Nigeria In One Minute
FG to Track Donor Funds through Annual Budgets
To make for effective national planning, funds from donor agencies into the country for ministries, departments and agencies (MDAs) will now be reflected in annual budgets.
Although the modalities for going about it is still unclear, a top government official told THISDAY on telephone Saturday that there currently exists no complete record of what comes into the country as donor funds to the MDAs.
According to him, funds extended to the MDAs through donor agencies are not captured in the budgets, hence such funds are not officially tied to projects captured in annual budgets.
THISDAY, December 10, 2017
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