Ogun government on Wednesday disclosed that a total sum of N3.4bilion allocated to the State Local Government Areas from the Federal Government Allocation has been disbursed to all 20 Councils for the month of August 2021.
The official website of the upcoming Central Bank of Nigeria’s (CBN) digital currency, the eNaira, has gone live, exactly one week to the planned launch of the initiative.
The Senate has approved the 2022-2024 Medium-Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), just as it pegged oil price benchmark at 57 dollars per barrel.
Opponents of States’ collection of Value Added Tax, VAT, have got a reply. It will not impoverish other States and make collection cumbersome, Commissioner for Information and Strategy, Mr. Gbenga Omotoso has said.