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GovSpend: Exploring Insights from 2020 – 2024 Daily Payment Transactions
To enhance transparency and accountability in public spending in Nigeria, BudgIT has conducted a comprehensive five-year trend analysis covering the period from 2020 to 2024. This analysis reveals a total of 323,792 transactions classified into various categories, including Unknown Transactions, Payments without Descriptions, Payments made to Private Accounts, Payments directed to Contractor Accounts, and Payments to Ministries, Departments, and Agencies. The primary objective of this report is to provide a detailed overview of total disbursements from 2020 to 2024. In addition, the report offers a thorough breakdown of the individuals and organisations that secured the most substantial contracts with the government over the past five years.
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