• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Wednesday, June 3, 2026
Leadership Newspapers
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
Hausa Edition
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

BudgIT Faults Govt Over Non-Publication Of Budget Reports

Bukola Aro-Lambo by Bukola Aro-Lambo
9 months ago
in Business
budgit
Share on WhatsAppShare on FacebookShare on XTelegram

Civil society organisation, BudgIT, has faulted the Federal Ministry of Finance and the Budget Office of the Federation for failing to publish Quarterly Budget Implementation Reports (BIRs), describing it as a violation of the law, established practice, and a reversal of Nigeria’s fiscal transparency gains.

The Fiscal Responsibility Act (FRA) 2007 mandates, under Part V, Section 30, that the Minister of Finance must publish reports on the implementation of the annual budget within 30 days of the end of each quarter.

According to BudgIT, nearly four BIRs covering the period from the second quarter of 2024 to the second quarter of 2025 remain unpublished, leaving the country without a single report in almost one fiscal year.

“Budget Implementation Reports are not only a statutory requirement, they are critical indicators of transparency, providing evidence of how public resources are deployed. This proof of spending is necessary to evaluate the quality of budget implementation and the delivery of public goods and services,” BudgIT noted in a statement.

BudgIT noted that previous administrations maintained a minimum of three BIRs per fiscal year, but the current government has withheld information vital for private sector planning, civil society advocacy, and international credibility.

The civic organisation further warned that the neglect of fiscal disclosure extended beyond the BIRs to government platforms such as OpenTreasury.gov, once a central source of public financial data. The platform, which previously offered daily, weekly, monthly, and quarterly expenditure records, has reportedly not been updated since January 2025.

BudgIT’s Group Head of Research and Policy Advisory, Vahyala Kwaga, describing the situation as a setback for Nigeria’s democratic accountability, said “the ability of a government to hold itself accountable to its laws is to be expected of a democracy such as ours. The non-publishing of crucial information by the Ministry of Finance and the Budget Office of the Federation should not be replaced by mere pronouncements in the media.

RELATED NEWS

Nigeria Tops Global Crypto Transfer Rankings as Adoption Hits 40%

AI Reputation Now Influences Fundraising Decisions, Expert Warns

Nigeria’s Capital Importation Rises 84% To $10.37bn In Q1 – NBS

Citizens have a right to know and to be informed.”

It called on President Bola Ahmed Tinubu, the Ministry of Finance, and the Budget Office to immediately resume the publication of BIRs and other statutory disclosures, including the Federal Cash Plan Disbursement Schedule as provided under Section 26 of the FRA.

BudgIT also called on civil society groups, academia, the private sector, and the international community to join in demanding urgent publication of expenditure performance reports underpinning the implementation of the 2024 budget.

“This poor state of affairs must not continue. Nigeria must demonstrate that it operates according to accepted norms and conventions of international public finance. We all have a right to know,” BudgIT declared.

 

We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

Bukola Aro-Lambo

Bukola Aro-Lambo

Bukola Aro-Lambo is a journalist with Leadership Newspaper with over a decade of experience, specialising in economy and finance reporting. She covers macroeconomic trends, fiscal policy, public finance, banking, and fintech, combining official data with expert insight in a methodical, data-driven approach. Her reporting extends to development finance, infrastructure funding, agri-exports, climate finance, and technology-driven enterprise, offering clear, analytical coverage that supports informed public discourse on Nigeria's evolving economic landscape.

OTHER NEWS UPDATES

Nigeria Tops Global Crypto Transfer Rankings as Adoption Hits 40%
Business

Nigeria Tops Global Crypto Transfer Rankings as Adoption Hits 40%

7 minutes ago
AI Reputation Now Influences Fundraising Decisions, Expert Warns
Business

AI Reputation Now Influences Fundraising Decisions, Expert Warns

5 hours ago
Nigeria’s Capital Importation Rises 84% To $10.37bn In Q1 – NBS
Business

Nigeria’s Capital Importation Rises 84% To $10.37bn In Q1 – NBS

5 hours ago
Next Post
OML 245: Nigeria Has Sovereign Rights Over Oil Blocks, Lokpobiri Tells Abacha Family

New Incentives: Nigeria Ready To Compete Globally, Lokpobiri Assures Investors

Advertisement

LATEST UPDATE

Nigeria Tops Global Crypto Transfer Rankings as Adoption Hits 40%

7 minutes ago

80% Of Sexual Assault Centres Rely On Donor Funding For Survival — PPDC

19 minutes ago

Influencer Kene Okonkwo Reacts After Father Wins Court Case Allegedly Linked To Otedola

24 minutes ago

‎Music Executive Soberekon Calls For Death Penalty For Kidnappers, Drug traffickers, Importers Of Fake Drugs

25 minutes ago

Dave Announces Debut Headline Shows In Lagos As Part Of African Tour

27 minutes ago
Load More
Advertisement
Facebook Twitter Instagram Youtube Whatsapp

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
    • Football
  • Health
  • Entertainment
  • Education
  • Opinion
    • Editorial
    • Columns
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2026 LEADERSHIP Media Group - All Rights Reserved | Hausa | Online Casino.