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• SERAP has issued 7-day ultimatum to 36 governors and FCT to return local government funds which they have collected over the years

• Nigeria's FAAC has shared the sum of 1.208 trillion Naira as revenue for April among FG, states and LGCs

• Nigerian Government sues British American Tobacco, demands N10.6 trillion for healthcare costs linked to smoking-related diseases

• SERAP has asked Nigerian Government to probe all 36 states public funds used to pay tuition of their children

• Federal Government has deducted over N415bn from state government allocations to service external loans, according to reports

• N966.1 billion has been shared by the federal, state and local governments of the federation as allocation

• FAAC Distributes N722.677 Billion Revenue Among States and Local Governments in February 2023 — N269.063 billion for FG, N236.464 billion for States and N173.936 billion for LGAs..

• Nigeria's President Buhari signs bill into law allowing states to generate and distribute electricity...

• Nigerian Supreme Court Nullifies Ban on Old Banknotes, Extends Validity Until Year End — In a landmark ruling on Friday, the Supreme Court of Nigeria declared the ban on the use of old N200, N500 and N1000 banknotes as legal tender null and void.

• Centre for Reform and Advocacy has criticized the actions of some APC governors for contradicting the directive of President Buhari...

• Supreme Court has adjourned the case on naira swap policy of CBN till Wednesday, February 22 for hearing...

• No fewer than 707 inmates were pardoned by the Federal and state governments in 2022...

• Federal government of Nigeria on Wednesday blamed state governors for the rising rate of poverty...

• Premium Times Headline – Appeal Court validates EFCC’s freezing order on state governments’ accounts..

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Top Ten Trends and Articles This Week:

  • • Naira Exchange Rates: Conversion of United States Dollar (USD), British Pound Sterling (GBP), and European Euro (EUR) to Nigerian Naira (NGN) at CBN Rates (NFEM) - Nigeria Currency Converter Calculator
  • • Processed meat 'linked to pancreatic cancer' - Research Study
  • • Egypt arrests top member of Sinai jihadist group
  • • Highest currency in Nigeria cannot buy a loaf of bread - Nigerian Actress Linda Osifo speaks out
  • • Ebola: US Health workers worry hospitals aren't protecting them
  • • American doctor infected with Ebola virus
  • • White woman sues over sperm donor from black man
  • • Nigeria season of open letters, Iyabo Obasanjo writes father
  • • EFCC Arrests and Arraigns Influencer “Blessing CEO” Over Alleged N36m Fraud in Lagos
  • • Several injured after train derails in Kenya
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