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Joshua Olufemi
(He/Him)
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#OpenAudit Scorecard: Gombe, Kano lead out of 19 states | Dataphyte
Dataphyte
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Transparency in budgeting and contracting mostly remains missing in state governments. Even more uphill is the task for civic organisations in partnering with these governments to help establish open portals. Incentivising governments to coerce fiscal accountability has proved effective, albeit on a small scale.
2021 Budget: Security Agencies budget ₦22.7 Billion on Security Votes | Dataphyte
Dataphyte
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A vote against Security Votes, controversial allocation makes a return to an uncertain 2021 budget with only 40% debt financing. Recall, many reports had previously condemned these expenses on their secretive and excessive nature.
Federal Ministry of Health records first case of Coronavirus, more personnel may be infected | In...
The International Center for Investigative Reporting (ICIR)
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THE Federal Ministry of Health has recorded its first case of Coronavirus. An anonymous source who attended the National Council on Health meeting held during the week confirmed the information to DATAPHYTE. According to the source, the first case which has been confirmed by the test result from the Nigeria Centre for Disease Control is reported to be a staff of the Department of Planning, Research and Statistics.
Federal Ministry of Health Records Index Case of Coronavirus, More Personnel May Be Infected | Da...
Dataphyte
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The Federal Ministry of Health has recorded the index case of Coronavirus, on Friday, June 19, DATAPHYTE can confirm. An anonymous source who attended the National Council on Health meeting which held virtually confirmed the information to DATAPHYTE on Tuesday. However, it was a usual workday yesterday when the reporter visited the complex of the [...]
How Factual Is The Claim That NAPIMS Saved $5 Billion in Production Cost? | Dataphyte
Dataphyte
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A recent forensic analysis on the claim by the National Petroleum Investment Management Services (NAPIMS) regarding $5billion savings on the cost of production, has proven bogus and unverifiable. The claim further calls for scrutiny accrued revenue to the Federation in the same period. In August 2017, NAPIMS raised the hope of stakeholders in the oil [...]
ANALYSIS: N25 trillion FAAC distribution and lingering financial challenges of state governments
Premium Times
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Wait for a second, imagine how much your state received from the monthly Federal Account Allocation Committee (FAAC) disbursement in December 2018. Stretch your thoughts to your local government as well. What numbers do you come up with? Hold your guess now.
Special Report: Nigeria's four seasons of lavishness with N15.46 trillion Excess Crude Fund | Dat...
Dataphyte
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In the last fifteen years, the Nigerian government has spent at least $107.4 billion (the equivalent of N15.46 trillion) from the Excess Crude Account (ECA) under the administrations of Olusegun Obasanjo, Umaru Musa Yar Adua, Goodluck Jonathan and incumbent President Muhammadu Buhari. A Premium Times Centre for Investigative Journalism (PTCIJ) report revealed that Nigeria earned $109.37 billion, [...]
N15.5 trillion of LGA allocation 'pocketed' by State Governments in the last 12 years | Dataphyte
Dataphyte
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In the last 12 years, 15.5 trillion were duly transferred to states on behalf of the 774 local governments, yet there is no public information on what portion of that 15.5 trillion, each local government received A monthly average of N139,117,586 or an annual average of 1.67 billion naira (N1,669,411,036) has accrued to each local government in Nigeria.
ANALYSIS: N25 trillion FAAC distribution and lingering financial challenges of state governments ...
Dataphyte
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Take a second to imagine how much your state received from the monthly Federal Account Allocation Committee (FAAC) disbursement in December 2018. Consider your local government's budget as well. What numbers did you come up with? How does your estimate match with reality? As the chart below clearly shows, there is a vast disparity between [...]
SPECIAL REPORT: Nigeria's four seasons of lavishness with N15.46 trillion Excess Crude Fund - Pre...
Premium Times
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In the last fifteen years, the Nigerian government has spent at least $107.4 billion (the equivalent of N15.46 trillion) from the Excess Crude Account (ECA) under the administrations of Olusegun Obasanjo, Umaru Musa Yar Adua, Goodluck Jonathan and incumbent President Muhammadu Buhari.
Paradise Papers: Saraki violates Nigerian law again, linked to another firm in offshore tax haven...
Premium Times
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The President of the Nigerian Senate, Bukola Saraki, is in trouble again. On Sunday his name popped up in the global list of infamy exposing some leading world politicians for utilising shell companies in tax havens to either conceal assets, evade tax, or launder funds.
EXCLUSIVE: Hidden assets of Nigerian governor uncovered in offshore tax havens - Premium Times Ni...
Premium Times
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Secret assets belonging to the current governor of Niger State, Abubakar Bello, have been uncovered in offshore tax havens, including the notorious British Virgin Islands. The discoveries were made as PREMIUM TIMES continues to scrutinize the over 11 million Mossack Fonseca documents contained in the sleaze dossier now known worldwide as the Panama Papers.
INVESTIGATION: At least ₦11.56 trillion Excess Crude Fund unaccounted for in 8 years - Premium Ti...
Premium Times
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At least N11.55 trillion or $84.52 billion expected revenue into the coffers of the nation's Excess Crude Account for the eight-year period from 2007 to 2014 are unaccounted for, according to findings by PREMIUM TIMES based on data from multiple government agencies not made public, in violation of the laws of the land, for about a decade now.
EXCLUSIVE: How Nigeria's Accountant General deceived VP Osinbajo, governors; ₦324 billion oil mon...
Premium Times
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At a time Nigeria is facing severe economic crunch, a comprehensive oil report presented to the National Economic Council (NEC) has been found to be silent on a whopping N323.58 billion earned as crude oil revenue under the President Goodluck Jonathan government.
What "missing" N11.56trillion excess crude fund can do for Nigeria - Premium Times Nigeria
Premium Times
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If one third of the Nigerian population were to queue up for a bonus pay cheque, no fewer than 53 million citizens will smile home with N18,000 every month for a full year from the unaccounted N11.56 trillion Excess Crude Accounts now subject of national accountability scandal.