HighlightTrending Story

Amidst feud over revenue, FG, states, LGs share N668.8bn

234

The Ministry of Finance, has released  the sum of N668.898bn to the three tiers of government for May, according to a statement, by Mr Hassan Dodo, director of information.

“Owing to the disagreement on remittances by the revenue generating agencies, especially the NNPC, the sharing of revenue for May 2018 that was meant to be distributed in June 2018 was put on hold.

“However, the urgent need to cushion the undue hardships being experienced by workers nationwide has made it necessary to distribute the May figures totalling N668.898bn to the three tiers of government, while efforts are being intensified to address the unsatisfactory remittances.”

Leave a comment

Related Articles

Super Eagles Pip Libya 1-0 in AFCON Qualifier ni

The Super Eagles secured a hard-fought 1-0 victory over Libya in their...

Oyetola flags off Gateway Inland Dry Port in Ogun, says it will make Nigeria logistics hub

The Minister of Marine and Blue Economy, Alhaji Adegboyega Oyetola, on Friday...

Just in: FHC CJ Tsoho rejects Kanu’s recusal request, returns case file to Justice Nyako

The Chief Judge of the Federal High Court of Nigeria, Justice John...

Just in: Court stops PDP NEC, BoT from sacking Damagum as acting national chair

A Federal High Court sitting in Abuja has barred the National Executive...

Just in: PDP faction appoints new acting national chairman

The People’s Democratic Party’s internal crisis has taken a new turn as...

PDP’s factional NWC suspends national Chair Damagum, Secretary Anyanwu

A faction of the People’s Democratic Party’s (PDP) National Working Committee (NWC)...

$35.4m money laundering charge: Court denies Binance executive Gambaryan bail

Justice Emeka Nwite of the Federal High Court in Abuja has rejected...

Abuja Court summons Yahaya Bello over alleged breach of trust, others

A former governor of Kogi State, Yahaya Bello, has been summoned to...

Appeal Court didn’t reinstate Amaewhule, 26 other pro-Wike lawmakers – Rivers Govt

The Rivers State Government has clarified that Thursday’s Appeal Court judgment in...

Bishop Oyedepo’s deputies, Bishops Abioye, Aremu, retire next week

After serving the church for 40 and 30 years, respectively, Bishops David...

Senate confirms Prof. Abdullahi Usman as new NAHCON chairman

Following the Senate’s confirmation of his nomination by President Bola Tinubu, Prof....

NFF Dismisses Libya Captain’s Poor Treatment Claims

The Nigeria Football Federation (NFF) has rejected allegations of poor treatment made...

Just in: Appeal Court confirms Amaewhule as Speaker, nullifies Fubara’s 2024 budget

The Court of Appeal, Abuja Division, affirmed Martin Amaewhule as the recognized...

Updated: Alleged killing of policeman in Lagos: Army launches investigation

The 81 Division of the Nigerian Army says it has initiated an...

NDLEA scraps controversial visa clearance requirement for married women

The National Drug Law Enforcement Agency (NDLEA) has announced a review of...

Appeal Court adjourns IPOB’s proscription appeal until Oct. 31

The Court of Appeal in Abuja has adjourned the hearing of the...

Court dismisses MAN’s suit against electricity tariff hike

A Federal High Court in Lagos has struck out a case filed...

Kanu Heart Foundation: A charity in need of urgent support

by Paul Ejime Nigerian international footballer Nwankwo Kanu is best known for...

Tragedy as soldiers kill policeman resisting driving against traffic in Lagos

Seized by a murderous rage, some soldiers attached to the Ojo Cantonment...

FG launches portal for youth to access 2,000 CNG tricycles

The Federal Government has launched a portal to enable youths to access...