percentage is then […]
During the end of every month, the Federal Government gathers all the money it has generated from crude oil, customs, taxes, etc. The money is then shared […]
The price of virtually all food stuff is rapidly escalating at an alarming rate and the country is sadly walking the path of imminent hunger. #OnOurRaday, […]