<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"
	xmlns:content="http://purl.org/rss/1.0/modules/content/"
	xmlns:wfw="http://wellformedweb.org/CommentAPI/"
	xmlns:dc="http://purl.org/dc/elements/1.1/"
	xmlns:atom="http://www.w3.org/2005/Atom"
	xmlns:sy="http://purl.org/rss/1.0/modules/syndication/"
	xmlns:slash="http://purl.org/rss/1.0/modules/slash/"
	>

<channel>
	<title>public finance Nigeria - Housing TV Africa</title>
	<atom:link href="https://www.housingtvafrica.com/tag/public-finance-nigeria/feed/" rel="self" type="application/rss+xml" />
	<link>https://www.housingtvafrica.com/tag/public-finance-nigeria/</link>
	<description>24/7 Breaking News, Housing News, Real Estate News, Mortgage News, Construction news, Property News</description>
	<lastBuildDate>Thu, 30 Jul 2026 10:53:41 +0000</lastBuildDate>
	<language>en-US</language>
	<sy:updatePeriod>
	hourly	</sy:updatePeriod>
	<sy:updateFrequency>
	1	</sy:updateFrequency>
	<generator>https://wordpress.org/?v=7.1.3</generator>

<image>
	<url>https://www.housingtvafrica.com/wp-content/uploads/2024/11/cropped-467525650_122213590052021108_4825452665835935767_n-32x32.jpg</url>
	<title>public finance Nigeria - Housing TV Africa</title>
	<link>https://www.housingtvafrica.com/tag/public-finance-nigeria/</link>
	<width>32</width>
	<height>32</height>
</image> 
	<item>
		<title>Budget 2026: Agencies Propose ₦400bn for Mosques, Palaces, Civic Centres and Related Projects</title>
		<link>https://www.housingtvafrica.com/budget-2026-agencies-propose-%e2%82%a6400bn-for-mosques-palaces-civic-centres-and-related-projects/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=budget-2026-agencies-propose-%25e2%2582%25a6400bn-for-mosques-palaces-civic-centres-and-related-projects</link>
		
		<dc:creator><![CDATA[Innocent Bethel]]></dc:creator>
		<pubDate>Thu, 30 Jul 2026 10:53:41 +0000</pubDate>
				<category><![CDATA[Business]]></category>
		<category><![CDATA[₦400bn public projects]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[Budget 2026 Nigeria]]></category>
		<category><![CDATA[budget transparency Nigeria]]></category>
		<category><![CDATA[capital budget Nigeria]]></category>
		<category><![CDATA[civic centres budget]]></category>
		<category><![CDATA[economic policy Nigeria]]></category>
		<category><![CDATA[federal agencies budget]]></category>
		<category><![CDATA[Fiscal policy Nigeria]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[infrastructure spending Nigeria]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[mosques budget Nigeria]]></category>
		<category><![CDATA[national budget Nigeria]]></category>
		<category><![CDATA[palaces budget Nigeria]]></category>
		<category><![CDATA[public expenditure Nigeria]]></category>
		<category><![CDATA[public finance Nigeria]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=36568</guid>

