Category : Search result: federal allocation


Tinubu Vows Security Reset in 2025 Budget Speech

President Bola Tinubu announces a sweeping national security revamp, allocating N5.41 trillion to defence. He declares all armed non-state actors as terrorists amid rising violence.

Tinubu Tells Governors To Hand Over LG Allocations

President Bola Tinubu has ordered state governors to comply with the Supreme Court judgement and directly fund local governments. He also reaffirmed plans for state police. Read the full story.

Federal Government Reopens 47 Unity Schools

The Federal Government has reopened the 47 Unity Colleges shut in November over insecurity. The Ministry of Education assures safety measures are in place. Read more.

IBEDC Blames Outages on Reduced Grid Supply

IBEDC apologises for prolonged power outages in Oyo, Ogun, Osun, and Kwara, citing reduced allocation from the national grid. The company is engaging with TCN for a solution. Read more.

IBEDC Blames Power Outages on Reduced Grid Supply

IBEDC attributes prolonged power outages in its franchise area to reduced allocation from the national grid. The company is engaging TCN for a solution while cracking down on energy theft.

FAAC Revenue Falls by N428bn, N1.93trn Shared

FAAC reports a sharp N427.969bn drop in November revenue, sharing N1.93 trillion among FG, states, and LGs. Key taxes see substantial declines. Read the full breakdown.

Supreme Court Dismisses Osun's LG Funds Suit

Nigeria's Supreme Court has dismissed Osun State's suit to compel the Federal Government to release withheld local government allocations. Read the full details and implications of the verdict.

Rivers 2026 Budget: Education Gets Top Priority

Governor Siminalayi Fubara vows to tackle the state's poor school infrastructure, allocating the biggest portion of the 2026 budget to education. Read his full plan for reform.

Ebonyi Projects N469.9bn FAAC Revenue in 2026 Budget

Governor Francis Nwifuru presents Ebonyi's largest-ever budget of N884.86bn, with 84.7% for capital projects. Strategic focus on industrialization and infrastructure development for economic growth.

Ebonyi ranks lowest in 2025 FAAC payouts

Ebonyi State received the lowest FAAC allocation of ₦112.19B between January-August 2025, highlighting Nigeria's revenue imbalance. Discover the states that got the most and least.

Senate Screens 38 FCC Nominees for Fairness

Nigerian Senate screens 38 FCC nominees, vows to uphold federal character principles for equitable resource distribution. Report expected soon for final confirmation.

Court Stops PDP Convention for Second Time

Federal High Court in Abuja restrains PDP from holding November 15-16 National Convention in Ibadan. INEC barred from monitoring the event. Get the latest political updates.

Asian markets gain as US shutdown deal reached

Asian stocks climbed for second day as US lawmakers reached deal to end record 41-day government shutdown. Market analysts warn of economic impact and Fed uncertainty. Read more for full analysis.

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