• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Saturday, June 7, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

States Owe FG N16.6bn, Says Edun

by Jonathan Nda-Isaiah
6 months ago
in News
Share on WhatsAppShare on FacebookShare on XTelegram

States across Nigeria owe the federal government a total of N16.6 billion, finance minister, Wale Edun, has said.

Advertisement

He disclosed this to State House correspondents after the National Economic Council (NEC) meeting in Abuja yesterday.

In his presentation on the federation’s financial accounts, Edun outlined the financial balances of key federal accounts as of December 10.

He reported that while states collectively hold surplus funds amounting to N363.4 billion with the federal government, they also carry a combined deficit of N16.6 billion.

Additionally, Edun provided updates on special accounts, including:The Excess Crude Account, which holds just over $400,000. The Stabilization Account, with a balance of N33.3 billion. The Development of Natural Resources Account, standing at N23 billion.

RELATED

Expert Calls For Urgent Action On Neonatal Jaundice In Nigeria

Expert Calls For Urgent Action On Neonatal Jaundice In Nigeria

31 minutes ago
tinubu

Fuel Subsidy Removal Saved Nigeria From Bankruptcy – NOA

42 minutes ago

The minister emphasized the significance of transparency in managing these accounts and ensuring that states address their outstanding obligations to the federal government.

Edun also highlighted a presentation by the Presidential Food Systems Coordination Unit (PFCU), chaired by Vice President Kashim Shettima.

The unit outlined its initiatives aimed at strengthening Nigeria’s agricultural sector, including the National Crisis Response Plan, the Green Imperative Project, and a National Agricultural Production Planning Mechanism.

The council resolved to support the unit’s efforts and requested a summary of its key achievements to be presented at the next NEC meeting.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Federal GovernmentKashim ShettimaWale Edun
SendShareTweetShare
Previous Post

Insecurity: We’re Ready For State Police – Governors

Next Post

Wike Donates Vehicles To Security Agencies, Warns On Land Grabbing

Jonathan Nda-Isaiah

Jonathan Nda-Isaiah

You May Like

Expert Calls For Urgent Action On Neonatal Jaundice In Nigeria
News

Expert Calls For Urgent Action On Neonatal Jaundice In Nigeria

2025/06/07
tinubu
News

Fuel Subsidy Removal Saved Nigeria From Bankruptcy – NOA

2025/06/07
Netizens React To Nigerian Prophet’s ‘Healing’ Of Dumb, Paralysed Man After 36 Years In US
News

Netizens React To Nigerian Prophet’s ‘Healing’ Of Dumb, Paralysed Man After 36 Years In US

2025/06/07
Gov Zulum Donates N100m To Wounded Soldiers, Families Of Slain Troops
News

Gov Zulum Donates N100m To Wounded Soldiers, Families Of Slain Troops

2025/06/07
Justice Uwais: Nigeria Lost Statesman Of Unimpeachable Character, Say Northern Senators
News

LP Mourns Late CJN Uwais, Seeks Implementation Of Report On Electoral Reforms

2025/06/07
‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Minister’s Aide’s Claims
News

‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Minister’s Aide’s Claims

2025/06/07
Leadership Conference advertisement

LATEST

Expert Calls For Urgent Action On Neonatal Jaundice In Nigeria

Fuel Subsidy Removal Saved Nigeria From Bankruptcy – NOA

Netizens React To Nigerian Prophet’s ‘Healing’ Of Dumb, Paralysed Man After 36 Years In US

Gov Zulum Donates N100m To Wounded Soldiers, Families Of Slain Troops

LP Mourns Late CJN Uwais, Seeks Implementation Of Report On Electoral Reforms

Tennis: Gauff Beats Sabalenka To Win French Open Title

‘I Never Begged Wike For Money’, TV Anchor Reuben Abati Refutes FCT Minister’s Aide’s Claims

Singer Darey Art Alade, Wife Escape Unhurt After Their Car Catches Fire On 3rd Mainland Bridge

Civil War Was For Unity, Not Hatred — Gowon

Nnamdi Kanu Is Prisoner Of Conscience — IPOB

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.