NewsQuest
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • World News
  • More
    • Education
    • Crime
    • Health & Sciences
    • Opinion
    • Tech
  • About Us
    • Contact Us
What's Hot

Tinubu hails Customs chief Adewale’s unanimous re-election at WCO

July 4, 2026

Wike, Dangote, Elumelu NRS boss, others win awards at maiden presidential press corps dinner

July 3, 2026

Aso Villa press corps chairman Anule wins leadership award

July 3, 2026
Facebook Twitter Instagram
Facebook Twitter Instagram
NewsQuestNewsQuest
Subscribe
  • Home
  • News
  • Politics
  • Business
  • Entertainment
  • Sports
  • World News
  • More
    • Education
    • Crime
    • Health & Sciences
    • Opinion
    • Tech
  • About Us
    • Contact Us
NewsQuest
Home»News»Creative Economy Ministry defends 2024 budgetary provisions
News

Creative Economy Ministry defends 2024 budgetary provisions

Our ReporterBy Our ReporterMay 23, 2024No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
budgetary
budgetary
Share
Facebook Twitter LinkedIn Pinterest Email

The Federal Ministry of Arts, Culture, and Creative Economy on Thursday defended every budgetary provision in its 2024 budget saying that the allocations were made to fund several prjocta and programmes. 

 The ministry in a statement by its media office also insisted that it has not breached its budget regarding solar power provision. 

 “Inacucuracies and misrepresentations regarding our 2024 budget. In the interest of transparency and clarity, we are providing accurate information to dispel any misconceptions,” the statement noted. 

Parts of the statement also said that the ministry’s budget allocation for Research and Development (Budget Code: 23050101) amounts to “N3,709,755,673, encompassing various developmental programs and projects within our ministry’s mandate.

NewsQuest Magazine

READ ALSO: Nigeria makes stronger commitment to biological weapons convention

“The total appropriation for our ministry in 2024 is N6,686,720,656.00, comprising N6,107,137,152.00 for Capital Expenditure and N579,583,504.00 for Recurrent Expenditures,” it added. 

The statement further stated that, “regarding constituency projects, we would like to emphasize that these initiatives aim to deliver tangible benefits and positively impact local communities.

“The provision of rural roads and solar-powered lights is designed to empower and open up communities for economic growth. These projects are part of our 2024 budget, signed by President Bola Tinubu in January.

“We reiterate that the Cultural and Creative Economy is an emerging innovative catalyst requiring strategic projects to create jobs, attract inbound visitors, contribute to the nation’s GDP, and enhance local opportunities.

“While we encourage public scrutiny of government budgetary affairs, we also stress the importance of responsible assessments. Distorting, exaggerating, or falsifying facts can hinder progress and development.

“As part of the 2024 Appropriation Act, our ministry’s full budget breakdown has been publicly available.

“Regrettably, the publication in question misrepresented facts to suit their intentions, potentially causing public alarm. We believe it is essential to educate the public on budget processes and implementation to prevent such misinterpretations.”

budgetary
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Our Reporter

    Related Posts

    Tinubu hails Customs chief Adewale’s unanimous re-election at WCO

    July 4, 2026

    Wike, Dangote, Elumelu NRS boss, others win awards at maiden presidential press corps dinner

    July 3, 2026

    Aso Villa press corps chairman Anule wins leadership award

    July 3, 2026

    Tinubu at maiden presidential press corps dinner urges media to put Nigeria first

    July 3, 2026
    Add A Comment

    Comments are closed.

    Recent Posts
    • Tinubu hails Customs chief Adewale’s unanimous re-election at WCO
    • Wike, Dangote, Elumelu NRS boss, others win awards at maiden presidential press corps dinner
    • Aso Villa press corps chairman Anule wins leadership award
    • Tinubu at maiden presidential press corps dinner urges media to put Nigeria first
    • Benue guber aspirant Kuraun commends APC national leadership for handling of primary election appeals

    Subscribe to Updates

    Get the latest creative news from NewsQuest daily newspaper

    About Us
    About Us

    NewsQuest is a daily newspaper based in Nigeria’s Capital City, Abuja dedicated to advance the nation’s democracy with factual reporting. We have an independent editorial outlook and provide unparalleled collection of news content, spanning the latest headlines, video, audio, current affairs, and developments on topical politics, science, business, health, style, culture, and technology, to historical coverage of important (and sometimes forgotten) people, places and events.

    Our Picks

    Tinubu hails Customs chief Adewale’s unanimous re-election at WCO

    July 4, 2026

    Wike, Dangote, Elumelu NRS boss, others win awards at maiden presidential press corps dinner

    July 3, 2026

    Aso Villa press corps chairman Anule wins leadership award

    July 3, 2026

    Subscribe to Updates

    Get the latest creative news from NewsQuest daily newspaper

    © 2026 All Rights Reserved. NewsQuestNG. Designed by DeedsTech.
    • News
    • Economy
    • Politics
    • Sports

    Type above and press Enter to search. Press Esc to cancel.