					<description><![CDATA[<p><img width="474" height="316" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/Mosque_1785378727-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p>
<p>Federal government agencies have proposed more than ₦400 billion in the 2026 budget for the construction and renovation of mosques, palaces, civic centres, halls, and other public facilities, according to budget documents submitted for legislative consideration. The proposals have sparked debate over public spending priorities at a time of economic pressure and growing infrastructure needs. [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/budget-2026-agencies-propose-%e2%82%a6400bn-for-mosques-palaces-civic-centres-and-related-projects/">Budget 2026: Agencies Propose ₦400bn for Mosques, Palaces, Civic Centres and Related Projects</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="474" height="316" src="https://www.housingtvafrica.com/wp-content/uploads/2026/07/Mosque_1785378727-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" /></p><p class="zlAe0W_TextBase zlAe0W_Text PDq2pG_selectionAnchorContainer" data-w-component="text" data-w-wrap="normal">Federal government agencies have proposed more than <span class="zlAe0W_TextBase zlAe0W_Text rFU14q_Emphasis" data-w-component="bold" data-w-default-strong="" data-w-inline="" data-w-wrap="normal">₦400 billion</span> in the 2026 budget for the construction and renovation of mosques, palaces, civic centres, halls, and other public facilities, according to budget documents submitted for legislative consideration. The proposals have sparked debate over public spending priorities at a time of economic pressure and growing infrastructure needs.</p>
<p class="zlAe0W_TextBase zlAe0W_Text" data-w-component="text" data-w-wrap="normal">The budget provisions are spread across several ministries, departments, and agencies and include projects such as worship centres, traditional institutions, community halls, event centres, and public assembly facilities. Analysts say the allocations have attracted public attention because of their size and the range of projects included.</p>
<p class="zlAe0W_TextBase zlAe0W_Text" data-w-component="text" data-w-wrap="normal">Critics argue that scarce public resources should be directed toward sectors such as housing, healthcare, education, roads, water supply, and electricity, where infrastructure deficits remain significant. They contend that increased investment in productive infrastructure would generate stronger economic and social returns.</p>
<p class="zlAe0W_TextBase zlAe0W_Text" data-w-component="text" data-w-wrap="normal">Supporters of the projects maintain that many of the proposed facilities serve community, cultural, religious, and social functions and can contribute to local development, social cohesion, and public welfare. They also argue that some of the projects involve rehabilitation or completion of existing public assets.</p>
<p class="zlAe0W_TextBase zlAe0W_Text" data-w-component="text" data-w-wrap="normal">Public finance experts have called for greater transparency in budget preparation and implementation, including clearer project descriptions, cost justification, procurement details, and measurable outcomes. They stress that effective oversight is essential to ensure value for money and prevent wasteful expenditure.</p>
<p class="zlAe0W_TextBase zlAe0W_Text" data-w-component="text" data-w-wrap="normal">The debate comes as the Federal Government continues discussions on the 2026 fiscal framework and broader efforts to improve budget credibility, revenue mobilisation, and public expenditure efficiency. Stakeholders say the controversy highlights the need for stronger alignment between national development priorities and capital budget allocations.</p>
<p class="zlAe0W_TextBase zlAe0W_Text" data-w-component="text" data-w-wrap="normal">Economists note that public confidence in government spending is strengthened when budget allocations are linked to clear economic benefits, service delivery improvements, and long-term development objectives.</p>
<p>The post <a href="https://www.housingtvafrica.com/budget-2026-agencies-propose-%e2%82%a6400bn-for-mosques-palaces-civic-centres-and-related-projects/">Budget 2026: Agencies Propose ₦400bn for Mosques, Palaces, Civic Centres and Related Projects</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>Nigeria Needs More Taxpayers, Not Higher Taxes, Says Oyedele</title>
		<link>https://www.housingtvafrica.com/nigeria-needs-more-taxpayers-not-higher-taxes-says-oyedele/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=nigeria-needs-more-taxpayers-not-higher-taxes-says-oyedele</link>
		
		<dc:creator><![CDATA[Innocent Bethel]]></dc:creator>
		<pubDate>Fri, 26 Jun 2026 10:12:24 +0000</pubDate>
				<category><![CDATA[Housing]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[Business News Nigeria]]></category>
		<category><![CDATA[debt financing Nigeria]]></category>
		<category><![CDATA[Economic Reforms Nigeria]]></category>
		<category><![CDATA[Fiscal policy Nigeria]]></category>
		<category><![CDATA[government revenue Nigeria]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[Nigeria economy]]></category>
		<category><![CDATA[Nigeria needs more taxpayers not higher taxes says Oyedele]]></category>
		<category><![CDATA[Nigeria tax reforms]]></category>
		<category><![CDATA[public finance Nigeria]]></category>
		<category><![CDATA[revenue generation Nigeria]]></category>
		<category><![CDATA[sustainable development Nigeria]]></category>
		<category><![CDATA[Taiwo Oyedele]]></category>
		<category><![CDATA[tax administration Nigeria]]></category>
		<category><![CDATA[tax base expansion]]></category>
		<category><![CDATA[Tax Compliance Nigeria]]></category>
		<category><![CDATA[Tax Policy Nigeria]]></category>
		<category><![CDATA[tax system Nigeria]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=35615</guid>

