Ablakwa’s so-called AFCON budget ‘exposé’, a dishonest rhetoric by a political propagandist

[ad_1] I have read, unsurprisingly, a so-called investigative result, which claimed to have “uncovered” Ghana’s “hidden” budget for the Black Stars’ disappointing campaign in the African Cup of Nations in Cote d’Ivoire.  In as much as I found the write up, verbose, baseless and ridiculous, I was not surprised by the characteristic attempt by the … Read more

Gov’t budget for AFCON 2023 leaked; $8.5m in total

[ad_1] It is emerging that the government of Ghana budgeted $8,506,450 for the 2023 Africa Cup of Nations (AFCON 2023). An amount of $5,071,840.36 was initially requested from the Ministry of Finance to be released as part payment. This was revealed by the Member of Parliament for North Tongue Constituency, Samuel Okudzeto Ablakwa. “The figure … Read more

House of Reps scrap N5bn budget for Presidential Yacht

[ad_1] The House of Representatives has scrapped the N5 billion budgeted for the purchase of a Presidential yacht.    Speaking to newsmen after the passage of the Supplementary budget today, November 2, Chairman of the House Committee on Appropriation, Abubakar Bichi, said the lawmakers considered the public interest in scrapping the budget for the Yacht … Read more

FG projects N26trn for 2024 budget

[ad_1] The Federal Government is projecting a sum of N26 trillion as the estimate for the 2024 appropriation budget.    The Minister of Planning and Budget, Atiku Bagudu, disclosed this while briefing State House correspondents at the end of the Federal Executive Council (FEC) meeting presided over by President Bola Tinubu at the Presidential Villa … Read more

FG in talk with World Bank for $1.5bn budget support loan – Wale Edun

[ad_1] Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun has revealed that the federal government is in talks with the World Bank for a $1.5billion budget support facility.   Edun who disclosed this at the Nigerian Delegation briefing on the sideline of the International Monetary Fund (IMF)/World Bank Annual Meeting in … Read more