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

FEC approves upgrade of navigational systems at airports

December 10, 2025

Tinubu: My orders to withdraw police from VIPs must take effect now

December 10, 2025

‘Our rare earth metal mining is creating thousands of jobs for rural people’

December 9, 2025
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

    FEC approves upgrade of navigational systems at airports

    December 10, 2025

    Tinubu: My orders to withdraw police from VIPs must take effect now

    December 10, 2025

    Benalova hotel chief marries out daughter in traditional ceremony

    December 6, 2025

    Yuletide: Dangote assures steady fuel supply …says days of fuel queues over

    December 5, 2025
    Add A Comment

    Comments are closed.

    Recent Posts
    • FEC approves upgrade of navigational systems at airports
    • Tinubu: My orders to withdraw police from VIPs must take effect now
    • ‘Our rare earth metal mining is creating thousands of jobs for rural people’
    • Ex-presidential spokesman Ajuri meets World Bank chief on healthcare delivery
    • Benalova hotel chief marries out daughter in traditional ceremony

    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

    FEC approves upgrade of navigational systems at airports

    December 10, 2025

    Tinubu: My orders to withdraw police from VIPs must take effect now

    December 10, 2025

    ‘Our rare earth metal mining is creating thousands of jobs for rural people’

    December 9, 2025

    Subscribe to Updates

    Get the latest creative news from NewsQuest daily newspaper

    © 2025 NewsQuestNG. Designed by DeedsTech.
    • News
    • Economy
    • Politics
    • Sports

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