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Tag Archives: funding

Recession: Housing sector funding to the rescue

Recession: Housing sector funding to the rescue

“The Federal Government is trying many options to pull the economy out of recession. The Finance ministry believes that mortgage institutions have the wherewithal to fund the housing sector as part of ways to revitalise the troubled economy and create jobs. Stakeholders also believe that stability in the exchange rate and the provision of more funds to the mortgagors will ...

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Fiscal commission canvasses for funding for abandoned projects

Fiscal commission canvasses for funding for abandoned projects

The Guardian reports that to ensure prudence, transparency and accountability of funds, the Fiscal Responsibility Commission (FRC) has canvassed for progressive funding of projects in annual budgets. According to The Guardian, FRC’s Head of Finance and Accounts of the commission, Mr. Sampson Eletuo made this remark, when he led an eight-member delegation to inspect uncompleted and abandoned projects in Anambra ...

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