fiscal federalism

Nigeria's largest cement producer reported 20.3% revenue growth to N4.31 trillion with profit exceeding N1 trillion for 2025, while President Tinubu's executive order on oil revenue remittance signals major fiscal restructuring.

Federal government initiatives through the National Economic Council aim to enhance sub-national capacity and remove barriers preventing states from maximizing their economic contributions to national growth.

Federal Government seeks phased disbursement mechanisms as petroleum sector restructuring drives substantial increases in state allocations, citing inflation and macroeconomic stability concerns.

Governor Bassey Otu has called on Nigeria's federal government to ensure equitable treatment for Cross River State during the ongoing re-listing process for oil-producing states, citing the state's historical sacrifices for national unity.

Fiscal disputes intensify across the continent as regional governors challenge central authorities over revenue distribution, with Kenya's counties demanding Sh534.96 billion and Nigeria's opposition-led states alleging political discrimination in federal disbursements.

Nigeria's Federal Government has announced a cost-sharing framework requiring states and local governments to co-fund electricity subsidies, marking a significant restructuring of power sector financing amid mounting fiscal pressures.

As Osun State defends its handling of withheld federal allocations to local governments, FCT Minister Nyesom Wike argues that Nigeria's democracy must be measured by tangible service delivery rather than electoral processes alone.