					<description><![CDATA[<p><img width="595" height="340" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/Taiwo-Oyedele-595x340-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="A professional portrait of Taiwo Oyedele, Nigeria&#039;s Minister of Finance, wearing a navy blue suit and a striped tie while seated in an office, from the file Taiwo-Oyedele.png." decoding="async" /></p>
<p>Nigeria needs more taxpayers, not higher taxes, according to Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, who said expanding the country&#8217;s tax base is essential to generating sustainable revenue and supporting long-term development. Oyedele stated that Nigeria&#8217;s tax challenge is not necessarily low tax rates but the relatively small [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/nigeria-needs-more-taxpayers-not-higher-taxes-says-oyedele/">Nigeria Needs More Taxpayers, Not Higher Taxes, Says Oyedele</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="595" height="340" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/Taiwo-Oyedele-595x340-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="A professional portrait of Taiwo Oyedele, Nigeria&#039;s Minister of Finance, wearing a navy blue suit and a striped tie while seated in an office, from the file Taiwo-Oyedele.png." decoding="async" loading="lazy" /></p><p class="PDq2pG_selectionAnchorContainer" data-start="97" data-end="410">Nigeria needs more taxpayers, not higher taxes, according to Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, who said expanding the country&#8217;s tax base is essential to generating sustainable revenue and supporting long-term development.</p>
<p data-start="412" data-end="785">Oyedele stated that Nigeria&#8217;s tax challenge is not necessarily low tax rates but the relatively small number of individuals and businesses that comply with tax obligations. He stressed the importance of ensuring that those who should pay taxes are brought into the tax net while promoting fairness and efficiency in tax administration.</p>
<p data-start="787" data-end="1142">According to him, the country cannot continue to depend heavily on borrowing to finance critical sectors such as infrastructure, education, healthcare, security, and social protection. He noted that building a sustainable fiscal system requires a broader tax base capable of generating stable and predictable revenue.</p>
<p data-start="1144" data-end="1465">Oyedele explained that effective tax reforms should encourage economic growth, reduce inequality, protect vulnerable groups, and improve productivity. He added that a well-functioning tax system could significantly accelerate national development and improve public service delivery.</p>
<p data-start="1467" data-end="1870">The comments come amid the implementation of ongoing tax reforms designed to simplify Nigeria&#8217;s tax framework, improve compliance, and make the system more competitive and equitable. Recent reforms also introduced relief measures and exemptions for low-income earners and small businesses while seeking to reduce the country&#8217;s reliance on debt-financed development.</p>
<p data-start="1872" data-end="2114">Economic experts say broadening the tax net through increased compliance and formalisation of economic activities could improve government revenue without placing additional burdens on existing taxpayers.</p>
<p>The post <a href="https://www.housingtvafrica.com/nigeria-needs-more-taxpayers-not-higher-taxes-says-oyedele/">Nigeria Needs More Taxpayers, Not Higher Taxes, Says Oyedele</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>MDAs Spend ₦11.8bn on Fuel in Four Months</title>
		<link>https://www.housingtvafrica.com/mdas-spend-%e2%82%a611-8bn-on-fuel-in-four-months/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=mdas-spend-%25e2%2582%25a611-8bn-on-fuel-in-four-months</link>
		
		<dc:creator><![CDATA[Innocent Bethel]]></dc:creator>
		<pubDate>Tue, 23 Jun 2026 10:32:33 +0000</pubDate>
				<category><![CDATA[Economic]]></category>
		<category><![CDATA[Africa Housing News]]></category>
		<category><![CDATA[budget implementation Nigeria]]></category>
		<category><![CDATA[Business News Nigeria]]></category>
		<category><![CDATA[economic news Nigeria]]></category>
		<category><![CDATA[energy costs Nigeria]]></category>
		<category><![CDATA[federal government spending]]></category>
		<category><![CDATA[fiscal management Nigeria]]></category>
		<category><![CDATA[fuel budget Nigeria]]></category>
		<category><![CDATA[fuel costs Nigeria]]></category>
		<category><![CDATA[government agencies Nigeria]]></category>
		<category><![CDATA[government expenditure Nigeria]]></category>
		<category><![CDATA[housing tv]]></category>
		<category><![CDATA[Latest Housing News & Updates - Housing TV Africa]]></category>
		<category><![CDATA[MDAs spend ₦11.8bn on fuel in four months]]></category>
		<category><![CDATA[Nigeria economy]]></category>
		<category><![CDATA[Open Treasury Portal]]></category>
		<category><![CDATA[petrol prices Nigeria]]></category>
		<category><![CDATA[public finance Nigeria]]></category>
		<category><![CDATA[public sector spending]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=35451</guid>

