COVID-19: Financial Institution'll Fund N1.8trn Stimulus Package – FG       The Federal Government on Thursday said about N1.8tn of its N2.3tn COVID-19 economic stimulus package would be funded by financial institutions. It also disclosed that about N288bn from the N500bn of the package funded through the 2021...

FG Generated N2.15trn From MDAs Operating Surplus - FRC       The Fiscal Responsibility Commission said it caused Ministries, Departments and Agencies to remit over N2.15tn into the Consolidated Revenue Fund of the Federal Government as operating surpluses over the past 11 years. FRC Chairman, Victor Muruako, said...

Many Things Wrong With 2021 Budget - ACUF Boss         A development economist and Board Chairman of Amaka Chiwuike-Uba Foundation (ACUF), Dr. Chiwuike Uba, has picked holes in the 2021 budget, saying that the estimates and sectoral allocations do not align with the theme of the...

NASS Extends 2020 Capital Budget Implementation To March       The Senate on Wednesday passed an executive communication from President Muhammadu Buhari, seeking the extension of the implementation of the capital components of the 2020 budget from December 31, 2020 to March 31, 2021. Buhari, through his Minister...

House Summons Auditor General Over $36.1m W/Bank Loan         The House of Representatives has summoned the acting Auditor General of the Federation, Mr Aghughu Adolphus, over a $36.1m facility under the Fiscal Governance and Institutions Project of the World Bank, to the office. The House Committee on...

GITEX 2020: NITDA Creates Big Data Platform To Scale Up Investments In Digital Economy         As the global economy is rapidly transforming through creative innovations, Nigeria has created Big data platform to improve data gathering for service delivery. The Director General of National Information Technology Development Agency...