A total of 93.2 billion was allocated for soft projects in the recently approved 2022 budget, Dataphyte analysis has shown. Soft projects are projects which are complex in nature and whose output ...
Read moreTransparency International has released its latest Corruption Perception Index for 2021. According to its details, Nigeria ranks 154 out of the 180 countries ranked. This is the lowest ranking for the country ...
Read moreNigeria has continued to borrow money to fund its budgets, the 2022 budget, and the country does not plan to stop borrowing soon, as details on its Medium Term Expenditure Framework show ...
Read moreA statement by the Economic and Financial Crimes Commission (EFCC) has revealed that it recovered One hundred and Fifty-two billion Naira (N152,088,698,751.64) in 2021. According to the commission, the headquarters recovered N67 ...
Read moreThis is not the first time members of the Buhari Administration have “prophesied” about the country’s rice production and export. On January 5, 2022, President Buhari stated that Nigeria now produces enough ...
Read moreThe Buhari led administration has again announced plans to remove petroleum subsidies from 2022. This development has elicited different reactions across the country. But this is not the first go-round, similar announcements ...
Read moreLast week, October 7th, the Nigeria President, before the joint session of the National Assembly presented a total budget of N16.39 trillion for the year 2022.
Read morePayments for federal constituency projects from 2018 to 2021, published on the open treasury portal, do not match what was budgeted in the Appropriation Acts for those years, Dataphyte investigations have shown. ...
Read moreIn 2019, the Nigerian National Petroleum Corporation (NNPC) paid the sum of ₦508 billion on petrol subsidy. This spending lowered the revenue it should remit to the government coffers. By implication, for ...
Read moreThe Nigerian National Petroleum Corporation (NNPC) wrote off debts incurred by its subsidiary, the Nigerian Petroleum Development Company (NPDC), raising questions about fiscal prudence and commitment to the Extractive Initiative Transparency Initiative ...
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