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    MarketForces Africa » MarketForces News » Reps to Probe N200bn Spent on 2023 Population Census

    Reps to Probe N200bn Spent on 2023 Population Census

    Julius AlagbeBy Julius AlagbeMarch 7, 2024 News No Comments2 Mins Read
    Reps to Probe N200bn Spent on 2023 Population Census
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    Reps to Probe N200bn Spent on 2023 Population Census

    The House of Representatives is set to probe the N200 billion spent on the suspended 2023 Population and Housing Census.

    This followed the adoption of a motion by Rep. Clement Akanni (PDP-Osun), during plenary in Abuja on Thursday.

    Moving the motion, Akanni said the immediate-past administration of former president Muhammadu Buhari, planned

    to conduct another census in 2022 but the programme was later postponed to 2023.

    He said the former minister of state for budget and national planning, Mr Clem Agba said a total of N869 billion would be required for the exercise.

    “This figure, according to the

    minister, included Post-Census-Activities, adding that the National Population Commission (NPC) said, it spent about 200 billion to prepare for the 2023 population and housing census.”

    According to him, the exercise was, however, suspended indefinitely by Buhari,  a few days before leaving office.

    He added that the need to provide the nation with accurate and reliable demographic data for policy

    formulation and planning for sustainable development remained imperative

    Adopting the motion, the house mandated the Committee on Population to invite the Director-General of the NPC,  to explain how the N200 billion meant for the suspended 2023 population and housing census was spent.

    The house urged the committee to report back within four weeks for further legislative action. #Reps to Probe N200bn Spent on 2023 Population Census

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    Julius Alagbe
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    Julius Alagbe is a senior financial journalist and Editor at MarketForces Africa with nearly two decades of experience in finance, accounting, and economics reporting.He is one of Nigeria's most prolific financial market reporters, covering capital markets, monetary policy, corporate earnings, banking, telecoms, and macroeconomic developments across Africa.Julius has built a strong footprint reporting on Nigeria's leading corporates and financial services sector, including coverage of the Nigerian Exchange Group, Central Bank of Nigeria monetary operations, MTN Nigeria, GTCO, and major investment banking transactions.He regularly monitors the CBN’s open market operations, interbank FX markets, and equity market movements, providing readers with real-time intelligence on Nigeria’s financial landscape.His reporting draws on direct access to institutional research from firms including Moody’s Ratings, CardinalStone Securities, Fitch, and other leading African investment houses.Julius brings analytical depth and editorial rigour to every story, making complex financial data accessible to professionals, investors, and policymakers across Africa.Julius Alagbe is based in Lagos, Nigeria.

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