How Nigerian companies evade taxes despite winning billions of naira government contracts
Additionally, between 2020 and 2022, based on the registration figure released by the CAC on its website, 334,403 new companies were registered.
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Is Nigeria Committed to its own Financial Transparency Provisions?
The government has not kept up with efficient and timely publishing of financial statements to show how monies are spent in the country.
2019 Audit Report: Overdrawn Accounts, Non-Disclosure, Misappropriation; Financial Transparency takes a Beating as MDAs Fail to Account for Over N2trn
Dataphyte’s review of Nigeria’s 2019 audit report has shown that Nigerian Ministries, Departments and Agencies spent monies running into trillions of naira without appropriation or financial transparency.
Dataphyte’s journalist, Aderemi Ojekunle, wins global award in COVID-19 reporting
For his report on how government institutions mismanaged ₦ 1.69 Billion COVID-19 funds, the International Center for Journalists (ICFJ) on Friday announced Aderemi Ojekunle of Dataphyte as one of the winners of the centre’s prize for pandemic reporting.
Makinde’s transparency policy falls short, as Oyo state conceals money spent on farm settlements contracts
The Oyo state government refused to disclose its expenditure on the state’s three major farm sites;
How Dikko Umaru Radda-led SMEDAN disbursed ₦1.3bn to 33 unverified contractors
SMEDAN disbursed over ₦2.47 billion in questionable transactions Q1 2020; topping it off by engaging 33 unverified contractors, contravening open contracting guidelines and financial regulations.
71 million active bank accounts without BVN
Nigeria still ranks high in illicit financial flow;
FG Published N697 Million COVID-19 Donations, Yet To Disclose Its Spending
The Federal Government received N697.54 million donations in April 2020 towards the eradication of COVID-19 in the country. The donations were from individuals, companies, and organisations.