Tag: state budgets

  • SERAP takes subsidy-savings fight to court, demands project-by-project disclosure

    SERAP takes subsidy-savings fight to court, demands project-by-project disclosure

    2025-12-29 09:00:00
    According to Punch, SERAP has sued state governments and named officials over the handling of fuel-subsidy savings, arguing that the public deserves full disclosure of what was received and which projects were funded.

    The group’s case is built around traceability: if subsidy removal was justified partly as freeing funds for development, then spending should be linked to locations, contractors and outcomes.

    A separate report also framed the case as an attempt to compel disclosure and accountability around subsidy-era windfalls at subnational level.

    The suit matters because it could expand expectations of fiscal transparency from Abuja to the states, especially around pooled or shared national savings.

    Punch reported SERAP is asking the court to force disclosure of how subsidy savings were spent, while another report described the suit as a bid to compel “accountability and transparency” over the funds.

    Echotitbits take: If courts entertain the suit, governors may face new documentation pressure. Watch for whether the case triggers pre-emptive publication of state-level scorecards—projects, costs and completion status.

    Source: THISDAYLIVE — https://newsdiaryonline.com/serap-sues-governors-wike-over-failure-to-account-for-n14trn-fuel-subsidy-savings/ — December 29, 2025

    THISDAYLIVE 2025-12-29

    Photo Credit: THISDAYLIVE

  • Budget review shows 20 states spent ₦494bn on debt service and foreign trips in nine months

    Budget review shows 20 states spent ₦494bn on debt service and foreign trips in nine months

    Photo Credit: The Punch
    2025-12-27 06:00:00

    Figures cited by Punch indicate an analysis of budget reports found 20 Nigerian states spent about ₦494bn on debt service and foreign travel within the first nine months of 2025.

    The report highlights how debt repayments can crowd out social and capital spending, while travel costs often become a lightning rod in public debates about austerity and value-for-money.

    Fiscal reform advocates argue that clearer procurement rules, public dashboards, and quarterly disclosures can help citizens track what travel delivers—training, investment, diplomacy—or whether it is simply overhead.

    Echotitbits take:
    The key question is opportunity cost: what didn’t get funded because debt service and travel consumed scarce resources? Watch for state-level transparency reforms, and whether assemblies demand sharper reporting on outcomes tied to trips.

    Source: The Punch — December 27, 2025 (https://punchng.com/foreign-trips-debt-service-gulp-n494bn-in-20-states/)
    The Punch December 27, 2025