Monday, January 22, 2018
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by Ajadi Daniel The National Assembly has passed the 2017 Appropriation Bill with total budget estimates of N7, 441,175,486,758. The budget was passed on Thursday. Premium times reported that, N434.4 billion was appropriated for statutory transfers to the National Judicial Council...
by Opeoluwa Quadri The National Assembly has made good its promise to make public her 2017 budget. The budget details published showed that NASS raised its budget by N10 billion, to N125bn. The breakdown shows that the Management, Senate and...
by Opeoluwa Quadri The Federal Capital Territory Administration has shared the sum of N2.12 billion between six area councils in FCT and other stakeholders as share of allocation for the month of March. Babatope Ajakaiye, The FCT Permanent Secretary disclosed this...
by Ajadi Daniel The three water projects were constructed to boost water supply to the residents of the state across the three senatorial districts, at the cost of N2.2bn, it was donated by four members of the House of Representatives...
by Usman Alabi The Federal government, state and Local government shared a total of N467.807 billion for the month of March at the Federation Account Allocation Committee (FAAC) meeting held in Abuja on Tuesday. Mr Ahmed Idris, the Accountant-General who represented...
by YMonitor Below is a video of the YMonitor Quarterly show on Rubbin' Minds.  Our speaker is Dr Joshua Olunkiya who has conducted several researches on abandoned projects in Nigeria [youtube https://www.youtube.com/watch?v=J7rADIMtxhA]
by Usman Alabi Analysis The release of the first tranche of the Paris Club Refund N522.7 billion was done in December 2016, The first tranche of the Refund which represents 25 per cent of claims was disbursed subject to an agreement...
by Usman Alabi Analysis The Paris Club refund is a fallout of the debt relief package negotiated by the Federal government in 2005 which is approximately $18bn. $12bn was expected to be paid by the Nigerian government within a specified period...
by YWriter The challenge with this huge debt figures is that only few of the states can actually justify this debt, also only very few of them have a GDP that can sustain their huge debt profile. Most of these states...
by YWriter States are meant to spend the funds on  payment of outstanding salaries and other liabilities based on agreement with the federal government. S/N States Paris Club Refund  (First tranche #) 1 Abia 10,631,324,520.96 2 Adamawa 4,894,891,184.12 3 Akwa Ibom 14,500,000,000 4 Anambra 11,386,281,466.35 5 Bauchi 12,792,664,403.93 6 Bayelsa 14,500,000,000 7 Benue 12,749,689,453.61 8 Borno 13,654,138,849.49 9 Cross River 11,300,139,741.28 10 Delta 14,500,000,000 11 Ebonyi 8,385,035,086.76 12 Edo 11,329,495,462.04 13 Ekiti 8,877,476,163.58 14 Enugu 9,972,928,301.97 15 Gombe 8,319,552,518.63 16 Imo 13,021,497,640.32 17 Jigawa 13,220,260,074.57 18 Kaduna 14,362,416,363.24 19 Katsina 14,500,000,000 20 Kebbi 11,118,149,054.10 21 Kogi 11,211,573,328.19 22 Kwara Ist payment(5,415,167,236.97) second payment(3,773,082,953.54) 23 Lagos 14,500,000,000 24 Nasarawa 8,464,951,458.28 25 Niger 13,412,075,268.20 26 Ogun 10,675,236,931.70 27 Ondo 6,513,392,932.28 28 Osun 11,744,237,793.56 29 Oyo 7,206,041,943.30 30 Plateau 10,497,987,043.06 31 Rivers 14,500,000,000 32 Sokoto 11,980,499,096.97 33 Taraba 4,202,983,799.33 34 Yobe 10,068,371,796.86 35 Zamfara 10,122,837,205.76 source: Aso Rock twitter Handle

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