The Guardian reports that Lagos-based cost accountants have raised eyebrows on the method being employed in preparation of the nation’s budget, saying the system has cost Nigeria billions of naira yearly. They noted that the exclusion of surveyors, who are meticulous, analytical and empirical in budget process especially in infrastructural projects is a disservice to the nation and intentional in ...
Read More »Tag Archives: budget
Kemi Adeosun explains 2017 budget figures
The Minister of Finance, Kemi Adeosun, yesterday, made it known that the Federal Government would put forward the sum of N6,866,335,052,740 as budget for 2017. According to The Guardian, the Minister told members of the Senate Committee on Finance, led by its chairman, John Owan Enoh (PDP, Cross River Central), that government would present the figure because it spends over ...
Read More »Federal Government proposes N6.866tr budget for 2017
The Federal Government has proposed a budget of N6,866,335,052,740 for 2017. The Guardian reports that the Presidency formally informed the National Assembly of the proposal yesterday, and also made it known that it would set up a $25 billion Infrastructural Development Fund as a means of attracting non-budgetary resources to fund its development projects. This information was contained in the 2017 ...
Read More »How To Make The Best Real Estate Purchase
Many a times humans are influenced by the notion of other people while they gun for that dream real estate purchase. They tend to place the cart before the horse without weighing the consequences or juxtaposing the merits against the demerits. It usually happens in an infinitesimal moment of excitement or should I call it a nerve-wracking moment? This article ...
Read More »Will Ambode’s Street Lights Survive Nigeria’s Poor Maintenance Culture?
What does it mean to have a Maintenance Culture? Imagine having a generating set that has been working for months and yet not serviced once, then it breaks down one day and that’s when you realize it needs servicing. Being in tune with or showing sensitivity towards the proper functioning of a property, machine, structure e.t.c and carrying out repairs ...
Read More »What You Should Know Before Investing In Land
Did You Know Investing In Land Is The Best Business Decision Man Takes? Buying a land is almost like the best thing to do with your hard earned money; however you choose to earn that money. It is an investment you rarely would regret. There are a thousand and one reasons why you would want to buy a land but ...
Read More »Affordable Housing in Nigeria: Myth or Reality?
Is affordable housing in Nigeria a myth or reality? The development and progress of any given society depends largely on how well the basic needs of the people are guaranteed or satisfied. This cannot be possible unless practicable and effective policies are put in place to satisfy these basic needs. One of human basic needs that have continued to attract ...
Read More »