CBN digitalises fiscal data collection across states, LGAs

The Central Bank of Nigeria (CBN) has commenced the digitalisation of its Sub-National Fiscal Survey across the 36 states, the Federal Capital Territory (FCT) and 774 Local Government Areas (LGAs) to improve the accuracy, timeliness and reliability of fiscal data for economic policy decisions.
The initiative is expected to replace the largely manual reporting process with a digital platform that will standardise data collection, improve validation and support more frequent submissions by state and local governments.
The Director, Statistics Department of the CBN, Dr Usman Moses Okpanachi, disclosed this at a Sub-National Fiscal Statistics Stakeholders’ Engagement held recently in Abeo...