					<description><![CDATA[<p><img width="1536" height="864" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/Fuel-1536x864-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p>
<p>MDAs spend ₦11.8bn on fuel in four months as rising petrol costs continue to increase operational expenses across federal government agencies. Data obtained from the Open Treasury Portal showed that Ministries, Departments and Agencies of the Federal Government spent approximately ₦11.85 billion on fuel for vehicles and generators between January and April 2026. The figure [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/mdas-spend-%e2%82%a611-8bn-on-fuel-in-four-months/">MDAs Spend ₦11.8bn on Fuel in Four Months</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="1536" height="864" src="https://www.housingtvafrica.com/wp-content/uploads/2026/06/Fuel-1536x864-1.webp" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="" decoding="async" loading="lazy" /></p><p data-start="78" data-end="220">MDAs spend ₦11.8bn on fuel in four months as rising petrol costs continue to increase operational expenses across federal government agencies.</p>
<p data-start="222" data-end="572">Data obtained from the Open Treasury Portal showed that Ministries, Departments and Agencies of the Federal Government spent approximately ₦11.85 billion on fuel for vehicles and generators between January and April 2026. The figure represents a significant increase compared to the corresponding period in 2025.</p>
<p data-start="574" data-end="922">The expenditure reflects growing energy costs faced by public institutions following increases in domestic fuel prices and developments in the global oil market. The Open Treasury Portal, which tracks government spending and budget implementation, recorded the payments under fuel-related operational expenses.</p>
<p data-start="924" data-end="1284">According to the data, spending on motor vehicle fuel rose substantially during the review period, while expenditure on generator and plant fuel also recorded notable growth. The increase highlights the dependence of many government agencies on fuel-powered transportation and electricity generation to sustain operations.</p>
<p data-start="1286" data-end="1648">Budget allocations for fuel expenses also increased in 2026, reflecting expectations of higher energy costs throughout the year. Despite the rise in spending, only a small portion of the approved annual fuel budgets had been utilized as of April, leaving a significant balance available for the remainder of the fiscal year.</p>
<p data-start="1650" data-end="1956">Beyond vehicle and generator fuel, spending on other categories such as aircraft fuel, sea boat fuel, and fuel for transport equipment also recorded sharp increases during the period. These expenditures contributed to the overall rise in government fuel-related costs.</p>
<p data-start="1958" data-end="2265">Analysts say the trend underscores the impact of market-based fuel pricing on public sector operations. As Nigeria&#8217;s downstream petroleum sector remains largely deregulated, fluctuations in global oil prices and exchange rates continue to influence domestic fuel costs.</p>
<p data-start="2267" data-end="2534">The development has renewed discussions on energy efficiency, alternative power solutions, and cost-management strategies within government institutions as authorities seek to balance operational needs with fiscal sustainability.</p>
<p>The post <a href="https://www.housingtvafrica.com/mdas-spend-%e2%82%a611-8bn-on-fuel-in-four-months/">MDAs Spend ₦11.8bn on Fuel in Four Months</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></content:encoded>
					
		
		
			</item>
		<item>
		<title>FG Moves to Settle Contractors’ Debts, Boost Confidence in Economy</title>
		<link>https://www.housingtvafrica.com/fg-moves-to-settle-contractors-debts-boost-confidence-in-economy/?utm_source=rss&#038;utm_medium=rss&#038;utm_campaign=fg-moves-to-settle-contractors-debts-boost-confidence-in-economy</link>
		
