BudgIT BudgIT, a civic-tech non-profit organisation, says it has uncovered 316 duplicated capital projects worth N39.5 billion in the 2021 budget. In a statement, Iyanu Fatoba, communications associate at BudgIT, said the organisation’s findings is contained in its publication titled, “Demanding Budget Reforms for Resource Optimization”, released on Tuesday. On December 31, President Muhammadu Buhari signed the 2021 appropriation bill of N13.588 trillion into law. The signing was done more than a week after federal lawmakers passed the budget and raised its total sum by N508 billion. Speaking on the report, Gabriel Okeowo, BudgIT’s CEO, said out of the identified 316 duplicated projects, 115 are in the ministry of health. He said the development is “very disturbing” as the country is battl...
The COVID-19 pandemic has negatively impacted 47 per cent of graduates and their activities (including job search), a report has stated. Also 17 per cent of graduates lost their jobs due to the pandemic, a research by the Knowledge Exchange Centre (KEC) and BudgIT revealed. The Executive Secretary, KEC, Aghogho Akporido, disclosed this during the virtual graduation ceremony of 43 students in its Graduate Advancement Programme (GAP) network, recently. He said the programme was extended to three months as opposed to the previous six weeks. He also said during the selection process, training session, career counselling and mentoring session and even in some cases, the internship was done virtually (online). Akporido said for the first time there were participants from eight states and volunte...
Contrary to the publication by BudgIT, a public finance analyst, the Lagos State Government said it is economically and financially solid. The state Commissioner for Finance, Dr. Rabiu Olowo, made the assertion in a statement on Monday in reaction to BudgIT, publication, titled: ‘Ability of States to Meet Monthly Recurrent Expenditure and Loan Repayment Obligations, 2019’, which the state Governor, Babajide Sanwo-Olu, administration described as “misinformation”. According to Olowo, BudgIT has apologized for its error in the report. According to Olowo, the facts are: “Lagos State continues to meet all its recurrent and loan service obligations and the information that was published in incorrect, inaccurate and a gross distortion of the actual facts. “The accurate information that ought to ...