Trending News: Tribunal upholds FCCPC’s $220m fine against Meta, WhatsApp₦47bn Yearly Power Bill Unsustainable, FG Explains Aso Rock Solar InstallationAbducted Kaduna Catholic priest regains freedomMore Nigerians Expected To Fall Into Poverty By 2027 – World BankTikTok Videos Exploit Trade War To Sell Fake Luxury GoodsGunmen Kidnap Many Travellers In BenueCourt okays arrest warrant for six CBEX scam suspectsDAILIES TOP STORIES: NEC postpones state police talks despite surge in killingsVideo does not show 22 Igbo men hanged in Indonesia for drug traffickingNiMet workers suspend strikeBandits abduct Catholic priest in Kaduna —they killed another cleric last timeSEC asks Nigerians to report Ilegal investment schemesFBI: $9.3bn lost to crypto-related fraud in 2024 — up by 66%Nigerian Varsity Dismisses Lecturer Over Sexual HarassmentTraffickers abduct four year-old boy in Abuja while hawking vegetables, plan to sell him for N2m in OwerriNigerian-born US citizen indicted for $690k wire fraud, false citizenship claimRivers sole administrator warns against protestsN1.3bn fraud’: Jude Okoye released after two months in prison12 US states sue Trump over tariffsCourt orders 54 banks to return N9.3bn stolen by hackersTwo killed, 20 farms destroyed in fresh Plateau attackAir Peace suspends flight operations nationwideFG releases N50bn to settle ASUU, other varsity staff allowancesOborevwori, Okowa, others dump PDP for APCDAILIES TOP STORIES: INEC moves to legalise voting without PVCJollof rice now costs N25,486 per pot — ReportIPoB claims it has been unfairly blamed for insecurity in Imo StateNiMet workers begin indefinite strike, shut down meteorological servicesNo evidence that Finnish court has approved Simon Ekpa’s extradition to Nigeria in JulyNo! Cameroun Not First African Nation To Experience Snow FallBiafra agitators circulate AI photo of their leader’s meeting with Russia’s presidentViral video of policeman weeping over hardship not recentGovernor says killers of Benue residents are foreignersDAILIES TOP STORIES: Niger govt imposes curfew; 11 killed afresh in Benue as insecurity worsensPolice inspector shoots self dead in RiversGunmen kill seven in Kwara attacksTunji-Ojo orders probe into alleged N5.2m extortion by NSCDC officers in EkitiTwo children feared killed in Kaduna explosionGhana President Suspends Supreme Court Chief JusticeGunmen kill 4 in Bayelsa communityNigerian man who stole Covid funds avoids UK deportation over children’s autism claimsFire razes Osun court, destroys sensitive documentsPirates kill Rivers fashion designer after N2m ransomDAILIES TOP STORIES: UK records 22,000 Nigerian asylum seekersBenue killings: Death toll hits 72Truck accident kills five during Easter processionTerrorists kill 70 soldiers in Benin RepublicNigerian governor says allowing citizens to defend themselves will lead to lawlessnessMany protest in Plateau over killingsPope Francis dies at 88INVESTIGATION: More Residents Lament State Of Schools In Imo Communities War On Terror: Ekpa’s boys in blame game, as security forces neutralize “Onowu”, two othersPolice officers steal ₦350,000 from traveller at checkpoint in ImoTwo filmmakers die in Owerri while celebrating successful shootInsecurity: We have become a people under siege – Archbishop of OwerriTIMELINE: Over 200 Nigerians Killed in Fulani Herdsmen Attacks in one monthEaster Bloodbath Averted as NSCDC Nab Gunman Plotting Church AttackGunmen kidnap seven passengers in KwaraAnambra Land Dispute: Developer Petitions AIG, Calls for protection of his life, propertyNigerian Uber driver shot dead in USOver 100 inmates escape Chad prison in deadly shoot-out, gov woundedNEWS EXTRA: Nigeria gradually becoming a national morgue – KukahUS Supreme Court stops Trump from deporting migrantsNDLEA intercepts Saudi-bound cocaine concealed in religious booksLand Owners Drag Orlu Catholic Diocese, Imo Govt to Court Over Forceful AcquisitionSERAP sues NBC over ‘arbitrary ban’ on Eedris Abdulkareem’s songMan, lover found dead in Kogi community12 rescued as death toll from Lagos building collapse rises to fiveDAILIES TOP STORIES: Security chiefs under fire over mass killingsPolice detain social media influencer for criticizing Borno government officialDeath toll in Benue killings rises to 56At least 143 dead in DR Congo boat firePhoto