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Tag: 2024 Budget

Only 20% of N25trn 2024 Budget Goes to Capital Projects

Only 20% of N25trn 2024 Budget Goes to Capital Projects   The Federal Government has spent just N4.99tn – only 20 per cent of its total N24.91tn budget – on capital projects in 2024, leaving the country’s infrastructure needs largely underfunded. Despite a significant rise in government...

2024 Budget: FG Allocated N732bn For Empowerment, Higher Than Health Projects Allocation

2024 Budget: FG Allocated N732bn For Empowerment, Higher Than Health Projects Allocation   Tracka, BudgIT’s service delivery promotion platform, which allows citizens to collaborate, track, and give feedback on public projects in their communities, has discovered N732.5 billion worth of empowerment projects in the 2024 federal...

EFCC To Splash Out N1bn on Local Travels, N413m on Vehicles

EFCC To Splash Out N1bn on Local Travels, N413m on Vehicles The Economic and Financial Crimes Commission (EFCC) has planned to spend N1,055,633,61 billion on local travels, analysis of the 2024 budget has shown. The commission also budgeted N113.4m on training for local travels while N389.6m...

JUST IN: Tinubu Signs N28.7trn 2024 Budget Into Law

JUST IN: Tinubu Signs N28.7trn 2024 Budget Into Law   President Bola Tinubu on Monday afternoon signed into law the 2024 Appropriation Bill at the State House, Abuja. Tinubu signed the N28.7tn budget document earlier approved by the National Assembly hours after he arrived in Abuja from...

Cross River Governor, Bassey Otu Signs N296bn 2024 Budget into Law

Cross River Governor, Bassey Otu Signs N296bn 2024 Budget into Law Governor Bassey Otu of Cross River State has signed the 'Peoples First' Budget of N296, 985, 631, 978, 1k into law. The signing ceremony, which took place on Friday in Calabar, the state capital, has...

2024 Budget: FG To Spend N837bn On 2,254 Bridges, Roads

2024 Budget: FG To Spend N837bn On 2,254 Bridges, Roads   The Federal Government is planning to rehabilitate and construct 1,925 roads and highways across the country in the 2024 budget proposal. The government also allocated N548.56b for roads construction in 2024, with the East-West and Benin-Akure...