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Govt Cuts Budget for Ministries

Govt Cuts Budget for Ministries

The government has made extensive cuts of budgets from its ministries, department and agencies (MDA) to redirect finances to major priorities in the current financial year 2021/2022. The across-the-board cutback, which totals Shs203.4 billion, will also affect universities, parastatals and various commissions of government. Overall, at least 106 government entities will be affected by the […]

FG Provides N40bn Bailout For MDAs Electricity Debts

FG Provides N40bn Bailout For MDAs Electricity Debts

The Federal Government on Tuesday in Abuja said it had provided N40 billion to settle reconciled outstanding electricity bills of its ministries and agencies. Minister of Budget and National Planning, Mr Udoma Udo Udoma, stated this while addressing The Situation Room, a group of civil society organizations, and said that the gesture was part of […]