The Federation Account Allocation Committee (FAAC) shared a total of ₦1.424 trillion among the three tiers of government for December
Since the government removed fuel subsidies, revenue sharing between the federal, state, and local governments has dramatically increased. This revenue
Ghana’s Ministry of Education budget for 2024 was double that of Nigeria’s Federal Ministry of Education, according to a recent
In every Nigerian budget, one of the key projections everyone looks out for is the exchange rate projections on which
“After almost 50 years of fuel subsidy, it is very clear that what the fuel subsidy delivers to Nigerians is
“Nigeria’s $1.5 billon World Bank loan is a modified Fulani marriage; it has gotten a skinny plain bride for a
There are growing concerns about Nigeria’s fiscal situation. Key sources of concern are the country’s dwindling revenues, soaring deficits, growing
Abundant oil revenues enabled Nigerian governments to institute vast subsidies and statist economic controls. These government interventions progressively weakened the
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