Finance ministry Archives

Capital projects not abandoned despite low funds – Finance ministry

The Federal Ministry of Finance has clarified that capital projects across Nigeria remain active despite concerns over low cash releases to ministries, departments, and agencies. While budget execution rates for some MDAs may appear low, capital project implementation has not been abandoned, the ministry said. The clarification, detailed in a document titled “Deepening Public Understanding […]

aadelekepdnlimited-com
9th March 2026
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Finance ministry debunks N13bn corruption allegation in CNG contract

The Federal Ministry of Finance has publicly denied allegations of awarding N13 billion in contracts without following due process. In a statement signed by Director of Information and Public Relations, Mohammed Manga, the ministry emphasized its compliance with procurement regulations and clarified that all contracts, including those under the Presidential Initiative on Compressed Natural Gas, […]

monwubukepdnlimited-com
6th May 2025
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Tag: Finance ministry

Capital projects not abandoned despite low funds – Finance ministry

Finance ministry debunks N13bn corruption allegation in CNG contract

State govts demand forensic audit of FG’s crude-for-loan.

Subsidy removal pushes Nigeria’s poverty rate to 63%.

Professionals dismiss ₦210tn missing funds claim in NNPCL.

Banks deposit nearly N7tn at CBN amid persistent.

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