FG Released N1.95trn To MDAs For Capital Projects In 2020 - FRC   Over N1.95 trillion was released and cash-backed to ministries, departments and agencies (MDAs) by the Federal Government in its 2020 budget implementation. This was contained in the 2020 Fiscal Responsibility Commission’s (FRC) yearly report...

Democracy Day, Independence, Conferences, Others To Gulp N6.49bn   The Federal Government’s Ministries, Departments and Agencies plan to spend N6.49bn on national and international celebrations as well as conferences in 2022, according to an analysis of the data contained in the 2022 budget proposal of the...

Reps Okay FG $16.23bn, €1.020bn, Other Loans     The House of Representatives has approved the proposed federal government’s $16.23 billion, €1.020 billion and other loans for project financing under the external borrowing rolling plan. The loan was approved after receiving the report of the House Committee on...

Despite Rising Prices, Inflation Rate Declines Again     The National Bureau of Statistics on Monday disclosed that the nations’ inflation rate fell to 15.99 per cent in October, from 16.36 in September, according to its Consumer Price Index report. This October figure showed a steady decline in...

The Nigerian Youth Initiative for Good Governance (NYIGG) has called for the voluntary resignation of the Central Bank of Nigeria (CBN) Governor, Godwin Emefiele. The group in a statement made available to pressmen on Monday in Abuja accused the CBN Governor of sabotaging...

Nigeria’s Debt To GDP Still Low Says Finance Minister   The Minister of Finance, Budget and National Planning, Zainab Ahmed has reiterated that Nigeria’s debt to gross domestic products (GDP) ratio is still low at 33 per cent amidst concerns over heightened increased borrowing. She said this...