Home News Information Ministry To Spend N58 million On Digitisation of Cash Books Registers
NewsTechnology

Information Ministry To Spend N58 million On Digitisation of Cash Books Registers

811

Nigeria’s Federal Ministry of Information has budgeted the sum of N58 million for the digitisation of items such as cash books, vote books, registers and ledgers.

This is contained in the 2024 Appropriation Act of the Federal Republic of Nigeria.

This allocation can be found on page 219 of the 2024 Appropriation Act. It is tagged: “Digitisation of Vote Books, Cash books, Fixed Assets registers, Advances ledgers, etc. by the Finance and Account Department.”

This differs from the allocation of N42.3 million for the provision of Enterprise Content Management (ECM) as part of the ministry’s digitisation process. Checks by West Africa Weekly show that top ECM software does not cost up to $5,000 (roughly N8 million)

The ministry also separately budgeted N13.4 million for the “digitisation of procurement records, tender administration, and processes.”

This is over N100 million for over-inflated digitisation exercises when most citizens groan over hunger and economic hardship under the President Bola Tinubu administration.

Read More:

About The Author

Related Articles

Nigeria’s External borrowing
FinanceNews

Tinubu Government Delays Release of Signed Tax Acts to the Public

Four days after President Bola Tinubu announced the signing of four tax...

one-party state in Tinubu's administration
News

As Tinubu Urges Africa-Caribbean Unity in Saint Lucia, Over 272 Nigerians Killed in June Alone

While Nigerians deal with deadly violence, worsening hunger, and mass flooding, President...

BusinessNews

You Can’t Tax a Dead Economy: Nigeria Is Suffocating Under Its Own Policies

As Nigeria’s Central Bank clings to its benchmark interest rate of 27.5...

News

“Wike is Not a Blessing to Us, He’s a Disaster” — Workers Protest in Nigeria’s Capital Over Unpaid Wages, Poor Working Conditions

Staff members of the Federal Capital Territory Administration (FCTA) in Abuja barricaded...