The Federal Government has provided N40 billion to settle reconciled outstanding electricity bills of its ministries and agencies. Mr Udoma Udo Udoma, the Minister of Budget and National Planning, told “The Situation Room”, a group of civil society organisations, on Tuesday in Abuja. The gesture was part of strategy to revamp the power sector, he […]
Continue ReadingFormer President of Nigeria, Chief Olusegun Obasanjo, has called for merging of government’s Ministries, Departments and Agencies (MDAs) as part of efforts to curb wastage of scarce resources, futher stating that government need to block all forms of financial leakages due to the dwindling revenue. Obasanjo made the call on Tuesday in Abeokuta while addressing […]
Continue ReadingThe Federal Executive Council (FEC), on Wednesday directed Ministries, Departments and Agencies (MDAs), to fast-track the release of their capital budgets to quickly reflate the economy.The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, announced this to State House correspondents after the FEC meeting presided over by Vice President Yemi Osinbajo in Abuja. […]
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