MTEF – Kalu Aja

FGN has spent only 2.62% of 2016 budget on Capital Expenditure as at June 2016

Posted on December 5, 2016 by kalu Aja

So we review the Medium Term Expenditure Framework (MTEF) & Fiscal Strategy Paper prepared by the Budget Office of the Federal Government of Nigeria… Reviewing the FGN Expenditure as at June 2016…we see that only N159.06b or 2.62% of the… Continue Reading →

How to mess up a budget 101

Posted on February 4, 2016 by kalu Aja

1. Put campeign promises above reality…switch from traditional budgeting to a complicated zero based budgeting in months….without sufficient training of the civil service. … 2. Fail to submit a Medium Term Expenditure Framework for the next three financial years… Continue Reading →