With almost 40 days into the new year, state governors are already setting the estimation for their financial expenditure. Being an electioneering year, some state governments might either hand over to a new government or transition Read More
During the ministerial presentation of the 2023 budget, the Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, said that the Federal Government has recorded a deficit of N5.33 trillion between January and August 2022, which Read More
Nigeria’s spending on special projects targeted at stimulating economic growth is projected to rise to N7.7 trillion by 2025. This is about 68.1 percent from N4.58 trillion in 2021. The funding programme will be by sovereign guarantees Read More
The Ifako Okoyong community, like several others in Cross River State, is littered with water scheme projects but the people are unable to access potable water for years.. Kehinde Ogunyale reports. Mary Read More
Nigeria has recorded a shortfall of N2.8 trillion in independent revenue from the federal government revenue generating agencies between 2015 and 2020. An analysis of data from the Budget Office has shown that over the years, many Read More
Between 2017 and 2022, the Nigerian National Assembly had increased the budget expenditure by a total of N1.915 trillion. While several controversies– including budget padding, repetition of projects, unnecessary allocation of funds– trail these increases yearly, the Read More
According to data obtained from the appropriation bills of the Federal Government, the Presidency’s budgetary allocations for food and travels hit N34bn in six years. A total of N5.16bn was spent on Read More
President Muhammadu Buhari has presented a total of N54.41 trillion as proposed budget between 2016 and 2021. However, between 2016 and 2021, a total of N55.71 trillion has been approved. This implies that the National Assembly has raised the Read More
The Senior Staff Association of Nigeria Universities (SSANU), has advised the Federal Government of Nigeria to review the circular directing that workers of the Staff schools should not be captured in the 2022 budget. The Read More
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