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Article Breaking business

States Ignore Autonomy Ruling, Retain N1.46 Trillion LG Funds

  State governments received N1.46 trillion meant for local government councils in the first quarter of 2026, despite the Supreme Court judgment granting financial autonomy to the third tier of government, findings by The PUNCH have revealed.   Data from Federation Account Allocation Committee (FAAC) reports, the Office of the Accountant-General of the Federation, and […]

Article Breaking business

Chinese Firms to Run Warri, Port Harcourt Refineries, Says NNPC

  The Nigerian National Petroleum Company Limited (NNPC Ltd) has signed a Memorandum of Understanding (MoU) with two Chinese firms for the restart, operation and expansion of the Warri and Port Harcourt refineries.   In a statement on Monday, NNPC’s Chief Corporate Communications Officer, Andy Odey, said the agreement was signed with Sanjiang Chemical Company […]

News Politics

Tinubu Reinvigorating Fiscal Federalism Through Grassroots Reforms, Says Atoyebi 

The Convener of the Bola Ahmed Tinubu Ideological Group has described President Bola Ahmed Tinubu as the “architect of modern fiscal federalism,” citing a series of decentralisation policies aimed at strengthening grassroots governance and redistributing economic power across Nigeria. In a detailed statement, the Convener said Tinubu’s approach to fiscal federalism — defined as the […]