Dataphyte’s review of Nigeria's 2019 audit report has shown that Nigerian Ministries, Departments and Agencies spent monies running into trillions of naira without appropriation or financial transparency. According to the 2019 audit ...
Read moreThe Federal Inland Revenue Service (FIRS) approved a Capital Allowance of N5.61 billion for 13 companies and also failed to collect the statutory 30% Company Income Tax (CIT) of the total capital ...
Read moreA Dataphyte review of the 2019 Auditor General’s Federation Annual Report shows that the country may have been shortchanged to the tune of N666.15 billion due to the discrepancies observed in the ...
Read moreThe 2019 audit report has revealed that Anambra/Imo River Basin Development Authority failed to present payment vouchers for its zonal Intervention projects vote in 2019 and the Capital Mandates Projects vote in ...
Read moreIn July 2020, Niger Delta Minister, Mr Godswill Akpabio, appeared before the House of Representatives Committee on Niger Delta to account for the N81.5 billion that was spent by the Niger Delta ...
Read moreDespite Nigeria’s rising fiscal deficit, the decision of the Nigerian National Petroleum Company (NNPC) Limited to include frivolous expenditure in its audited report has again cast doubts on the minds of oil ...
Read moreDataphyte’s Research arm, in its latest NNPC performance report, has spotlighted several issues of concern, such as high production costs, high credit sales, high indebtedness, low revenues and low gross profits, all ...
Read moreThe Federal Government of Nigeria has earmarked the sum of N2.47 trillion as Service Wide Vote (SWV) in the 2022 proposed budget, despite concerns around it. A Service Wide Vote which is ...
Read moreLast week, discussions on Twitter Nigeria harped on two cogent national issues in the oil and gas sector. One, the need to overhaul the downstream industry, and the other, the oversight audit ...
Read moreTransparency in budgeting and contracting mostly remains missing in state governments. Even more uphill is the task for civic organisations in partnering with these governments to help establish open portals. Incentivising governments ...
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