ABEOKUTA, Nov 10 . The Central Bank of Nigeria has begun digitalising its Sub-National Fiscal Survey across the 36 states, the Federal Capital Territory and 774 local government areas to improve the timeliness and accuracy of fiscal data.

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‎The initiative, led by the CBN Statistics Department, will replace the largely manual, twice-yearly reporting process with a digital platform for standardised entry, validation and submission.

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‎Speaking at a stakeholders’ engagement in Abeokuta, Ogun State, Director of Statistics, Dr Usman Moses Okpanachi, said reliable fiscal data was critical for assessing revenue, expenditure and financing needs, and for monetary policy decisions.

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‎Okpanachi said the move supports the CBN’s shift to a more forward-looking, data-dependent framework and an explicit inflation-targeting regime. He said digitalisation would allow more frequent quarterly returns.

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‎He urged states and local governments to ensure prompt submission, proper validation and the appointment of focal officers to guarantee continuity, adding that technology would complement, not replace, sound record-keeping.

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‎The nationwide engagement began on October 26 and is expected to cover all states by December 4, with the FCT scheduled for December 9-10. As of November 6, 16 states had been covered, with nearly 100 percent attendance in most states visited.