The unending frosty relationship between the Presidency and the National Assembly may deepen following renewed pressure on the former by the latter to as a matter...
It was almost a war of words as a major shortfall in the 2016 budget was noticed on Tuesday by the joint National Assembly Committee on...
Nigeria’s N1.12 trillion deficit in the 2016 budget, supposed to be largely financed through international credit agencies, including IMF, World Bank and African Development Bank (AfDB),...
The March 8 deadline set by the Senate for the passage of 2017 budget is no longer feasible, as the chairmen of the sub-committee on the...
President Muhammadu Buhari on Friday vowed that the appropriation bill for 2017 fiscal year will not be tampered with or padded, as happened to the 2016...
Finally, President Muhammadu Buhari has admitted that the 2016 budget contained distortions with a “series of rogue projects and figures injected into it”. He however vowed...
Two months to the end of the year, the Cross River State House of Assembly has reduced the state’s 2016 budget from N303 billion to N259.1...
THE House of Representatives Committee on Basic Education yesterday queried the Universal Basic Education Commission, UBEC, over pre-budgetary spending which violated the Fiscal Responsibility Act. The...
The Federal Government has made a budget proposed of N6, 866,335,052,740 for 2017. This was contained in the Medium Term Expenditure Framework, MTEF and Fiscal Strategy...
Still smarting from the many controversies that characterised the passage of the 2016 budget, the Speaker of the House of Representatives, Yakubu Dogara, has called for...
The African Development Bank, AfDB, has said it would advance $1 billion facility to the Federal Government as budget support to fund the 2016 federal budget....
The Federal Government has finally nailed the fate of national assets in the country, as it said on Saturday that proceeds from their sale would be...
The hard fighting former Chairman of the House of Representatives Committee on Appropriation, Abdulmumin Jibrin, Tuesday, revealed that the Speaker of the House of Representatives, Yakybu...
Former Governor of Ebonyi State, Senator Sam Egwu has said that the current economic recession in the country was caused by the recklessness of past leaders...
The Federal Government has concluded plans to raise $1 billion on the Eurobond market. The move by the Nigerian government is part of its plan to...
Apparently bowing to various pressures, Nigerian government has resolved to shun foreign loans in preference to sourcing about N2.23 trillion through internal sources for funding the...
The crusade embarked upon by the former Chairman, House Committee on Appropriations, Hon. Abdulmumin Jibrin’s crusade received a boost on Wednesday, when the Presidential Advisory Committee...
The sacked Chairmn of the House of Representatives Committee on Appropriations, Abdulmumin Jibrin, has said the lower chamber of the National Assembly is the most corrupt...
There are indications that the Nigeria Police may go tough on the Speaker of the House of Representatives, Yakubu Dogara and three other principal officers of...
The Speaker of the House of Representatives, Yakubu Dogara, has denied insinuating that he is above the law. Dogara was reacting to what he called misrepresentation...
By Paul Michael… For sometimes now, the mainstream media and the social media has been agog with discourse and criticism of the act of budget padding,...
The planned interaction with the Speaker of the House of Representatives, Yakubu Dogara, by the Special Investigative Panel, SIP, investigating allegations of budget padding did not...
By Okey Ndibe…I have often argued that the Nigerian state is, at bottom, a criminal enterprise, organized to serve the interests of its most unconscionable criminals,...
The current controversy surrounding the padding of the 2016 budget has received the official attention of the police, as the Acting Inspector-General of Police, Ibrahim Idris...
Nigeria will this week conclude talks with the African Development Bank (AfDB) for a $1 billion loan with which to finance its N6.06 trillion 2016 budget....
The Transparency Group, a collection of members of the House of Representatives, has called for the probe and prosecution of Speaker, Yakubu Dogara and three other...
The last has not been heard in the face off between the former Chairman of the House Commitee on Appropriation, Abdulmumin Jibrin and the Speaker of...
The leadership of the House of Representatives may be going for the jugular in its current face off with the former Chairman of the House Committee...
The Federal Government, on Monday, revealed that its revenue projection in the 2016 budget fell by a whopping N1.064 trillion in the first half of the...
The drama over alleged budget padding by the Speaker of the House of Representatives, Yakubu Dogara and three other principal officers continued at the weekend. The...
The last has not being heard in the crisis brewing between the Speaker of the House of Representatives, Yakubu Dogara and his former ally, Abdulmumin Jibrin....
The Minister of Labour and Employment, Senator Chris Ngige, on Thursday, said the Federal Government has chanelled over 80% of the N247bn so far released for...
The Federal Government has announced the release of N280 billion for the implementation of capital projects that were captured in the 2016 budget. The money is...
There are indications that the Federal government has opted to reduce total budgetary spending on 2016 capital expenditure by half, as it envisages that the budget...
Bismarck Rewane, Managing Director, Financial Derivatives Company (FDC) Limited, at the weekend, said the economy is inching closely to recession after monthly oil revenues dipped from...
President Muhammadu Buhari, Monday night, appealed to the National Assembly to speedily pass the bills before it. The bills, according to the President, included the money...
The President of the Nigerian Senate, Bukola Saraki, has been taken to task by a group, Campaign for Democracy, CD, over his promise that the National...
The National Chairman of the All Progressives Congress, APC, Chief John Odigie-Oyegun has admitted that Nigerians were suffering and that the pains in the country were...
Nigeria’s economic woes may be taking a turn for the worse, as reports say the nation’s oil output has fallen to the lowest level in 22...
Senate President, Dr. Abubakar Bukola Saraki has commended Nigerians for their patience while awaiting presidential assent to the 2016 Appropriation Act and promised that the National...
The imbroglio occasioned by the 2016 budget has finally come to an end, as President Muhammadu Buhari, Friday afternoon, signed the appropriation document into law. With...
Although provision was not made for subsidy in the 2016 budget, it has been discovered that the federal government is presently subsidising Premium Motor Spirit (PMS)...
Nigeria’s Vice President, Yemi Osinbajo, has assured that the much expected assent of President Muhammadu Buhari on the 2016 budget will take place this week. The...
It seems the Federal Government has learnt its lesson over the impasse created by the 2016 budget and the fact that the late submission of the...
Senate President, Bukola Saraki, was conspicuously absent on Tuesday, when Speaker of the House of Representatives, Yakubu Dogara, met with President Muhammadu Buhari at the State...
The threat to by some Nigerian youths to move against the National Assembly (NASS) was carried out on Tuesday, as youths under the aegis of Occupy...
President Muhammadu Buhari may have begun moves to resolve the 2016 budget impasse, as he met, on Monday, behind closed doors with a former Senate President,...
Fresh findings have revealed how the emergence of Senator Ike Ekweremadu as the Deputy Senate President of the 8th Senate caused the on-going budget impasse. According...
Nigerians may have to pray more for the 2016 budget impasse to go away quickly, as the Federal Government warned on Sunday that Nigerians should not...
The Nigeria Employers Consultative Association, NECA, has decried the delay in signing and implementing the 2016 budget, lamenting that the situation is already presenting the country...
