CBN boss, Cardoso tasks officials, others on prudent resources mgt

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CBN boss, Cardoso tasks officials, others on prudent resources mgt
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The Governor of the Central Bank of Nigeria (CBN), Mr. Olayemi Cardoso, has tasked officials of the bank and other government functionaries to be prudent in the management of public funds, against the backdrop of current economic challenges confronting the nation.

The Governor of the Central Bank of Nigeria , Mr. Olayemi Cardoso, has tasked officials of the bank and other government functionaries to be prudent in the management of public funds, against the backdrop of current economic challenges confronting the nation.

Speaking on “Project Management, Monitoring & Evaluation Towards Efficient Resource Utilization”, the governor said, “The world today is fraught with challenges across all sectors of the economy – health, education, construction, etc. According to him, “Monitoring and evaluation framework is the foundation of any development project and is key to its successful implementation in achieving the envisaged project goals and objectives.Economic hardship: Massive contingency withdrawals hit micro pension funds

The D-G said, “The success of a project is dependent upon the identification of the defining moments throughout the phases of the project execution. This encompasses the life cycle of a project which includes the main phases such as initiation, planning, execution, monitoring, evaluation, and closure.

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