• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Business & Finance Business

GPS coordinates for capital projects boost transparency in 2025 budget

Quadri Olaitan by Quadri Olaitan
July 26, 2025
in Business
0
GPS Coordinates for Capital Projects

GPS Coordinates for Capital Projects are now mandatory for all MDAs’ 2025 budgets over N150m, enhancing transparency, traceability, and fiscal discipline nationwide

GPS Coordinates for Capital Projects have become a mandatory requirement for all Ministries, Departments, and Agencies (MDAs) in Nigeria planning capital projects worth N150 million or more, according to the 2025 Appropriation Act implementation guidelines.

Also read: BREAKING: Reps pass amended 2024 budget of N35.055trn

This directive, issued by the Budget Office of the Federation, mandates MDAs to include precise GPS locations in their expenditure plans.

The move aims to boost transparency, prevent duplication, and ensure proper monitoring of large-scale public projects.

MDAs must submit full-year monthly expenditure plans complete with GPS coordinates by July 31, 2025, to both the Budget Office and the Office of the Accountant-General of the Federation (OAGF).

These plans will serve as the foundation for national cash planning throughout the fiscal year.

To ensure alignment with federal priorities, each plan must be signed by the Director-General of the Budget Office.

The initiative strengthens the Bottom-Up Cash Management strategy and supports digital tools that allow independent verification of project sites.

The guidelines also emphasize that procurement must align with approved budgets and warns that capital project implementation will not extend beyond December 2025.

Cash releases will be tied to submitted expenditure plans, as governed by a unified fiscal framework under the Fiscal Responsibility Act of 2007, with final approval from the Minister of Finance.

Also read: 2024 budget: Group hails Tinubu, predicts economic boom for Nigeria

This policy introduces a much-needed fiscal discipline and aims to restore public trust in government capital spending by enhancing project traceability and impact assessment.

Quadri Olaitan
Quadri Olaitan

Discover more from Freelanews

Subscribe to get the latest posts sent to your email.

Related Posts

Nigerian Breweries11 750x375 1
Business

Report: Nigerian Breweries, International Breweries, Guinness Nigeria booked N254.8bn pre-tax Losses

by Quadri Olaitan
May 3, 2024
made in nigeria
Business

‘Economic integration’ AfCFTA a new dawn in African unification– ACCI

by Freelanews
January 2, 2021
MTN Dangote Cement
Business

Dangote, MTN, others lose N1.7tn to naira depreciation

by Quadri Olaitan
March 20, 2024
NNPCL Fuel Price Reduction
Business

Nigeria’s petrol costs drop 20% on landing but retail prices soar amidst inflation, fuel market deregulation

by Quadri Olaitan
November 11, 2024
roseline ilori. 12
Business

‘Japa Syndrome’ Expert calls for more investments in technology in solving problems

by Rtn. Victor Ojelabi
October 29, 2022

Leave a ReplyCancel reply

ADVERTISEMENT

Recent News

culture change

The efficacy of bottom up culture change explained through Boiling Water Theory

October 16, 2025
Barry Malone

Barry Malone refutes false Nigeria genocide claim

October 16, 2025
Ben Murray-Bruce joins APC

Ben Murray-Bruce joins APC in bold political move

October 16, 2025
Moyo Ogunlewe

Moyo Ogunlewe warns against risky land purchases

October 16, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
Taylor Swift deepfake scandal

Taylor Swift faces deepfake scandal as Swifties call for stricter regulation

January 25, 2024
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
culture change

The efficacy of bottom up culture change explained through Boiling Water Theory

October 16, 2025
Barry Malone

Barry Malone refutes false Nigeria genocide claim

October 16, 2025
Ben Murray-Bruce joins APC

Ben Murray-Bruce joins APC in bold political move

October 16, 2025
Moyo Ogunlewe

Moyo Ogunlewe warns against risky land purchases

October 16, 2025
October 2025
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Follow Us

  • Facebook
  • TikTok
  • YouTube
  • Instagram

Hot!

culture change

The efficacy of bottom up culture change explained through Boiling Water Theory

October 16, 2025
Barry Malone

Barry Malone refutes false Nigeria genocide claim

October 16, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from Freelanews

Subscribe now to keep reading and get access to the full archive.

Continue reading