The Acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Kemebradikumo Pondei, revealed on Tuesday that the commission’s 2019 budget was inflated with over...
The House of Representatives on Tuesday directed the Niger Delta Development Commission (NDDC) to offset its existing liabilities through the implementation of its 2019 budget. The...
The Nigerian Senate on Thursdays continued the debate on the general principles of the 2020 budget proposal presented to the National Assembly by President Muhammadu Buhari,...
The leadership of the Senate has denied claims by the Senior Special Assistant to the President on National Assembly, Senate, Ita Enang that there is a...
There appears to be a brewing challenge for Nigeria, as Brent Crude on Monday slipped below its $60 per barrel budget benchmark for the 2019 appropriation...
Prices of oil on Monday rose by one per cent despite tension in the Middle East and the supply cut by the Organisation of Petroleum Exporting...
The Minister of Finance, Mrs Zainab Ahmed has said that the Federal Government will soon release the sum of N649.43bn as the final refund for the...
It has been revealed that the senate appropriated funds for the establishment of a Catastrophic Health Fund in the 2019 budget, which was recently passed by...
Full and proper implementation of the 2019 budget will shore up investors’ confidence in the Nigerian economy, some experts and the Lagos Chamber of Commerce and...
Chairman of the House Committee on Appropriation, Rep. Mustapha Dawaki, has disclosed that the National Assembly (NASS) would transmit the approved 2019 budget of N8.92 trillion...
The Senate on Tuesday approved a sum of N8.916 trillion as the budget for the 2019 fiscal year as against the N8.83 trillion proposed by President...
The Nigerian Senate on Wednesday postponed passage of the 2019 Appropriation Bill till Tuesday next week. Senate Committee on Appropriation had last week submitted its report...
The committee on Appropriation on Wednesday plenary finally submitted its report on 2019 budget to the Senate. The committee had last week failed to meet up...
The Senate Appropriations Committee on Thursday failed to meet the deadline it set to lay the 2019 budget. The Senate President, Bukola Saraki, who gave the...
Eligible banks in the country will have access to about N440 billion set aside by the Nigeria Deposit Insurance Corporation, NDIC for the 2019 fiscal year....
The Chief of Army Staff, Lt Gen Tukur Buratai, on Wednesday lamented the ceiling placed on the budget of the Nigerian Army, begging members of the...
The Nigerian Senate on Tuesday said the passage of the 2019 appropriation bill has been scheduled for April 16, 2019. This was disclosed by the Senate...
The Minister of Trade and Investment, Okechukwu Enelamah had a rough time convincing the Senate Committee on Trade and Investment on Monday over the allocation of...
The Minister of Budget and National Planning, Udoma Udo Udoma has said that the Federal Government will be reverting to the January to December budget cycle,...
The Speaker of the House of Representatives, Yakubu Dogara, has lashed out at President Muhammadu Buhari over the 2019 budget and previous budget estimates and procedures....
The House of Representatives on Tuesday announced that it has suspending plenary till April 2. This is to allow members engage Ministries, Departments and Agencies (MDAs)...
Some members of the upper chamber of the National Assembly, on Wednesday, described the debt profile of the country as alarming. The senators, Ike Ekweremadu, Dino...
Deputy Senate President, Ike Ekweremadu has accused the President Muhammadu Buhari-led executive as being responsible for budget delay since he came into power. The Senate on...
‘Regulatory gangsterism’ under President Muhammadu Buhari’s first four years by some regulatory agencies have been responsible for job losses, the Nigeria Employers’ Consultative Association, NECA, has...
Nigeria’s crude oil production including condensate has taken a dip, falling to 1.999 million barrels per day in January from 2.081 million bpd in December, figures...
Nigerian bankers have called on the Federal Government to evolve a new strategy for the handling of economic activities in the country. The bankers also called...
The Institute of Chartered Accountants of Nigeria (ICAN), has doubted that the 2019 budget proposal presented to the National Assembly by President Muhammadu Buhari. The body...
Governor Akinwunmi Ambode of Lagos state has finally laid down the 2019 appropriation bill before the State House of Assembly. Amboda, on Tuesday laid controversies around...
Lawmakers of the Lagos State House of Assembly have begun a move to formally start the process of impeaching Lagos State Governor, Akinwunmi Ambode, accusing him...
Following the observation of discrepancies by the National Assembly in the 2019 budget, the budget office on Thursday insisted there were none of such errors. A...
The Senate Thursday adjourned plenary till after the presidential and National Assembly polls without considering the 2019 budget. Ike Ekweremadu, Deputy Senate President, who presided over...
The debate on the 2019 budget has been suspended till Tuesday January 29 by the House of Representatives over the failure of the Ministry of Budget...
The House of Representatives on Wednesday highlighted miscalculations in the 2019 budget presented by President Muhammadu Buhari. At its sitting, 42 lawmakers were observed while the...
The implementation of Nigeria’s 2019 budget is faced by a fresh threat as crude oil production adjustment agreed by member countries of the Organisation of Petroleum...
THE execution of Nigeria’s 2019 budget will likely encounter a serious threat as the price of Bonny Light, the nation’s premium oil grade, yesterday, hovered at...
The Federal Government budgeted N1,001,318,171 for President Muhammadu Buhari’s local and international travels in the proposed 2019 budget. The budget proposes N250,021,595 for the President’s local...
Some lawmakers on Sunday said it would be impossible for the National Assembly to start and complete work on the national budget before next year’s general...
By Jude Ndukwe…. With the enormous goodwill and aura that accompanied President Muhammadu Buhari to Aso Rock on May 29, 2015, no one in his/her wildest...
The presidential candidate of the Peoples Democratic Party, PDP, Atiku Abubakar, has said the 2019 budget estimates proposal presented by President Muhammadu Buhari to a joint...
The Federal Government has reacted to a statement credit to the Senate President, Dr. Bukola Saraki over the N8.83trn 2019 budget presented to the National Assembly...
Lai Mohammed, Minister of Information and Culture, says the President Muhammadu Buhari administration has been able to meet all its promises to Nigerians. Mohammed made the...
The Federal Government’s revenue target for the 2019 budget has again run into murky waters as the Organization of Petroleum Exporting Countries (OPEC) has cut Nigeria’s...
There are indications that the country’s Debt Servicing-to-Revenue Ratio, DSRR, may worsen in 2019 following the plan to sustain borrowing in the new fiscal year. With...
Economic experts have disagreed over the decision of the federal government to retain $60 per barrel as its crude oil price benchmark for budget 2019 in...
The Nigeria Labour Congress (NLC) has reacted to President Muhammadu Buhari’s suggestion during the 2019 budget presentation that there would be a review of the N30,000...
Reactions have continued to trail the N8.83 trillion 2019 appropriation bill presented by President Muhammadu Buhari to the National Assembly on Wednesday. The national chairman of...
The 2019 budget estimates proposal presented to the National Assembly by President Muhammadu Buhari is heavily tilted towards recurrent expenditures, doubling what the executive proposed for...
President Muhammadu Buhari on Wednesday as expected presented the 2019 budget proposal to a joint session of the National Assembly. Buhari presented the budget in the...
Nigeria’s 2019 Budget may face hiccups as the current crude oil prices in the international market has fallen below the Budget benchmark. On Monday, crude oil...
Should the scheduled budget presentation by President Muhammadu Buhari before a joint session of the National Assembly fail tomorrow, the management of the National Assembly has...