showing Ex Kano gov Kwankwaso wearing Tinubu’s “signature hat’ alteredAmid resurgence of terrorism in northern Nigeria, social media users recycle old videos of soldiers lamenting to create panicMany trapped as building collapses in LagosPolice Complete Extradition Of Man Who Killed Girlfriend And Fled To QatarEnugu Airport shut over bad runway390 ex-Boko Haram members complete FG’s rehabilitation programmeTwo Feared Dead, One Abducted In Bandits Attack On Kano Village MarketBoy who stood in front of Obi’s convoy arrested over street fight -PoliceDAILIES TOP STORIES: How CBEX promoters used EFCC, CAC certificates to deceive 600,000 investorsDeaths toll rises to 17 in fresh multiple attacks on Benue communitiesWAEC revokes licenses of 574 schools over exam malpracticesISWAP terrorists’ blow up bridge in Yobe, cut off two communitiesNDLEA team attacked during raid in AbujaNigerian gov vows death for kidnapersTinubu’s economic reforms yet to ease poverty in Nigeria — IMFSuspected herders attack another Benue community, kill ten on Good FridayInvestors drags ex-Anambra police CP Adeoye to court over club’s N1.4bnNew terror group, Mahmuda, emerges in Nigeria’s North-Central, kill manyThree IPoB members detained, over N10.3m recoverd by police in ImoBoko Haram attacks Borno community, kills two soldiers, many civiliansBoy who stood in front of Obi’s convoy freed after three months in detentionWhatsApp to cut off millions of Nigerians using older phones — ReportPolice identify officers receiving money from Chinese in viral video, promise sanctionHundreds of Boko Haram suspects arrested in Lagos — CJTFScores killed as Boko Haram attacks Adamawa communitiesSix Nigerian tourists detained in Cape Verde, accused of human traffickingGunmen invade three Benue communities againAudit report uncovers over 500 ghost workers in Osun
Fri. Apr 25th, 2025 5:33:27 PM
Trending News: Tribunal upholds FCCPC’s $220m fine against Meta, WhatsApp₦47bn Yearly Power Bill Unsustainable, FG Explains Aso Rock Solar InstallationAbducted Kaduna Catholic priest regains freedomMore Nigerians Expected To Fall Into Poverty By 2027 – World BankTikTok Videos Exploit Trade War To Sell Fake Luxury GoodsGunmen Kidnap Many Travellers In BenueCourt okays arrest warrant for six CBEX scam suspectsDAILIES TOP STORIES: NEC postpones state police talks despite surge in killingsVideo does not show 22 Igbo men hanged in Indonesia for drug traffickingNiMet workers suspend strikeBandits abduct Catholic priest in Kaduna —they killed another cleric last timeSEC asks Nigerians to report Ilegal investment schemesFBI: $9.3bn lost to crypto-related fraud in 2024 — up by 66%Nigerian Varsity Dismisses Lecturer Over Sexual HarassmentTraffickers abduct four year-old boy in Abuja while hawking vegetables, plan to sell him for N2m in OwerriNigerian-born US citizen indicted for $690k wire fraud, false citizenship claimRivers sole administrator warns against protestsN1.3bn fraud’: Jude Okoye released after two months in prison12 US states sue Trump over tariffsCourt orders 54 banks to return N9.3bn stolen by hackersTwo killed, 20 farms destroyed in fresh Plateau attackAir Peace suspends flight operations nationwideFG releases N50bn to settle ASUU, other varsity staff allowancesOborevwori, Okowa, others dump PDP for APCDAILIES TOP STORIES: INEC moves to legalise voting without PVCJollof rice now costs N25,486 per pot — ReportIPoB claims it has been unfairly blamed for insecurity in Imo StateNiMet workers begin indefinite strike, shut down meteorological servicesNo evidence that Finnish court has approved Simon Ekpa’s extradition to Nigeria in JulyNo! Cameroun Not First African Nation To Experience Snow FallBiafra agitators circulate AI photo of their leader’s meeting with Russia’s presidentViral video of policeman weeping over hardship not recentGovernor says killers of Benue residents are foreignersDAILIES TOP STORIES: Niger govt imposes curfew; 11 killed afresh in Benue as insecurity worsensPolice inspector shoots self dead in RiversGunmen kill seven in Kwara attacksTunji-Ojo orders probe into alleged N5.2m extortion by NSCDC officers in EkitiTwo children feared killed in Kaduna explosionGhana President Suspends Supreme Court Chief JusticeGunmen kill 4 in Bayelsa communityNigerian man who stole Covid funds avoids