The Federal Government has said it will invest $2.9tn in its infrastructure stock as part of plans to address the infrastructure deficit in the country. The Minister of State for Finance, Dr. Yerima Ngama, said this in Lagos on Monday at an infrastructure roundtable organised by the Securities and Exchange […]
Tag: Federal
Federation Account 2012: How They Shared N10.8 Trillion
The Economic Confidential Magazine provides the detailed tables of allocations of 10.8 trillion to Federal, States and Local Governments in Nigeria, between January 2012 & December 2012 from the monthly disbursements from the Federation Account. The allocations were made from Statutory, VAT, 13% Derivation, Foreign Excess Crude Account, Refunds from […]