OPINION/EDITORIAL

FAAC Disburses N760Bn to All Government Tiers in September 2022

November 1, 2022/CSL Research Based on a Business Day news report, the federal government, states, and local government councils received N760.235bn in September 2022 from the Federation Account Allocation Committee (FAAC). According to the report, of the total distributable revenue of N760.235bn the Federal Government received N294.244bn, the states received […]

Moving Forward in Our Lane: Remarks at the Inaugural ECGI Responsible Capitalism Summit

Brussels, Belgium Oct. 21, 2022 Introduction It is a pleasure to be here today at the Inaugural ECGI Responsible Capitalism Summit. Coincidentally, this is my inaugural trip overseas as a Commissioner. I came into office in the midst of the global pandemic, so I have not had the opportunity to […]

External Debt Service Costs Still Manageable in Q2 2022

October 28, 2022/FBNQuest The DMO’s most recent quarterly publication on external debt service shows that the FGN’s external debt service payments amounted to USD598m in Q2 ‘22. A breakdown shows that the total comprised of USD457m and USD141m for market and non-market related debt service payments respectively. The amount is […]