There are indications that State Governments are intensifying their revenue generating ability, probably to reduce over reliance on the federal allocation which began a downward trend, month-on-month in the past six months. Early reports from five states of the federation for the fiscal year ended December 31, 2014 also shows some of the states posting over 100 per cent rise in their internally generated revenue (IGR) profile over the five year period (2010-2014) under review.

A total of 1, 219, 052 jobs were created in the Nigerian economy by both public and private sectors in the year 2014. The figures as contained in the latest estimate of jobs creation report of the National Bureau of Statistics (NBS) shows a marginal increase of 4.5 per cent against the total 1,163, 766 jobs created in 2013.

Nigerian real estate sector has been projected to grow at an average rate of 10 percent over the next few years, according to a report by Nigeria Real Estate Guide, a publication of Detail Commercial Solicitors, a Lagos-based commercial law firm with an active real estate and construction practice.

Lagos—Lagos State Government has accused the management of the state-owned parastatals of non- remittance of 15 per cent Contributory Pension Funds into the Retirement Savings Account, RSA of staff, being managed by the Pension Fund Administrators, PFAs in the state.

The Managing Director of Enugu Water Corporation, Mr. Chibuzo Aka, has been sacked by Governor Sullivan Chime for allegedly failing to heed executive order directing him to hand over to officials of AG God Trust Limited, the private firm the corporation was given in concession for 25 years.