NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable
NGN/USD 1,540.20 ↓ 0.4% BRENT CRUDE $82.14 ↑ 1.2% NGX INDEX 99,240.50 ↑ 0.1% INFLATION 33.95% ↑ 1.8% MPR 26.25% stable

Lead Investigation

Forget partisan politics, Nigeria’s 2024 budget is inflated, full of ambiguities

Besides partisanship and politics of regionalism, there is something fundamentally wrong with Nigeria’s 2024 budget: It is inflated and contains a number of items that should never be there. Economy Post has copiously analysed the 2024 budget and flagged areas where there were possible inflations and items that were deemed superfluous. The main issues with […]

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Jan 03, 2024 post

Health ministry, agency budget N300m for retreat, N938m just to monitor health centres

THE Ministry of Health and Social Welfare has budgeted N300 million for ministerial retreat just as the National Primary Health Care Development Agency (NPHCDA) earmarked N938.403 million for the monitoring and evaluation of primary healthcare centres (PHCs) in the 2024 budget. The NPHCDA, an agency under the Ministry of Health and Social Welfare, has also […]

Dec 30, 2023 post

2024: Arts ministry votes millions for ERGP which ended in 2020

IN the 2024 budget, the Ministry of Arts, Culture and Creative Economy is setting aside N18.986 million for the Economic Recovery and Growth Plan (ERGP) which ended in 2020. The ministry classified “ERGP implementation” as a new programme for 2024. Economy Post‘s checks show that ministry does not use ERGP in any other sense separate […]

Dec 26, 2023 post

Industry ministry to waste N1bn on another investment survey, N500m for road shows

THE Ministry of Industry, Trade and Investment has set aside N500 million in the 2024 budget for “investment promotion, image rebranding and roadshows.” It also earmarked N1 billion for the “survey, feasibility and development of investable assets for foreign and local investments.” Analysts consider these items as wasteful and ineffective considering that tens of road […]