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Open budgeting, robust climate finance reporting key to effective action — BudgIT

Open budgeting, robust climate finance reporting key to effective action — BudgIT

By Progress Godfrey As Nigeria struggles with growing impact of climate change and weak public finance systems, BudgIT Foundation, a civic and fiscal policy advocacy organisation, has stated that open budgeting and robust climate finance reporting are crucial to the country’s ability to respond effectively. The organisation made this known during a stakeholder workshop held in Abuja […]

Payment security remains biggest barrier to bankable gas, Power projects — FirstCap MD

Payment security remains biggest barrier to bankable gas, Power projects — FirstCap MD

By Babajide Komolafe Managing Director/CEO of FirstCap Limited, Mr. Ukandu E. Ukandu, an investment banking firm and subsidiary of First HoldCo Plc., has reaffirmed that payment security remains the most decisive factor in determining whether gas and power projects in Nigeria secure financing. He shared this perspective during a panel discussion on project bankability at the […]

How we‘ll achieve $1trn economy — Uzoka-Anite 

How we‘ll achieve $1trn economy — Uzoka-Anite 

By Emma Ujah,    Abuja  Bureau Chief The Minister of State for Finance, Dr. Doris Uzoka-Anite, has said that President Bola Tinubu’s target of $1 trillion economy by 2030 cannot be achieved by government efforts alone. Addressing the Annual General Meeting (AGM) of the Finance Correspondents Association of Nigeria (FICAN), in Abuja, yesterday, she said that […]