Nigeria
CBN TAKES FISCAL REPORTING DIGITAL ACROSS 36 STATES AND 774 LOCAL GOVERNMENTS
The Central Bank of Nigeria is digitalizing its Sub National Fiscal Survey across all 36 states, the Federal Capital Territory and 774 Local Government Areas as it moves away from a largely manual reporting system. The new platform is expected to improve the speed, accuracy and validation of fiscal information while supporting a transition from twice yearly reporting to quarterly submissions. The CBN says the improved data will give policymakers a clearer picture of government revenue, spending, financing needs, liquidity, borrowing conditions and inflation.
BigV•1h ago•1 min read