Regulatory CompliancePublic ProcurementFiscal DisciplineGovernment ContractsFinancial ManagementPolicy
2 days agoNigerian Government Mandates Budget Approvals Before Contract Awards for MDAs
New Treasury Circular from Nigeria's Federal Government enforces budget approval for all contract awards, effective immediately. This move aims to ensure fiscal discipline, improve budgeting processes, and enhance compliance with the Public Procurement Act for the fiscal year 2026.