Tuesday, April 25, 2017
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Government Spending

by YMonitor Below is a video of the YMonitor Quarterly show on Rubbin' Minds.  Our speaker is Dr Joshua Olunkiya who has conducted several researches on abandoned projects in Nigeria
by YMonitor Tracking the Paris Club Refund to States Before the release of the second tranche of Paris Club Refund
by Usman Alabi Analysis The release of the first tranche of the Paris Club Refund N522.7 billion was done in December 2016, The first tranche of the Refund which represents 25 per cent of claims was disbursed subject to an agreement...
by Usman Alabi Analysis The Paris Club refund is a fallout of the debt relief package negotiated by the Federal government in 2005 which is approximately $18bn. $12bn was expected to be paid by the Nigerian government within a specified period...
by YWriter The challenge with this huge debt figures is that only few of the states can actually justify this debt, also only very few of them have a GDP that can sustain their huge debt profile. Most of these states...
by YWriter States are meant to spend the funds on  payment of outstanding salaries and other liabilities based on agreement with the federal government. S/N States Paris Club Refund  (First tranche #) 1 Abia 10,631,324,520.96 2 Adamawa 4,894,891,184.12 3 Akwa Ibom 14,500,000,000 4 Anambra 11,386,281,466.35 5 Bauchi 12,792,664,403.93 6 Bayelsa 14,500,000,000 7 Benue 12,749,689,453.61 8 Borno 13,654,138,849.49 9 Cross River 11,300,139,741.28 10 Delta 14,500,000,000 11 Ebonyi 8,385,035,086.76 12 Edo 11,329,495,462.04 13 Ekiti 8,877,476,163.58 14 Enugu 9,972,928,301.97 15 Gombe 8,319,552,518.63 16 Imo 13,021,497,640.32 17 Jigawa 13,220,260,074.57 18 Kaduna 14,362,416,363.24 19 Katsina 14,500,000,000 20 Kebbi 11,118,149,054.10 21 Kogi 11,211,573,328.19 22 Kwara Ist payment(5,415,167,236.97) second payment(3,773,082,953.54) 23 Lagos 14,500,000,000 24 Nasarawa 8,464,951,458.28 25 Niger 13,412,075,268.20 26 Ogun 10,675,236,931.70 27 Ondo 6,513,392,932.28 28 Osun 11,744,237,793.56 29 Oyo 7,206,041,943.30 30 Plateau 10,497,987,043.06 31 Rivers 14,500,000,000 32 Sokoto 11,980,499,096.97 33 Taraba 4,202,983,799.33 34 Yobe 10,068,371,796.86 35 Zamfara 10,122,837,205.76 source: Aso Rock twitter Handle
by Ywriter Lagos state governor, Akinwunmi Ambode at the weekend said that the proposed Bus Reform Initiative aimed at giving Lagosians an integrated public transportation system would kick start this year with a sinking fund of N30billion Governor Ambode, who spoke...
by Usman Alabi Misappropriations according to ministries between January and December 2015 Ministry Amount not accounted for Ministry of Power, Works and Housing N9.2billion Aviation N702 million Water Resources N3.4 billion Foreign Affairs N4.4 million Labour and Employment N84.7 million Information and Culture N561.6 million Ministry of Petroleum Resources N1.7 billion Ministry of Women Affairs N20 million Ministry of...
by Usman Alabi The federal government has approved the sum of N213.4 billion as 2016 intervention budget for the year 2017 intervention activities. Dr Abdullahi Baffa, the executive secretary of the agency disclosed this at a news briefing in Abuja. He...
by Ajadi Daniel Allocation to Specialized Institutions School Total recurrent Total capital Allocation National Teachers Institute N1,480,597,044 N1,377,570,505 2,858,167,549 National Institute for construction Uromi Edo 228,144,637 97,569,314 325,713,952 National Mathematical Centre Sheda N663,688,386 N459,059,034 N1,122,747,420 French Language Village, Badagry, Lagos N580,247,001 N91,199,467 N671,446,469 Arabic Language Village Borno N387,670,942 N89,175,498 N476,846,440 National Institute for Nigerian Languages 565,009,696 89,199,470 654,209,166 Division of Agricultural college, ABU Zaria N1,065,232,627 199,199,468 1,264,432,096

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