FG Urges States To Strive For Performance-Based Grants In 2021

The Federal Government has urged states to domesticate the National Chart of Account (NCoA) to qualify for performance-based grants under the States’ Fiscal Transparency Accountability and Sustainability (SFTAS) Programme for Results 2020 Annual Performance Assessment (APA) and COVID 19 related Disbursement Linked Indicators (DLIs) due in 2021. SFTAS is a $1.5 billion programme for results […]

FG

FG advises states on requirements for $1.5bn fiscal support

The Federal Government on Sunday urged states to domesticate the National Chart of Account to qualify for performance-based grants under the States’ Fiscal Transparency Accountability and Sustainability Programme. It said the SFTAS was for results of the 2020 annual performance assessment and COVID-19 related disbursement-linked indicators due in 2021. It said the SFTAS was a[…..]

Budget Transparency: Bayelsa denies participating in World Bank-assisted assessment for states.

The Bayelsa government did not fail to meet the criteria for selection of states to benefit from the N123.34 billion World Bank-assisted performance assessment by the Federal Government for states the state Commissioner for Information, Orientation and Strategy Ayiba Duba, said on Friday. Mr Duba who spoke to the News Agency of Nigeria (NAN) in[…..]

FGN Disburses N66.5billion to States For Amended COVID-19 Responsive 2020 Budget

The federal government of Nigeria (FGN) has disbursed the sum of N66.5billion (USD$175 million) to eligible States on the basis of the Amended COVID-19 Responsive 2020 Budget results achievement. Mrs. Zainab Shamsuna Ahmed, the Honorable Minister of Finance, Budget and National Planning, who disclosed this in a statement signed by Mr. Hassan Dodo, the ministry’s[…..]