Tag: capital projects

FG begins payments for 2024 capital projects, sets on March 31 deadline for full budget execution

Business Damilola Bayonle -
FG begins payments for 2024 capital projects, targets full rollout by March Nigeria’s fiscal authorities have moved to unlock long-delayed...

Spending rules ignored? 2026 budget new projects hit ₦3.5tn amid FG capital freeze

Business Damilola Bayonle -
Despite a firm directive by the Federal Government to halt the introduction of fresh capital projects, fresh analysis of...

Reps summon ministers over budget underperformance, vow to halt 2026 appropriation bill

Business Damilola Bayonle -
A fresh wave of tension has emerged between the National Assembly and the executive as the House of Representatives...

States’ revenue windfall wasted on overheads, debt servicing

Business Damilola Bayonle -
Nigeria’s states are squandering their long-awaited revenue windfall on growing overheads and debt servicing rather than using it to...