Nigeria
₦264BN EDUCATION FUNDS SIT UNUSED AS FG FACES POTENTIAL ₦465.7BN TRANSPORT ALLOWANCE BILL
State governments had ₦264.12 billion in already disbursed UBEC matching grants still unspent when the commission carried out financial monitoring, despite persistent infrastructure problems in public schools. Separately, the Federal Government’s approved ₦70,000 monthly transport allowance for public servants could cost about ₦465.7 billion over six months if all approximately 1.1 million federal payroll records qualify. The ₦465.7 billion figure is an estimate, not an approved transport infrastructure master plan. Punch Newspapers
BigV•2h ago•1 min read