Enugu State Governor Peter Mbah has attributed the state’s significant infrastructure growth to the increased financial support provided to subnational governments under President Bola Tinubu’s administration. Governor Mbah made these remarks while hosting the “Renewed Hope Ambassadors,” a delegation currently conducting a media tour of the South-East to showcase collaborative federal and state government projects.....KINDLY READ THE FULL STORY HERE▶

Governor Mbah emphasized that the federal administration has been deliberate in its goal to build a trillion-dollar economy by strengthening the “periphery” rather than relying on a top-down approach. Key takeaways regarding the state’s improved financial standing include:

• Resource Liberation: Policies such as the removal of fuel subsidies, exchange rate unification, and tax reforms have freed up essential resources, allowing states to fund capital projects that were previously impossible to sustain.

• Financial Flexibility: Unlike in the past, where governors often exhausted federal allocations just to cover salaries, the current fiscal environment provides the state with the necessary capital to invest in development.

• Educational Relief: The implementation of the Nigerian Education Loan Fund (NELFund) has significantly reduced the financial burden of state-sponsored scholarships, allowing the government to reallocate those funds toward other urgent needs.

Infrastructure and Governance During the visit, which was led by presidential aides Bayo Onanuga and Sunday Dare, the delegation inspected several high-impact projects, including the Flyover Interchange Bridge at Abakpa Junction and the reconstruction of the 38.6-kilometre Enugu-Onitsha-Port Harcourt road.

Governor Mbah also highlighted his administration’s investments in security architecture, which he noted has fostered a safer climate for investment, and the construction of the Enugu International Specialist Hospital, aimed at curbing medical tourism. Addressing claims of regional neglect, Bayo Onanuga stated that President Tinubu has not ignored any part of the country, asserting that the tangible progress in Enugu serves as evidence of the positive results produced by strong federal-state partnerships.

In June 2026, the Federation Account Allocation Committee (FAAC) announced the distribution of ₦2.3 trillion in revenue to the three tiers of government, marking an increase from the ₦2.25 trillion shared in April. Bawa Mokwa, the Director of Press and Public Relations at the Office of the Accountant-General of the Federation, confirmed that this amount includes ₦1.611 trillion in statutory revenue and ₦688.785 billion from Value Added Tax (VAT).....KINDLY READ THE FULL STORY HERE▶

• Total Revenue: The total gross revenue for May reached ₦3.39 trillion.

• Adjustments: Before distribution, ₦123.54 billion was deducted for collection costs, and ₦971.61 billion was accounted for through transfers and refunds.

• Statutory vs. VAT Performance: While gross statutory revenue rose by ₦273.62 billion to reach ₦2.65 trillion, VAT revenue experienced a decline, falling by ₦62.94 billion from April’s ₦806.61 billion to ₦743.66 billion in May.

Distribution to Government Tiers From the total ₦2.3 trillion distributable pool, the allocation was divided as follows:

• Federal Government: Received ₦818.68 billion total.

• State Governments: Received ₦759.14 billion total.

• Local Government Councils: Received ₦534.27 billion total.

• Derivation Revenue: Benefiting states were allocated ₦188.132 billion, representing 13 percent of mineral revenue.

Detailed Breakdown of Revenue Sources

• Statutory Revenue (₦1.611 trillion total): The Federal Government received ₦749.801 billion, states received ₦380.309 billion, and local governments received ₦293.202 billion.

• VAT Revenue (₦688.785 billion total): The Federal Government received ₦68.87 billion, states received ₦378.83 billion, and local governments received ₦241.07 billion.

Mokwa noted that while collections for Companies Income Tax, Petroleum Profit Tax, oil and gas royalties, and several other duties saw notable growth, there was a recorded downturn in collections for VAT, excise duty, and Common External Tariff levies.

Senator Ireti Kingibe, representing the Federal Capital Territory, has publicly denied endorsing a committee report that called for the suspension of Senator Natasha Akpoti-Uduaghan. In an interview on Arise Television, Kingibe explained that she did not review or authorize the report, noting that she had departed from the committee meeting early to attend a tax reform retreat she deemed more vital for her constituents. Although she confirmed that a photocopy of her signature appears on the document, she clarified that she did not personally sign it and had previously expressed her frustrations to Senate leadership—specifically Senator Barau—regarding her inability to access the report. Highlighting concerns over Senate protocols, Kingibe asserted that lawmakers should be required to read reports before signing them, rather than being asked to sign documents they have not reviewed.....KINDLY READ THE FULL STORY HERE▶

Senator Ireti Kingibe has clarified her stance on the committee report recommending the suspension of Senator Natasha Akpoti-Uduaghan, stating she never reviewed or endorsed the findings.

• Absence: Kingibe noted that she left the committee meeting early to attend a tax reform retreat and assumed other members would handle the proceedings.

• Signature Dispute: While acknowledging a photocopy of her signature is on the report, she insisted she never personally signed it.

• Procedural Critique: She criticized the Senate’s process, arguing that members should have the opportunity to read reports thoroughly before they are finalized, noting that she had previously complained to the Senate leadership about being denied access to the document.