Budget Planning and Economic Development

 Objectives are:

•  To advise Government on financial and economic policies designed to facilitate effective management of resources of the State;
•  To institute measures that will boost the internally generated revenue of the State as well as ensure timely collection of all revenue accruing to the State;
•   To conduct research into financial and general economic issues prepare and examine financial reports, memoranda, position, papers etc;
•  To advise Government on Socio-economic issues;
•  To control the expenditure of all Ministries and Departments and ensure prudence in all public expenditure;
•  To prepare annual Estimates of Government which will embody projects and programmes and the broad objectives of the Government during the Year;
•  To prepare Development Plans designed to accelerate the development of the economy and guarantee a higher standard of living and happiness for   the people;
• To carry out periodic reviews of the projects and programmes in the Plan in order to ensure conformity with laid down objectives;
• To carry out inspection visits of on-going projects in the Development Plan with a view to identify bottlenecks, plan implementation and advising Government on how the bottlenecks could be minimised;
• To prepare pre-feasibility reports on projects and also analyse and appraise projects (on which there are reports) for the purpose of determining their social and economic viability;
• To co-ordinate all technical assistance programmes and liase with the appropriate Federal Government Agencies.

Approved 2010 Budget of Consolidation