The Federal Government has commenced the implementation of Executive Order 9 of 2026, which mandates the direct remittance of oil revenues to the Federation Account Allocation Committee. The Minister of Finance and Coordinating Minister of the Economy, Wale Edun, disclosed this in a statement issued on Monday, detailing key resolutions …
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Derin Phillips: 4 Best Tips on How To Save or Invest With a Low Income
It is almost impossible to live within your means when you’re a low income earner. Spending seems way easier than saving or investing and you probably feel you deserve much more than you currently earn. With a low income or minimum wage, it can be a struggle prioritizing saving, investing, …
Read More »FG Pays 20 Whistleblowers N375.8M
THE Federal Government has paid twenty whistleblowers, whose information led to the recovery of about N11.635 billion loot, in line with the Federal Government’s reward package on the whistleblower policy. They were paid a total of N375.8 million. Minister of Finance, Mrs. Kemi Adeosun, who disclosed this, in Abuja, on …
Read More »Lagos generated N436bn internal revenue in 2016
The Lagos State Government generated N436.3 billion internal revenue in 2016 from the N399.4 billion realised in 2015. The state realised N7 billion from Land Use Charge (LUC) in 2016 against N6 billion in 2015. Mr Akinyemi Ashade, the state Commissioner, Ministry of Finance, made the disclosure at the ministry’s …
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