…Fiscal Responsibility Act, raising fresh concerns over the sustainability of Nigeria’s public finances. The report also faulted key assumptions underpinning the 2026 budget, warning that ambitious revenue projections could further worsen the country’s debt burden if they are not realised. It noted that the government w…
…are recovered. Atiku pledged that an ADC administration would restore credibility to public finance through transparent budgeting, zero-based expenditure planning, digital public expenditure tracking and strict personal accountability for public officers. “When the owner of the barn invites goats to keep watch over his…
…“The administration inherited multiple exchange rates, fuel subsidy distortions, weak public finances, and an inefficient tax system that imposed heavy compliance costs on businesses,” Oyedele said. He continued, “We chose reform over postponement because delaying difficult decisions would have taken the economy closer…
…for evidence-based economic policymaking. He said its membership comprised economists, public finance experts, governance professionals, development practitioners and private sector representatives who would provide strategic advice on fiscal reforms, government efficiency, stakeholder engagement and economic coordinat…
…than remove counterfeit bottles from shop shelves. It will protect consumers, strengthen public finances, encourage investment and restore confidence in an industry that contributes billions of dollars to economic activity and supports thousands of jobs. More importantly, it will demonstrate that Nigeria is serious abo…
…exchange rate reforms, fiscal consolidation, and measures aimed at strengthening public finances. The World Bank data showed that the RESET programme has been fully disbursed, while the ARMOR programme had recorded disbursements of $280.55m, leaving $469.45m available. The reform package attracted public attention beca…
…mechanisms established by Acts of the National Assembly formed part of Nigeria's public finance framework. He listed statutory allocations to development commissions, revenue collection costs retained by designated agencies, separately approved capital budgets for some agencies and the Federal Capital Territory, securi…
…corruption, citing the latest findings from the International Monetary Fund on Nigeria's public finances. In a post on X on Sunday, Obi alleged that about ₦8.83 trillion in government expenditure undertaken in 2025 was not reflected in the national budget, describing the development as evidence of "grand corruption." "…
…development partners to press for greater transparency and accountability in public finance management.
…findings, contained in two volumes, revealed significant concerns in the management of public finances during the period under review. "Records showed that the state generated over N826.5 billion in revenue, while expenditure stood at about N683.4 billion, leaving an unaccounted balance of approximately N139.8 billion,…