BudgIT seeks slash in N/A budget for Health, Education funding

BudgIT, a civil society organization committed to transparency and accountability in Nigeria’s public finance system, on Monday decried the cut by the Legislature in the nation’s health and education sector budgetary allocations for the purposes of funding the 2019 elections. It recalled that recent information from the National Assembly indicated that the 2018 budget was […]

FG plans N8.6trn budget in 2019

The Federal Government has disclosed that it is planning to propose a N8.6 trillion Appropriation Bill to the National Assembly for consideration as 2019 budget. The proposed figure is lower by N508 billion when compared with the N9.1 trillion approved budget for the current fiscal year. Budget and National Planning Minister, Sen. Udoma Udo Udoma, […]

Delta Govt proposes N367.09bn budget for 2019

The Delta State Governor, Dr Ifeanyi Okowa, has presented a budget estimates of N367, 095,083,451:00 billion for the 2019 fiscal year to the state’s House of Assembly. Laying the Appropriation Bill christened ‘Budget of Sustainable Growth’ before the Legislature on Wednesday in Asaba, the state capital, Okowa disclosed that N157 billion, representing 42.79 percent of […]

NASS may pass 2019 elections’ N242bn budget next week

The Chairman of the Independent National Electoral Commission (INEC), Prof. Yakubu Mahmood, has projected that the National Assembly may pass the N242 billion 2019 General Elections budget next week. The INEC boss, who gave this hint during his interaction with journalists after an executive session with the leadership of the National Assembly on Wednesday in […]

NCDMB to save FG N5Bn yearly on exclusion from budgets

The Nigerian Content Development and Monitoring Board, NCDMB, has said that following the exclusion of its yearly operating cost from federal budget effective this fiscal year, government will be saving at least N5 billion annually. By the fiscal arrangement, the Board will now depend on the Nigerian Content Intervention Fund (NCIF) to finance its operations. […]

State House, Budget Office, 306 others spent N149bn illegally – AGF

The , has queried 308 Ministries, Department and Agencies of government over extra-budgetary spending of N149.5bn in 2016. This is contained in the 2016 annual report of the Auditor-General for the Federation, which was obtained on Sunday in Abuja. The 2016 audit report is the latest to be prepared by the OAGF for all the […]

BudgIT asks Nigerians to demand open, transparent budgets

BudgIT, a civic tech transparency organisation working on holding government accountable and creating an active citizenry to improve governance, has charged Nigerians to demand from their state governments details of their yearly budgets to promote transparency in public finance. The organisation’s position was the results of the findings of its current #StateofStates campaign signed by […]

Budgeting for failure?

Haba! What we now wake up to hear is this noise about President Buhari’s fight with Saraki and his people over the 2018 budget. Customers are not here, so even eating is becoming difficult. Ikem, a vehicle spare parts dealer at the popular Ladipo market in Lagos had quipped when one of his friends, Jude, […]