DATA collated by BudgIT, a non-governmental civic organisation, has shown that 4 out of the 6 South-West states in Nigeria implemented 80 per cent of their budgets for the 2022 fiscal year.

The Federation Account Allocation Committee (FAAC) has shared a total sum of N714.629 billion March 2023 Federation Account Revenue to the Federal, States and Local Governments.

The National Economic Council, NEC, has agreed that the timing for the removal of oil subsidy should not be now but preparation work has to be done in consultation with the State Governments and other key stakeholders.

The National Bureau of Statistics (NBS), says Nigeria’s headline inflation rate increased to 22.04 per cent on a year-on-year basis in March 2023.