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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
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