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G7 devt finance institutions, others to invest $80bn into African

G7 devt finance institutions, others to invest $80bn into African
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Fund extends $1m for African countries transition to green grids |

By Temitope Ponle Abuja, May 26, 2021 The Sustainable Energy Fund for Africa (SEFA) has extended a one-million-dollar grant to African countries for transition to flexible green grids and other clean power solutions. This is contained in a statement by the African Development Bank (AfDB) on Wednesday. The fund is ahead

Grants: FG tasks states on National Chart of Account

By Temitope Ponle Abuja, April 5, 2021 The Federal Government has urged state governments to domesticate the National Chart of Account (NCoA). This is to qualify them for performance-based grants under the States’ Fiscal Transparency Accountability and Sustainability (SFTAS) Programme for Results 2020 Annual Performance Assessment (APA). Mr Stephen Okon, the National Programme Coordinator (NPC), SFTAS Programme, made the call in a statement by Mr Ibrahim Mohammed, Communication Specialist, SFTAS Programme Coordination Unit, Ministry of Finance, Budget and National Planning. The federal government also advised the states to take steps in qualifying for performance-based grants under COVID-19 related Disbursement Linked Indicators (DLIs) due in 2021.

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