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Account For 13% Derivation Fund You Received , HOSTCOM Tells Diri

The Civil Liberties Organisations, CLO, Akwa Ibom State chapter, has said that some politicians in the state are trying to make political fortunes out of

The Peoples Democratic Party (PDP) in Imo State on Saturday said citizens cannot wait to roll out their drums to celebrate the end of the ill-fated reign

The Return And Management Of Stolen Assets Recovered From The Former Governor Of Delta State, James Ibori And Associates By Evans Ufeli Esq Federalism and Fiscal Autonomy leans in favour of financial autonomy, which include the autonomy of the units to have a sufficient measure of control over resources. by Evans Ufeli Esq Mar 10, 2021 It was with dismay that I watched the Federal Executive Council alongside the Attorney General of the Federation Abubakar Melami SAN signed an MOU with the British government on the repatriation of the looted fund of the sum of £4.2 million which was laundered...

Share Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Chief Elias Mba, has proposed the redistribution of revenue accruing into the 13 percent Derivation Fund Account by ceding 40% of the fund to Host Community Development Trust Fund in the proposed Petroleum Industry Bill (PIB) being considered by the Senate and House of Representatives. In his paper presented to the Ad-hoc Committee on Petroleum Industry Bill (PIB), Chief Mba who frowned at the flagrant breach of the extant financial regulations observed that out of the total sum of N2.999 trillion accrued from mine...