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Budgets & forecast for SMEs (1)

Even though there has been considerable  improvement in the appreciation of the peculiar nature of small & medium enterprise, SMEs, in terms of standard operating procedures, SOPs, most banks    expect the small business owner to operate a semblance of formalization in their business approach.

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BudgIT berates state govts for hiding budgets details

BudgIT, a civic tech transparency organization has berated state governments for not disclosing details of their 2018 budget. The group also accused the governments of Lagos state and Kwara state of been notoriously opaque in budget disclosures. In a statement titled, “Opaque Nigerian State Budgets”, signed by the Project Manager, BudgIT, Mr. Abayomi Akinbo, the group said that twenty-one states of the federation are yet to publish online their 2018 budget documents for consumption by citizens.

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What did you with 2016, 2017 budgets, Fayose asks President Buhari

Ekiti State Governor, Mr. Ayodele Fayose has said that President Muhammadu Buhari should be ashamed that he signed 2018 budget in June instead of blaming the National Assembly for performing its constitutional duties, asking “The previous budgets that he agreed with the National Assembly, what did he do with them? Where are the impacts of 2016 and 2017 budgets?”

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