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Politics
June 15, 2026

FG, States, LGs Share N2.257tn April Revenue – FAAC

The Federal Government, state governments and local government councils shared a total of N2.257 trillion from the Federation Account as revenue allocation for April 2026.   The disclosure was made in a statement issued on Monday by the Director of
Energy and Power
April 15, 2026

FG incurs N418bn power subsidy in Q4 2025 — NERC

ABUJA — The Federal Government recorded a subsidy obligation of N418.79 billion in the power sector in the fourth quarter of 2025, according to the Nigerian Electricity Regulatory Commission.   Data contained in NERC’s Q4 2025 report showed the figure