State House overshot its full-year recurrent budget by Sh2.7 billion within the first seven months of the current financial year, intensifying scrutiny over spending controls within government.

Many companies incur expenses that provide benefits in future years. A business must capitalize most of these expenditures. However, some of the expenses are annual, recurring items. The Seventh ...

Katsina State commissioner for budget and economic planning, Malik Anas, has disclosed that receipts from the Federation Accounts Allocation Committee (FAAC) accounted for over 87 per cent of the ...

BUDGIT has hailed Edo State government for prudent allocation of resources. It said this has enabled the Governor Godwin Obaseki-led administration to meet its monthly recurrent expenditure ...