The Nigerian Government released ₦1.23tn to 17 ministries for the execution of capital projects in the third quarter of 2023. According to the Budget Implementation Report for Q3, 2023 released by the Budget Office yesterday, 75.4 per cent lower than the ₦5trn allocated for capital expenditure in the 2023 budget, resulted in a deficit of [&hel...
•Cyril Ramaphosa South Africa’s President Cyril Ramaphosa yesterday announced he had awarded opposition parties in his coalition, 12 out of 32 ministries. The largest opposition the Democractic Alliance (DA) won six ministries including education, public works and environment, while six other posts went to smaller parties, reports AFP. The Afr...
•Tinubu About N85 billion has been proposed to be spent on vehicles by 12 federal government agencies and 13 ministries in 2024. This is more than the N84.7bn budgets of Nnamdi Azikwe University Teaching Hospital (NAUTH), Nnewi (N37.6bn), University College Hospital, Ibadan (N27.2bn) and Obafemi Awolowo University Teaching Hospital (OAUTH), If...
The Nigeria Employers’ Consultative Association, NECA, and the Manufacturers Association of Nigeria, MAN, have said government agencies, ministries, departments, MDAs, have become undertakers of businesses in the country. They also lamented that rising inflation, multiplicity of taxes and threats of strike and protests, among others, have cont...

