STATES FACE ALLOCATION CUTS AS AGENCY DEMANDS N100BN MONTHLY. (PHOTO).

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 States face allocation cuts as agency demands N100bn monthly  The monthly statutory allocations to state governments from the federation account may decline in the coming months following an official request by the Nigeria Sovereign Investment Authority to boost the nation’s residual funds with the support of N100bn monthly. The request, which was presented by the Managing Director and Chief Executive Officer of NSIA, Aminu Umar-Sadiq, is aimed at unlocking large-scale investments to drive Nigeria’s economic growth. He made the request at the March revenue-sharing meeting of the Federation Account Allocation Committee held between April 14 and 15, 2025. Our correspondent obtained a copy of his presentation during the meeting on Friday. Umar-Sadiq appealed to the committee, which includes state commissioners of finance, to consider and approve the request, with funding proposed to commence from the March FAAC allocation. The presentation was titled, “Activating Residual Fundin...

GLORIA MBA ,MARY UCHE AND OTHERS,AWARDED BY OHAFIA PEOPLE.

                                                     These December 30th was a season of awards and honour ,as the likes of Gloria Mba,Mary Uche,Joyce Kalu,Jeff Ogboso,Kalu Anya and the first lady of Abia state were all Awarded as they are all seen as role models in the state.The Award was organised by Solid Stars Celebrity Modeling Resources,that is owned by Ikechukwu Nkata.The venue was at Ohafia Local government.The aim of the award is promoting Ohafia culture through Entertainment and Modeling.I must say a big congratulation to them.               

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