		<dc:creator><![CDATA[Housing TV Africa News Desk]]></dc:creator>
		<pubDate>Wed, 06 May 2026 09:17:58 +0000</pubDate>
				<category><![CDATA[Economic]]></category>
		<category><![CDATA[News]]></category>
		<category><![CDATA[FG contractors debt]]></category>
		<category><![CDATA[Infrastructure Funding]]></category>
		<category><![CDATA[Nigeria economy]]></category>
		<category><![CDATA[public finance Nigeria]]></category>
		<category><![CDATA[Taiwo Oyedele]]></category>
		<guid isPermaLink="false">https://www.housingtvafrica.com/?p=33975</guid>

					<description><![CDATA[<p><img width="679" height="545" src="https://www.housingtvafrica.com/wp-content/uploads/2026/05/IMG_1679.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Finance Minister Taiwo Oyedele assures contractors of transparent settlement of outstanding debts to boost confidence and support Nigeria’s economy." decoding="async" loading="lazy" /></p>
<p>The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has initiated engagement with local contractors to resolve outstanding federal government obligations, signalling a renewed push to restore confidence in public sector financing. At a high-level meeting held in Abuja, the minister assured contractors that verified debts would be settled through a fair, [&#8230;]</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-moves-to-settle-contractors-debts-boost-confidence-in-economy/">FG Moves to Settle Contractors’ Debts, Boost Confidence in Economy</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p><img width="679" height="545" src="https://www.housingtvafrica.com/wp-content/uploads/2026/05/IMG_1679.jpeg" class="attachment-post-thumbnail size-post-thumbnail wp-post-image" alt="Finance Minister Taiwo Oyedele assures contractors of transparent settlement of outstanding debts to boost confidence and support Nigeria’s economy." decoding="async" loading="lazy" /></p><p>The Minister of Finance and Coordinating Minister of the Economy, Taiwo Oyedele, has initiated engagement with local contractors to resolve outstanding federal government obligations, signalling a renewed push to restore confidence in public sector financing.</p>
<p>At a high-level meeting held in Abuja, the minister assured contractors that verified debts would be settled through a fair, transparent, and structured process aligned with ongoing economic reforms.</p>
<p>Focus on Transparency and Accountability</p>
<p>According to a statement from the ministry’s spokesperson, Efe Ovuakporie, the meeting brought together representatives of the All-Indigenous Contractors Association of Nigeria to address long-standing payment delays tied to capital projects.</p>
<p>Oyedele emphasised that resolving these obligations is critical not only for contractors but also for broader economic stability.</p>
<p>“Resolving these obligations is important not just for contractors, but for confidence in government, job creation, business continuity, and overall economic stability,” he said.</p>
<p>Addressing Longstanding Payment Delays</p>
<p>The engagement focused on reconciling outstanding claims, improving accountability, and developing a credible framework for payment.</p>
<p>The minister acknowledged contractors’ concerns over delayed payments, contract variations, and the impact of fiscal reforms on project execution. He noted that the government is working with relevant institutions to verify claims and implement a sustainable payment structure.</p>
<p>Balancing Fiscal Discipline and Obligations</p>
<p>Oyedele stressed that while the government remains committed to economic reforms, it will also ensure that legitimate obligations are honoured responsibly.</p>
<p>“The government recognises the critical role local contractors play in infrastructure development and economic growth. We are determined to resolve all outstanding issues through structured engagement within the framework of fiscal responsibility,” he added.</p>
<p>Contractors Express Optimism</p>
<p>Representatives of the contractors welcomed the initiative, describing it as a step toward resolving a prolonged impasse with the government. They expressed optimism that the dialogue would translate into practical solutions and pledged continued cooperation to ensure timely delivery of infrastructure projects.</p>
<p>Key Officials Present</p>
<p>The meeting was attended by senior government officials, including the Permanent Secretary of the Federal Ministry of Finance, Raymond Omachi; Permanent Secretary (Special Duties), Mohammed Sanusi Danjuma; and the Accountant-General of the Federation, Shamseldeen Ogunjimi, alongside directors from relevant departments.</p>
<p>The post <a href="https://www.housingtvafrica.com/fg-moves-to-settle-contractors-debts-boost-confidence-in-economy/">FG Moves to Settle Contractors’ Debts, Boost Confidence in Economy</a> appeared first on <a href="https://www.housingtvafrica.com">Housing TV Africa</a>.</p>
]]></content:encoded>
					
		
		
			</item>
	</channel>
</rss>
