Latest stories tagged “Federal Government”
The Federal Government has addressed concerns regarding an ₦8 trillion spending dispute, denying allegations of a 'Shadow Budget.' Oyedele emphasized that certain capital projects extend over multiple fiscal years and are executed through legally sanctioned capital rollovers, clarifying that these should not be viewed as unauthorized or illegal expenditures.
The Allied People’s Movement (APM) in Lagos State has called on the Federal Government to clarify reports of alleged off-budget spending amounting to ₦8.8 trillion, as highlighted by the International Monetary Fund (IMF). The party's Public Secretary, Mr. Ayodele Kazeem, emphasized that Nigerians deserve transparency regarding public expenditure in a statement released on Sunday.
The Federal Government has inaugurated a new Board of Directors for the Bank of Agriculture, with the objective of enhancing its contribution to agricultural development. This move is part of efforts to strengthen the institution's role in the sector.