Browsing: Gabriel Okeowo

It said its preliminary analysis of the 21,108 capital projects in the 2022 approved budget revealed 460 duplicated projects worth N378.9b

These critical issues include the complete omission of the Niger Delta Development Commission’s (NDDC) capital budget from the overall budget, continuous unrealistic revenue projections, soaring year-on-year debt burden and weak accountability structure, among others.

The government had offered hope that capital projects in the 2021 FG budget will be accompanied by precise GPS coordinates to encourage project monitoring.

BudgIT’s recently released 2020 State of States report‎ had identified 13 states whose revenue was not enough to fund their recurrent expenditure but in a statement, the group said it did not evaluate states’ fiscal status for insolvency.