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#OnOurRadar: Do you know about the Ecological Fund?
#OnOurRadar: Do you know the World Bank facts & predictions about the state of the country?
12 February 2021
December Federal Account Allocation (FAAC)
19 February 2021
The Ecological Fund established in 1981, was created to solve serious environmental problems such as Soil erosion, flooding, drought, oil spillage, general environmental pollution, bush fires, landslides etc.
Initially, 1% of revenues in the Federation Account was set aside for solving Ecological problems. Now, 2%.
However, it’s implementation continues to be ineffective. It has continued to face various reported diverted funds.
There’s a need to audit the EFO (Ecological Fund Office). It’s #OnOurRadar & we would track & share more about this project.
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We bet you didn’t know about the Ecological Fund (prove us “right” in the comment section)
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#YMonitorSpotlight
Kayode Odesanya
Kayode Odesanya is a senior project manager at RED | For Africa's enterprise developmental company, The Future Project Africa.
He is a communication, marketing, brand, product & project expert.
His writing revolves around policy, governance, media, corporate communications, products & technology.