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FG, States and LGs share N954bn In July
The Federation Account Allocation Committee (FAAC) has shared a total sum of N954.085 billion Federation Account Revenue to the Federal Government, States and Local Government Councils in July 2022. According to a communiqué issued, N954.085 billion total distributable revenue comprised distributable statutory revenue of N776.918 billion and distributable Value Added Tax (VAT) revenue of N177.167…
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Tracking The Timeline Of ASUU Strike
On May 25. 2022, the Academic Staff Union Of Universities industrial action strike clocked 100 days. The strike which began on February 14, was extended for an additional 12 weeks in May after the union said the federal government had failed to reach an agreement over pending issues raised. Emmanuel Osodeke, the national president of…
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ASUU Strike: The Standard of Government Funded Universities
The Academic Staff University Union(ASUU) was established in 1978 to oversee the academic staff in all Federal and state universities in the country. The Union has a history of active struggles against the government, which they generally made known by embarking on strike actions. These actions have been happening for as far back as 1988.…
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Petrol: Subsidy And Pump Prices in Nigeria
The oil and gas industry has been a significant source of service to the Nigerian economy since 1956. Agriculture was the major source of Nigeria’s revenue through the exportation of cash crops such as rubber, hide and skin, groundnut, oil and palm kernels, cocoa, and coffee before the discovery of petroleum in Oloibiri, in the…