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Budget implementation

Senate Queries FG’s Economic Team Over Persistent Poor Capital Releases

The Nigerian Senate has expressed strong dissatisfaction with the federal government’s economic team over what it described as persistent poor budget implementation, taking particular aim at the low release of capital votes to ministries, departments, and agencies (MDAs). The lawmakers voiced their concerns on Thursday during an interactive session between the Senate Committee on Appropriations […]

Budget implementation could pull Nigeria out of recession – Expert

A Financial Analyst, Mr Emmanuel Eze, yesterday said full implementation of the N1.7 trillion capital budget would pull Nigeria out of recession. Eze, Chief Executive Officer, Perfecta Investment Trust, told newsmen in Lagos that the economy would turn around if the capital allocation is fully disbursed. He said that disbursing the funds for the project […]