Monday, June 25, 2018
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Government Spending

BudgIT Nigeria put out this infographic yesterday about the levels of transparency in the states, regarding their budgets. Only 6 of 36 states have published their budgets online: Lagos, Edo, Nassarawa, Abia, Osun and Kaduna. Of these 6, only Kaduna,...
Zonal Intervention Projects even though geared towards economic development and social mobility for Nigerians in every state has been abused in the past by some lawmakers due to the lack of transparency. In the past, specific details of the Zonal...
President Muhammadu Buhari while in London on May 14 for an Anti-Corruption Summit promised to release the details of the funds Nigeria had so far recovered from looters- including the looters who returned the funds on May 29- the...
Numbers don't lie when they tell stories. That is perhaps why the Vice President Yemi Osinbajo reflected the true situation of the nation in a series of number crunching facts at the the Lagos Chamber of Commerce and Industry. Osinbajo was invited...
As the Rio Olympics 2016 steadily moves on to a close, the mystery behind the lack of funds for the Nigerian athletes and sportsmen logistics before the commencement of the Olympics despite the release of N2.7 billion by the...
by Usman Alabi It has become imperative to beam a searchlight on the ecological funds, a fund that a large section of the population knows nothing about. Perhaps the residents of the south east states plagued by erosion does not...
by Ajadi Daniel Alhaji Abubakar Tsav, a former Lagos State Commissioner for Police has described the Cargo Airport project as unnecessary and economically not viable. Speaking in Makurdi yesterday, Tsav queried the usefulness of the project in the face of more...
by Usman Alabi The budget is N163.9bn It is a N13bn increment above the 2016 budget which was N150.7bn The capital expenditure is N97.562bn Recurrent expenditure is N66.348bn The budget is christened: Budget of rural transformation The recurrent expenditure is 40 per cent of the...
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 [youtube https://www.youtube.com/watch?v=J7rADIMtxhA]
  Conventional economics expects that a highly indebted economy is a growing economy or presumably a developed one, of course that could be fallacious yet not entirely. But what do we have to say if such economy is confronted with a...

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