BudgIT se­cures $1.5 mil­lion grant from Omid­yar Net­work to ex­pand op­er­a­tions

Financial Nigeria Magazine - - Finance -

TThe Omid­yar Net­work, a US-based phil­an­thropic in­vest­ment firm, has ap­proved a $1.5 mil­lion grant to BudgIT, a La­gos-based gov­ern­ment trans­parency or­ga­ni­za­tion, to ex­pand op­er­a­tions in Africa’s largest econ­omy.

The Cal­i­for­nia-based firm said the three­year grant fol­lows an ini­tial grant in 2014 and it would help BudgIT grow its or­ga­ni­za­tional ca­pac­ity and ex­pand its work with more gov­ern­ment in­sti­tu­tions.

Founded in 2011, BudgIT works to make the Nige­ria gov­ern­ment bud­get more ac­ces­si­ble to or­di­nary cit­i­zens. Us­ing a mix of both on­line and off­line strate­gies, BudgIT has helped over one mil­lion Nige­ri­ans

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