Delta, Bayelsa and Akwa Ibom states received nearly three-quarters of the N321.90bn distributed to Nigeria’s oil-producing states under the 13 per cent derivation principle in the first quarter of 2026, underscoring the dominance of the country’s largest crude-producing states in revenue allocation. Analysis of data published by BudgIT Nigeria, using figures from the National Bureau…
A review by SaharaReporters of the Cross River State budget performance document for the first half of 2025 shows that N8 billion was allocated for the construction of a new Assembly complex. This figure exceeds the budgetary provisions for several critical sectors. For example, water facilities are projected to cost N5.7 billion, while hospitals and…
The Ondo State chapter of the Social Democratic Party (SDP) has alleged that the Ondo State Government was unlawfully withholding allocations meant for Local Government (LG) councils in the state. The party described the practice as a blatant violation of fiscal federalism and democratic principles. This is contained in a statement issued by the state…
The Senate Committee on Finance has warned that ministries, departments and agencies (MDAs) of the federal government that fail to provide explanation on their spendings for the 2024 budget will not get funds approved for them in the 2025 budget. The Chairman of the Committee, Sani Musa, said this during an investigative hearing on the…
