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Page 8 - கூட்டமைப்பு கணக்குகள் ஒதுக்கீடு குழு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

FG, States, LGs share N616 88bn April allocation

FG, States, LGs share N616 88bn April allocation
tribuneonlineng.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribuneonlineng.com Daily Mail and Mail on Sunday newspapers.

Nigerians To Pay N234 Billion Taxes Monthly With Petrol At N385 Per Litre

Nigerians To Pay N234 Billion Taxes Monthly With Petrol At N385 Per Litre
niyitabiti.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from niyitabiti.net Daily Mail and Mail on Sunday newspapers.

Fossil fuels divestment may halt $150b oil, gas projects

• Osinbajo canvasses equitable global energy transition for developing countries • Stakeholders raise fresh concerns over continuous dependence on hydrocarbon • Removal of subsidy, refinery rehabilitation, gas economy sacrosanct, minister insists Mounting global advocacy aimed at halting all-new Final Investment Decisions (FIDs) for fossil fuels, especially oil and gas may create serious hurdles for new fields development as over $150 billion worth of projects risk getting stranded in Nigeria. x Investments in new fossil fuel projects will need to stop immediately if the world is to limit global warming to 1.5 °C, the International Energy Agency (IEA) has said in what commentators have described as a stunning challenge by the historically pro-fossil fuel body.

Breaking News | State Governments Face Historic Liquidity Crises

• Withdrawal of CBN’s budget support threatens survival • Some states can’t pay debts in 50 years, says Uba • Adonri warns of impeding social unrests State governments are in dire strait as make-up funding sources dry up amid tumbling earnings, crippling their ability to repay existing loans and meet essential obligations.     While state governments mouth disdain for mounting debts and declining financial capacity, the cost of governance has continued to rise across different states with only a handful managing to pay the N30,000 minimum wage.     Amid growing liquidity crisis, findings have suggested that many state governors are queuing for commercial loans to offset “spending plans and schedules” that cannot wait. This is raising dust in the financial circle, as it would increase the already high banks’ exposure to governments.

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