FG Begins Verification Of Monthly Budget Support Facility

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The Federal Government has commenced the verification of its monthly Budget Support Facility to the states.
The importance of the exercise is to ensure that benefiting state governments comply with the mutually agreed Fiscal Sustainability Plan prescribed by the National Economic Council (NEC).

The resolution was reached at the first NEC meeting in 2017, presided over by Vice President YemiOsinbajo on Thursday at the Presidential Villa in Abuja, Nigeria’s capital.
The Minister of Finance, MrsKemiAdeosun, said that eight accounting firms have been appointed and had already begun the audit process.




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