Abuja, Nigeria – The Federal Government’s recent settlement of over N2 trillion in outstanding capital budget arrears from the 2024 fiscal year has been met with widespread acclaim. This development is seen as a significant step towards boosting the country’s economic growth and improving the lives of Nigerians.
According to BudgIT, the settlement is commendable, and the increase in states’ fiscal surplus from N2.8 trillion in 2023 to N7.1 trillion provides subnationals with more fiscal space to invest in critical areas such as:
– Infrastructure Development
– Healthcare
– Education
As the focus shifts to 2025 capital releases, stakeholders are urging the government to sustain this momentum. Citizens are also being encouraged to take ownership of public funds by monitoring disbursements and tracking how these funds are being used in their states and communities.
How You Can Make a Difference:
– Monitor Projects: Visit (https://yourtracka.org) and (https://govspend.ng) to track disbursements and project implementation in your community.
– Demand Accountability: Hold your leaders accountable for the effective utilization of public funds.
– Join the Conversation: Engage with other citizens and stakeholders to ensure that public funds work for the people.
By working together, Nigerians can ensure that increasing revenue translates to increasing development across all states, LGAs, and communities. Let’s make sure public funds serve the greater good.
Brooom Nigeria
www.broomnigeria.com
08068505032 whatsapp
09054006557 Text/Call broomforeveryhome@gmail.com
Facebook.com/broom.home.1
X@broomhome
Instagram@broomhome
