ANALYSIS: Six new governors increased their domestic debts by N109.21bn in 6 months
At least six new governors have collectively increased their domestic debts by N109.21 billion since they assumed office- between June 2023 and December 2023.
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At least six new governors have collectively increased their domestic debts by N109.21 billion since they assumed office- between June 2023 and December 2023.
The NBS says the 36 states of the federation and the FCT recorded N1.92 trillion in internally generated revenue (IGR) in 2022.
Foreign investors ignored 28 states as the value of capital importation into Nigeria fell by 30 percent to $2.16 billion in the first half of 2023, from $3.11 billion in the same period last year.
The nine oil producing states shared N544.9 billion from the federation account, through the 13 percent derivation formula, in...
The net profit of the Nigerian oil and gas industry dropped by 27.08 percent year-on-year in Q2 after Tinubu removed the fuel subsidies