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Finance

Budget office debunks N246bn NEDC salaries claim

The Budget Office of the Federation has dismissed claims that the North East Development Commission runs a N246.77 billion salaries budget. It described the narrative as false and misleading. The Budget Office stated that the N246.77 billion assigned to the NEDC is a consolidated statutory provision shown at an overall level under the Medium-Term Expenditure […]

Finance

Budget office clarifies ₦246bn NEDC budget controversy

The Budget Office of the Federation has dismissed claims suggesting that the North East Development Commission operates a ₦246 billion salaries budget, describing the narrative as false and misleading. In a press statement issued on Thursday, the Director General of the Budget Office of the Federation, Tanimu Yakubu, said the allegation was inaccurate and based […]

News

Northwest gets N5.97tn, largest share of federal projects

The Budget Office of the Federation has disclosed that the North-West geopolitical zone received the highest share of Federal Executive Council projects approved under President Bola Tinubu, amounting to N5.97tn or more than 40 per cent of the total N10.92tn approvals. The Director-General of the Budget Office, Tanimu Yakubu, made this revelation in a statement […]