Spent

Plateau State Spent 47% Of Amount Budgeted For Capital Expenditure On Official Vehicles In Q1 2024

5 months ago1185 min

A closer look at the budgetary spending of Plateau State for the first quarter of 2024 has revealed that the state government allocated a significant sum of N3.9 billion for the purchase of motor vehicles, constituting approximately a quarter of the N16 billion budgeted for this expenditure item for the year. This disclosure has raised questions among concerned citizens about the appropriateness of the state’s spending priorities. However, of this amount, N3.9 billion was already...

by Probitas

How Delta State Government Spent N6.8bn On Purchase Of SUVs In Three Months, N2.8bn On Health, Housing

5 months ago953 min

According to details on the budget document, the sum of N9.9billion was budgeted for purchase of; 50 Toyota SUVs vehicles, 60 Hilux pick-up, 150 Toyota Corolla and 10 Coaster buses. A review of the Delta State budget performance reports has shown that N6.8billion was spent in three months for purchase of vehicles. The expenditures were incurred within the first three months of 2024. According to details on the budget document, the sum of...

by Probitas

Nigeria’s Oil Company NNPC Spent N7.3Billion On Entertainment In 16 Months

5 months ago854 min

A review of financial statements of the Nigerian National Petroleum Company Limited has shown that its subsidiaries posted short term debts to the tune of N83 billion in 2022. According to the financial statements of the NNPCL for December 2022, Nikorma transport Trade and other payables (debts) stood at N4.5 billion, West Africa LPG Limited trade payable figure stood at N79.2 billion, while that of Hyson Nigeria limited was N15 million. The West Africa LPG...