UK deportation over children’s autism claimsFire razes Osun court, destroys sensitive documentsPirates kill Rivers fashion designer after N2m ransomDAILIES TOP STORIES: UK records 22,000 Nigerian asylum seekersBenue killings: Death toll hits 72Truck accident kills five during Easter processionTerrorists kill 70 soldiers in Benin RepublicNigerian governor says allowing citizens to defend themselves will lead to lawlessnessMany protest in Plateau over killingsPope Francis dies at 88INVESTIGATION: More Residents Lament State Of Schools In Imo Communities War On Terror: Ekpa’s boys in blame game, as security forces neutralize “Onowu”, two othersPolice officers steal ₦350,000 from traveller at checkpoint in ImoTwo filmmakers die in Owerri while celebrating successful shootInsecurity: We have become a people under siege – Archbishop of OwerriTIMELINE: Over 200 Nigerians Killed in Fulani Herdsmen Attacks in one monthEaster Bloodbath Averted as NSCDC Nab Gunman Plotting Church AttackGunmen kidnap seven passengers in KwaraAnambra Land Dispute: Developer Petitions AIG, Calls for protection of his life, propertyNigerian Uber driver shot dead in USOver 100 inmates escape Chad prison in deadly shoot-out, gov woundedNEWS EXTRA: Nigeria gradually becoming a national morgue – KukahUS Supreme Court stops Trump from deporting migrantsNDLEA intercepts Saudi-bound cocaine concealed in religious booksLand Owners Drag Orlu Catholic Diocese, Imo Govt to Court Over Forceful AcquisitionSERAP sues NBC over ‘arbitrary ban’ on Eedris Abdulkareem’s songMan, lover found dead in Kogi community12 rescued as death toll from Lagos building collapse rises to fiveDAILIES TOP STORIES: Security chiefs under fire over mass killingsPolice detain social media influencer for criticizing Borno government officialDeath toll in Benue killings rises to 56At least 143 dead in DR Congo boat firePhoto showing Ex Kano gov Kwankwaso wearing Tinubu’s “signature hat’ alteredAmid resurgence of terrorism in northern Nigeria, social media users recycle old videos of soldiers lamenting to create panicMany trapped as building collapses in LagosPolice Complete Extradition Of Man Who Killed Girlfriend And Fled To QatarEnugu Airport shut over bad runway390 ex-Boko Haram members complete FG’s rehabilitation programmeTwo Feared Dead, One Abducted In Bandits Attack On Kano Village MarketBoy who stood in front of Obi’s convoy arrested over street fight -PoliceDAILIES TOP STORIES: How CBEX promoters used EFCC, CAC certificates to deceive 600,000 investorsDeaths toll rises to 17 in fresh multiple attacks on Benue communitiesWAEC revokes licenses of 574 schools over exam malpracticesISWAP terrorists’ blow up bridge in Yobe, cut off two communitiesNDLEA team attacked during raid in AbujaNigerian gov vows death for kidnapersTinubu’s economic reforms yet to ease poverty in Nigeria — IMFSuspected herders attack another Benue community, kill ten on Good FridayInvestors drags ex-Anambra police CP Adeoye to court over club’s N1.4bnNew terror group, Mahmuda, emerges in Nigeria’s North-Central, kill manyThree IPoB members detained, over N10.3m recoverd by police in ImoBoko Haram attacks Borno community, kills two soldiers, many civiliansBoy who stood in front of Obi’s convoy freed after three months in detentionWhatsApp to cut off millions of Nigerians using older phones — ReportPolice identify officers receiving money from Chinese in viral video, promise sanctionHundreds of Boko Haram suspects arrested in Lagos — CJTFScores killed as Boko Haram attacks Adamawa communitiesSix Nigerian tourists detained in Cape Verde, accused of human traffickingGunmen invade three Benue communities againAudit report uncovers over 500 ghost workers in Osun
Fri. Apr 25th, 2025 5:33:27 PM

Debt servicing finally surpasses revenue as FG releases Q1 data

 

The cost of servicing debt surpassed the federal government’s retained revenue by N310 billion in the first four months of 2022.

This is contained in the 2022 fiscal performance between January and April released by the minister of finance, budget and national planning on Thursday.

According to the document, the federal government’s total revenue for the period was N1.63 trillion, while debt service gulped N1.94 trillion.

More to follow…

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