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Internally Generated Revenues

Katsina revenue board surpasses 2020 revenue target – chairman

The Katsina State Board of Internal Revenue has generated N9.1 billion revenue in the first nine months of 2020, indicating a 125 percent performance over its set target of N7.3 billion, the chairman of the Board, Alhaji Aminu Darabati-Abdulmumini has said.
Minister of Transportation, Rotimi Amaechi, has disclosed that the US$50 million University of Transportation, Daura, scheduled to take off September next year will be built free of charge by the Chinese government.

Transport minister proposes N205 billion capital budget for 2021

The Minister of Transportation, Rotimi Amaechi, has proposed N205 billion as capital budget for 2021 to enable the ministry make significant progress on all its ongoing projects.
The Commissioner for Finance Dr. Rabiu Onaolapo Olowo, made the appeal on Monday at a technical meeting with directors and heads of finance and accounts of all ministries, department and agencies of the government.

Lagos financially, economically viable – official

Contrary to the publication by BudgIT, a public finance analyst, the Lagos State Government said it is economically and financially solid.
The Katsina State House of Assembly on Wednesday cleared 17 Commissioner Nominees including President Muhammad Buhari’s Sister Hajia Rabi Atu Mohammed from Daura, submitted to it by Governor Aminu Bello Masari, for appointment as Commissioners.

Katsina proposes N249 billion budget for 2020

Christened “The Budget of Reflection and Progress” is made up of a total recurrent expenditure of N75,579,865,990.00 which is equivalent to 30.30% of the total budget.
The Bauchi state governor, Sen. Bala Mohammed, on Friday, inaugurated the newly appointed 20 commissioners as members of the State Executive Council (SEC).

Bauchi government spends over N48.1 billion on housing, education, others

Bauchi State Governor, Bala Mohammed, yesterday, told newsmen that his administration will spend N48. 1 billion to provide basic infrastructure in the state.
President Muhammadu Buhari has described the failed Process and Industrial Development Limited (P&ID) deal as a cheat to rub Nigeria of money running into billions of dollars. 5

President Buhari: Nigeria lost $157.5 billion to illicit financial flows in 9 years

President Muhammadu Buhari on Thursday said that Nigeria lost an estimated US$157.5 billion to illicit financial flows between 2003 and 2012.
Waziri Adio NEITI

NEITI: 36 States received N3.95 trillion in 2018

The Nigerian Extractive Industries Transparency Initiative (NEITI) on Wednesday disclosed that the 36 states of the federation received N3.95trillion as total revenues in 2018 but none of the states could fund their 2018 budget from their total revenue for the year.

Governor Ortom: Open grazing law in Benue operational

Gov. Samuel Ortom of Benue says the open grazing law in the state is being implemented as no fewer than 400 persons from various ethnic nationalities have been arrested for violating the law.

Report: Only 10 Nigerian states economically viable, 17 insolvent

The Economic Confidential has released the Annual States Viability Index (ASVI) which shows that seventeen (17) States are insolvent as their Internally Generated Revenues (IGR) in 2018 were far below 10% of their receipts from the Federation Account Allocations (FAA) in the same year.
The Ekiti State Deputy Governor, Chief Bisi Egbeyemi, has appealed to the people of Isaba-Ekiti in Ikole Local Government Area of Ekiti State to maintain peace over the vacant kingship stool.

Ekiti introduces e-receipt to combat tax fraud

The Ekiti State government has introduced electronic receipt (e-receipt) as part of reforms in the collection of taxes and revenue generation in the state.

Willie Obiano presents N157.1 billion 2019 Appropriation Bill to Anambra Assembly

Governor Willie Obiano of Anambra State, on Wednesday, presented the 2019 Appropriation Bill of N157.1 billion to the state’s House of Assembly with a plea for its speedy consideration.

Katsina government proposes N200 billion budget for 2019

Governor Aminu Bello Masari of Katsina State on Monday presented a budget proposal of N200,741,960,745.00 for 2019 to the state House of Assembly.
The President of the Senate, Dr. Abubakar Bukola Saraki, on Saturday commissioned the Obiri Ikwerre-Airport Road in Port Harcourt, Rivers State, constructed by the Governor Nyesom Wike Administration

Senator Saraki commissions road, fertilizer projects in Rivers

The President of the Senate, Dr. Abubakar Bukola Saraki, on Saturday commissioned the Obiri Ikwerre-Airport Road in Port Harcourt, Rivers State, constructed by the Governor Nyesom Wike Administration.

House of Representatives probe alleged misuse of $30 billion by NDPHC

Speaker of the House of Representatives, Hon. Yakubu Dogara, has said that the House will not relent until all allegations of misuse of N10.08 trillion (about $30 billion) by the Niger Delta Power Holding Company (NDPHC) is unravelled.

Group seeks update on Lekki-Epe expressway concession

The Human and environmental Development Agenda (HEDA Resource Center), has written to the Lagos State Governor, Akinwunmi Ambode, requesting for an updated information on the state government’s actions towards the acquisition of the Lekki-Epe express way from Lekki–Epe Concession company (LCC).

How Nigerian states can survive economic distress – World Bank

The World Bank has identified three ways the 36 states and Abuja can survive economic challenges and ensure sustainable growth.

President Buhari presents N8.612 trillion budget for 2018

President Muhammadu Buhari yesterday presented to a joint session of the National Assembly a budget estimate of N8.612 trillion for the 2018 fiscal year.

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Governor Oyetola: Yoruba believe in unity of Nigeria

The Osun State Governor, Adegboyega Oyetola, on Saturday said the Yoruba people are a nation of hospitable, accommodating and warm people who believe in the oneness of Nigeria.
Bayelsa State Governor Senator Douye Diri has expressed the confidence that the Peoples Democratic Party, PDP, candidates will be victorious in the Saturday senatorial Bye-elections in the state.

Bayelsa bye-election: Senate is not a place for jokers – Senator Diri

Bayelsa State Governor, Douye Diri, on Saturday, says he is confident that his party’s candidates in the state’s senatorial bye-elections will win the two seats.
Leonardo Bonucci has scored in the 90th minute of the Turin derby to put Juventus ahead at the death.

Juventus hit back to beat Torino

Juventus came from behind to beat Torino 2-1 on Sunday with US midfielder Weston McKennie among the scorers for the first time since he joined the Italian champions on loan.
Mr Babatunde Gbadamosi, Lagos State governorship candidate of the Action Democratic Party (ADP) says it is obvious the people of Osun voted massively for Sen. Ademola Adeleke in the 2018 governorship poll.

Lagos bye-election: Babatunde Gbadamosi’s rigging claims laughable – APC

The All Progressives Congress (APC) has described as laughable the claims by Babatunde Gbadamosi, candidate of the Peoples Democratic Party (PDP) that Saturday’s bye election for Lagos East senatorial district was rigged in favour of Tokunbo Abiru.