NEC Secretariat Gets N7.9bn Amid Funding Shortfalls for Agencies
The Federation Accounts Allocation Committee (FAAC) approved the disbursement of N7.895bn as funding for the operations of the Secretariat of the National Economic Council in 2025, despite widespread complaints by Ministries, Departments, and Agencies over inadequate...
The Federal Government's capital spending on ministries, departments, and agencies (MDAs) has been severely constrained over the last three fiscal years, with a cumulative gap of N15.21tn.
MDAs Receive N5.81trn for 2024 Capital Projects - Budget Office
Ministries, Departments and Agencies (MDAs) of the Federal Government received a total of N5.81tn for capital projects in the 2024 fiscal year, according to the latest Budget Implementation Report released by the Budget Office of...
Reps Urge EFCC to Recover over N103bn, $950,000 from 31 MDAs
The House of Representatives has indicted 31 Ministries, Departments, and Agencies (MDAs) over financial irregularities amounting to over N103.8 billion and $950,912.05.
This is as the House has also asked the Economic and Financial Crimes...
MDAs Get New Procurement Guidelines from FG
The Bureau of Public Procurement (BPP) on Thursday announced a comprehensive revision of public procurement thresholds for federal Ministries, Departments, and Agencies, aimed at reducing bureaucratic delays and improving efficiency in contract awards.
In a press statement by...
FG Procurement Projects Gulp N2.9tn in One Year - BPP
The Bureau of Public Procurement issued 395 ‘No Objection’ certificates to various Ministries, Departments, and Agencies in the 2023 fiscal year, approving projects worth over N2.94tn.
This was contained in the agency’s annual report, which detailed...
