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3 stories
πŸ‡³πŸ‡¬ Punch
National & Local

LP, NNPP caution FG, governors over FAAC windfall

The New Nigeria Peoples Party and Labour Party have warned the Federal Government and state governors against mismanagement of the recent FAAC windfall, emphasizing that increased revenue has not improved governance or living conditions for Nigerians.

Feb 7 β€’ 00:04 UTC
πŸ‡³πŸ‡¬ Punch
National & Local

GenCos dispute power subsidy claims as govt targets FAAC

Nigerian generation companies are disputing the existence of electricity subsidies as the government plans to distribute subsidy costs among different levels of government from 2026.

Feb 5 β€’ 00:00 UTC
πŸ‡³πŸ‡¬ Punch
National & Local

Big money, small impact: Govs face fire over N9tn FAAC windfall

State governors in Nigeria are under criticism for their handling of a N9tn windfall from the Federation Account, as many believe this substantial revenue increase has not translated into significant welfare improvements for citizens.

Feb 3 β€’ 00:01 UTC

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