“The reported production shortfall was primarily due to issues encountered on the Trans Niger Pipeline, coupled with maintenance activities carried out by some Oil companies operating in Nigeria,” Mr Lokpobiri said. The post Why crude production fell in Q1 – Minister appeared first on Premium Times Nigeria. Powered by WPeMatico
N10.143 trillion shared among Federal, States, LGs in 2023 – NEITI report
The Federal Government received N3.99 trillion, representing 39.37 percent of the total allocation, while the 36 states received N3.585 trillion (35.34 per cent), and the 774 Local Government Councils shared N2.56 trillion (25.28 per cent) The post N10.143 trillion shared among Federal, States, LGs in 2023 – NEITI report appeared first on Premium Times Nigeria. […]
Delta, Rivers highest recipients as FG, states, LGs shared N10 trillion in 2023 – NEITI
“A further analysis of the N10.143 trillion disbursements in 2023 showed an increase of N1.934 trillion or 23.56 per cent when compared to the disbursement of N8.209 trillion shared in 2022. The post Delta, Rivers highest recipients as FG, states, LGs shared N10 trillion in 2023 – NEITI appeared first on Premium Times Nigeria. Powered […]
Explosion: Uzodinma orders security agencies to end illegal oil bunkering in Imo
Nigeria’s oil-producing states receive N57.915bn as 13% oil derivative revenue – FAAC
Nine oil-producing states in Nigeria received N57.915 billion as 13 per cent derivative from mineral revenue in December 2023. Bawa Mokwa, Director of Press and Public Relations at the Office of the Accountant General of the Federation, disclosed this on Tuesday in a communique at the end of the FAAC meeting for January 2024. The […]