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At the time of this report, Dataphyte could not access the OTP portal. Thus, unable to review data on the portal for the last two quarters of the year, July-December 2021.
The federal government has set a new threshold for approval of projects by the ministerial tenders board. The ministerial tenders board can now approve projects of above N30 million and not more than N1.5billion.
A total of 93.2 billion was allocated for soft projects in the recently approved 2022 budget, Dataphyte analysis has shown.
The 5 ministries with the highest allocation in the MDAs Approved 2022 Budget for MDAs, namely, the Ministry of Finance, Budget and Planning, the Ministry of Defence, the Ministry of Education, the Ministry of Health, and the Ministry of Police Affairs are to receive 69% of the total MDAs budget allocation and 71% of the total budget for Personnel of MDAs
From health to gender, security, agriculture, extractives and other sectors, Dataphyte covered all the pertinent events that unfolded in the country in 2021 and “made it make sense” for Nigerians, bringing deeper insights into the issues.
Some Federal Government Ministries, Departments and Agencies in three months paid N4.08 billion into personal accounts, a breach of the Nigerian financial regulation.
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The Federal Government (FG) lost at least N8.09 billion in revenue to Ministries, Agencies, and Departments (MDAs) inefficiencies.
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The 2019 audit report has revealed that Anambra/Imo River Basin Development Authority failed to present payment vouchers for its zonal Intervention projects vote in 2019 and the Capital Mandates Projects vote in 2019 amounting to N434,681,647.03.
Emeka returned home after a long day at the office and asked his wife, Aisha for the N20,000 he kept in the cabinet. In response, Aisha told him she had given it to Tunde, the electrician for the electrical works he was supposed to do around the house. He was yet to come but Aisha said he had promised to deliver so she gave him the money Emeka got furious at his darling wife for giving out money to a handyman for a job not yet done.
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.
The budget call circular from the Ministry of Finance Budget and National Planning shows that the 2022 budget will be less than 2021. The Federal Government of Nigeria (FGN) has set a budget expenditure ceiling of N13.98 trillion for the 2022 fiscal year. This figure comprises a fiscal revenue of N8.762 trillion, and N5.218 trillion will be incurred as the deficit.
In a telephone conversation on Monday, an official from the Audit Office says the COVID-19 funds audit report has been submitted to the National Assembly since September 2020;
Despite many criticising MDAs for fund mismanagement, the government remains aloof, ignoring recommendations from the Auditor-General.
The Office of the Auditor-General of the Federation (OAuGF) revealed how ₦6.54 trillion was unaccounted for by MDAs in four years;
