Saturday, April 21, 2018
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Government Spending

by Ajadi Daniel It is perhaps no news that states in Nigeria are used to preparing budget that they do not have the financial capacity to implement. It might be difficult to entirely avoid deficit when planning a budget, but states...
by Usman Alabi Only few of the 36 states have the financial capacity to effectively implement their 2018 budgets. Budget making in Nigeria has become a ritual and public relation tool by states to hide and deflect attention from a...
by Chinedu Brown Cross River's 2018 budget dwarfs other states Appropriation bill for the current year including Lagos. The state budgets N1.3trn for 2018, how it will implement this humongous budget even with a 2017 total revenue that is less...
byYWriter  Federal Account Allocation Committee shared a total of N5.7tn to the three tiers of government between January and November 2017. The N5.7tn shared represents an increase of N765bn over the N4.98tn which the committee allocated in 2016. The FAAC committee...
by YWriter State, Local and Federal government shared N532.7 billion as allocation for the month of October. This shows a N25.3 billion decline when compared to what was shared in September. The decline is due to the decrease in revenue from...
by Opeoluwa Quadri If FG cannot entrust the education of 106 Chibok Girls with one of their more than 36 Federal Universities, but enroll them at American University of Nigeria. This is an official acceptance of the decadence in the...
by YWriter Mambilla power projects conceived 45 years ago, and abandoned at various times is to receive a budgetary boost of N9.8bn . The hydro power project is located in Taraba and it is capable of generating over 3,050 megawatts...
by Ajadi Daniel 2018 proposed budget stands at N8.612 trillion Capital Expenditure in the 2018 proposed budget is 30.8 percent of the entire budget, it stands at N2.652 trillion, the key capital spending in the budget on sectoral basis are: Power,...
by Opeoluwa Quadri The President presented the proposed 2018 budget to a joint sitting of the National Assembly yesterday. The budget is tagged the budget of consolidation. Here is the key figures of the proposed budget in brief. Budget estimate: N8.612...

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