100% capital budget released to MDAs in 2020, 2021 – FG

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The Federal Government says that 100 per cent of capital budgets was released to Ministries, Departments and Agencies, MDAs, in 2020 and 2021.

There have been issues around open budgeting across the world. In Nigeria, MDAs have often times lamented lack of budget releases by the government or, in some cases, approval hiccups encountered at the National Assembly.

Sally Torbert of the International Budget Partnership, IBP, said there was some work to be done in terms of working with the auditor general’s office to release the audit report in a timely manner. “Nigeria currently scores 45 out of 100. We consider 61 to be the level of sufficient budget information. So, we’re hoping to encourage Nigeria to improve in future rounds and hit that benchmark of 61. So that’s the target that we’re really encouraging for now.”

In terms of budget implementation and monitoring in Nigeria, she said it was important to improve tranparency “So, you see that sometimes not all of the cash is being released to the MDAs for them to use. And sometimes, those MDAs also have trouble utilising the cash that they receive. And so, there’s a number of budget reports that we hope to see that help track and report on the progress on that.

There can be more done to help better link procurement data and budget data so that civil society groups can actually track procurement processes and see when they’re delayed and what’s happening because of that.”All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from PUNCH.

 

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