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FG, States, LGs share N619.3bn for December 2020

The Federal Government, States and Local Government Councils (LGCs) have shared N619.343 billion as federation allocation for December, 2020. Mr Hassan Dodo, Director of Information, Ministry of Finance, Budget and National Planning announced this on Wednesday in Abuja. Dodo said the allocation was released after a virtual conference of the Federation Accounts Allocation Committee (FAAC).
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2021 budget

2021 Budget: Allocation to capital expenditure worrisome ― Uwaleke

…Says exchange rate benchmark unrealistic By Michael Eboh Professor of Finance and Capital Market of the Nasarawa State University, Keffi, Uche Uwaleke, has faulted the Federal Government’s allocation of about N2 trillion for capital expenditure in the 2021 budget, describing it as worrisome. In his reaction to Federal Executive Council’s, FEC, approval of the budget
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