Discover and read the best of Twitter Threads about #2022Budget
Most recents (4)
We conducted an analysis on the quality of @nassnigeria’s FG Budget reviews. Our findings point to gross abuse of appropriation powers, fueling inefficiency & waste that contribute to poor service delivery and ineffective economic policy.
See more: yourbudgit.com/data/ 1/5
See more: yourbudgit.com/data/ 1/5
1,522 projects with a cumulative cost of N186.61bn were inserted into the #2022budget of @FmardNg. Key allocations to projects that are crucial to achieving the strategic goal of the Nat Devt Plan were drastically reduced to create fiscal space for the @nassnigeria insertions.2/5
Worrisomely, a number of projects in the 2022 approved budget can be directly linked to principal officers of the National Assembly. It would seem that National Assembly members are becoming more emboldened to put their names on public projects funded with taxpayers' money. 3/5
BREAKING
Our latest analysis of the #2022Budget reveals that some projects linked to MDAs that cannot execute them are directly connected to @nassnigeria leaders, including Hon. @femigbaja & Sen. @OvieOmoAgege.
We call on NASS to review this and other infractions Now!
Thread!
Our latest analysis of the #2022Budget reveals that some projects linked to MDAs that cannot execute them are directly connected to @nassnigeria leaders, including Hon. @femigbaja & Sen. @OvieOmoAgege.
We call on NASS to review this and other infractions Now!
Thread!
Another cause for concern is the timeframe within which the 6,576 capital projects were inserted into the budget by legislators. BudgIT has valid concerns on whether the Project Design Documents (PDD) were created as required by the 2022 Budget Public Investment Guidelines.
A poorly designed and costed public sector project is almost destined to fail ab initio and lead to poor value for money for taxpayers.
BREAKING
BudgIT identifies 460 duplicated projects totalling N378bn and other corruption loopholes in the #2022budget.
BudgIT also raises alarm on the N67.8m allocated to the Ministry of Environment to “build gun armouries” in 4 states, a project outside its mandate.
Thread!
BudgIT identifies 460 duplicated projects totalling N378bn and other corruption loopholes in the #2022budget.
BudgIT also raises alarm on the N67.8m allocated to the Ministry of Environment to “build gun armouries” in 4 states, a project outside its mandate.
Thread!
Our preliminary analysis of the 21,108 capital projects in the 2022 approved budget revealed 460 duplicated projects amounting to N378.9billion. Recall that BudgIT observed 316 duplicated projects in the 2021 FG Budget approved by @nassnigeria. @ICPC_PE verified 257 duplications,
while the Budget Office confirmed the existence of only 185 duplicated projects worth N20.13bn, after which it informed the public that funds were not released for the projects in 2021.
1. In 2021 Zim is under global spotlight for its high level of corruption. Estimates say US$1-3 billion is being lost every quarter through direct theft of precious minerals like gold. Once every so often the media is awash with high profile stories of 'catch and release.
2. For over a decade now the Auditor General's Annual report has painted a grim picture of inefficiency, financial misgovernance and loss of public funds in government departments and state enterprises.
3. At all Budget Consultations citizens, in particular expect reports by the Zimbabwe Coalition on Debt and Development highlight the worsening illicit financial outflows and how this is comprising the national budgeting process.
