The My Vote My Voice comics is an interesting cartoon illustration by Ymonitor, an initiative of The Future Project aimed at galvanizing young Nigerians to get […]
To say that corruption is rampant in Nigeria is to over flog the obvious. So far, corruption in Nigeria can be appropriately termed endemic or systemic. […]
Towards the end of last month, the Nigerian National Petroleum Corporation alerted the federal and state governments to its dwindling contribution to the federation account owing […]
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 […]