The National Bureau of Statistics (NBS) has released its comprehensive reports on fuel prices, revealing an alarming surge in October 2023 compared to previous years. The average retail price of petrol experienced a substantial upswing from N195.29 in October 2022 to a staggering N630.63 in the same month of 2023, marking a significant 222.92 per Read More…
Tag: States
Nigeria allocates ₦180 billion to tackle food shortages amid reforms
In a concerted effort to alleviate the impacts of food shortages and hardships stemming from ongoing reforms, Nigeria has sanctioned a substantial sum of 180 billion naira ($235 million) for its 36 states. This financial injection is intended to enable the procurement of rice and maize, essential staples that have witnessed escalating prices due to Read More…
FG, States, LGCs share FAAC’s N639.9bn for Sept
The Federal Government, states and local government councils have shared N639.901 billion for the month of September, Mr Aliyu Ahmed, Permanent Secretary, Ministry of Finance, Budget and National Planning, has said. Mr Hassan Dodo, Director of Information in the ministry, quoted Ahmed as disclosing this in a statement issued at the end of the Federation Read More…