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Abandoned projects: Fed Govt bars ministries from awarding unfunded contracts

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Abandoned projects: Fed Govt bars ministries from awarding unfunded contracts

03 Aug, 2026

The Federal Government has barred Ministries, Departments and Agencies from awarding contracts or entering into any financial commitments without first securing the required budgetary approval and cash backing, in a move aimed at tightening fiscal discipline and enforcing compliance with procurement laws. The directive was contained in a Federal Treasury Circular dated July 31, 2026, and signed by the Accountant-General of the Federation, Dr Shamseldeen Ogunjimi...............................READ MORE