The Ogun State Governor, Dapo Abiodun, on Thursday presented the 2023 budget proposal of N472.2 billion to the state’s House of Assembly. Abiodun, who read the...
President Muhammadu Buhari has earmarked for the Presidential Villa the sum of N14.8 billion for Internet connection, stationery, and telephone charges, among others for 2023. This...
President Muhammadu Buhari has arrived the National Assembly to present the N19.76trillion 2023 Appropriation bill before the National Assembly. This is will be the last budget...
The Nigerian Senate has given a one-week ultimatum to Ministries, Departments and Agencies (MDAs), who are yet to appear before relevant Committees to defend their 2022...
A former Minister of Education, Dr. Oby Ezekwesili has warned that the advocacy to increase budget in the educational sector will not redress the challenges in...
The Minister of Finance, Mrs Zainab Ahmed, on Monday, appeared before the House of Representatives Committee on Finance to give an overview of the 2021 fiscal...
It is no longer news that Nigeria intends to take additional loans in the coming years to close budget gaps. The news is that in the...
The Senate on Wednesday passed the 2021 Supplementary Budget of N982.72 billion, an increase of N87 billion of the request presented to it two weeks ago...
President of the Senate, Ahmad Lawan, has said that the Senate will on Wednesday, consider President Muhammadu Buhari’s N895.8 billion supplementary budget request. Lawan made the...
The federal government has warned accounting officers in charge of preparing personnel budgets in ministries, departments, and agencies to avoid shady practices or face sanctions. Mrs....
The federal government has been called out to explain why 316 duplicated capital projects totaling N39.5 billion were included in the 2021 budget and approved. This...
The National Broadcasting Commission (NBC) has stated that the N9.4 billion approved by the Federal Executive Council (FEC) was not all that was needed to complete...
A member of the House of Representatives, Abdulrazak Namdas who is the Chairman, House Committee on Army, has called on the Federal Government to increase funding...
The Bauchi State Governor, Bala Mohammed, on Monday signed the 2020 supplementary appropriation bill of N42.8 billion into law. The governor, who signed the appropriation bill...
The total expenditure of the presidency has been cut down to N10 billion for the 2021 fiscal year from the N15.3 billion in the revised 2020...
Rivers State Governor, Nyesom Wike, on Monday signed the state’s 2020 budget. The governor signed the 2020 Appropriation Bill passed by the State House of Assembly...
The Joint National Assembly Committee on Niger Delta Development Commission (NDDC) has summoned 17 oil companies over their alleged N72billion and $273million indebtedness to the commission....
The Senate on Thursday, revealed that President Muhammadu Buhari will present the 2020 Appropriations Bill to joint session of the National Assembly on Tuesday next week....
Speaker, House of Representatives, Hon. Femi Gbajabiamila on Monday requested the Presidency to ensure the early submission of the Medium Term Expenditure Framework (MTEF) to allow...
New Zealand’s main opposition party has denied hacking into the government’s computer systems to steal documents relating to the country’s budget, BBC reports. New Zealand’s Treasury...
The House of Representatives has approved the sum of N346,513,046,220.00 as the total sum for the Niger Delta Development Commission, NDDC for the 2019 fiscal year....
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,...
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...
Senate Minority Leader, Senator Biodun Olujimi, has advised the Presidency to desist from playing politics with sensitive issues like the budgeting process. Senator Olujinmi noted that...
There is palpable anxiety in the polity as the National Assembly joint Committee on the Independent National Electoral Commission (INEC) meets today, to continue deliberation on...
Nigerians spend more than $1 billion on about four million medical treatments abroad each year, a new report by Deloitte has revealed. The report, titled “Invest...
A former minister for finance and coordinating minister for the economy, Ngozi Okonjo-Iweala has clarified controversies that have been raised as a result of extracts from...
There are strong indications that the N8.612 trillion 2018 budget christened “Budget of Consolidation’’ may suffer longer delay as the National Assembly (NASS) awaits further submissions...
President of the Senate, Bukola Saraki, on Wednesday stated that the 2018 budget must run for 12 months, in-line with the 2017 Appropriation Act passed by...
President Muhammadu Buhari has threatened to sack chief executives of federal parastatals and agencies that fail to appear before the National Assembly to defend their budgets,...
As at the end of November, only 15 per cent of funds have been released from the 2017 annual budget across all sectors of government, Chairman,...
To make for effective national planning, funds from donor agencies into the country for ministries, departments and agencies (MDAs) will now be reflected in annual budgets....
Some senators Monday said the executive arm of government was still suffering from military hangover. The senators said frequent claims that the National Assembly had no...
The Presidency has indicated that it would forward a request for intraministerial virement to the National Assembly when the parliament resumed plenary tomorrow. This is to...
Last week’s sharp disagreement between the Presidency and the National Assembly, over the 2017 budget, may take a new twist, as lawmakers have vowed not to...
The Senate has warned the Acting President, Professor Yemi Osinbajo not to mistake its consultations with the executive on important national issues to mean that it...
The recent declaration by Minister of Budget and National Planning, Senator Udo Udoma, that unless the Internally Generated Revenue (IGR) of Nigeria rises by 40 per...
The National Assembly on Thursday, passed the 2017 Appropriation Bill. The two chambers approved a total budget of N7,441,175,486,758. The federal legislature also approved $44.50 as...
The consistent delay in the passage of budget by the National Assembly is slowing down growth, the Fiscal Responsibility Commission (FRC) has said. The agency’s report...
Director-General, Budget Office of the Federation, Mr Ben Akabueze, has refuted allegations that figures were inserted into the 2017 budget proposal before the National Assembly Addressing...
The Senate, on Wednesday warned that heads of MDAs who do not appear before the relevant committees for budget defence will have zero capital budget allocations....
The sum of N1.094.22 trillion was spent by the Federal Government on foreign debts servicing, with N1.044 trillion going in for the same reason for local...
Minister of Information, Culture and Tourism, on Tuesday, blamed the lack of smooth implementation of the 2016 budget on its late passage by the National Assembly....
Senators on Wednesday came hard on President Muhammadu Buhari over what they described as the unrealistic projections made in the 2017 budget. The lawmakers who took...
In an attempt to avoid the situation that hampered execution of Nigeria’s 2016 budget, the Federal Government has concluded plans to borrow about N450 billion, internally,...
President Muhammadu Buhari on Wednesday presented a budget N7.289 trillion for the 2017 fiscal year to a joint session of the National Assembly. The president said...
Perhaps, the Nigerian government had expected a pat on the back for its claims that it had spent about 41.1 per cent of the N6.06 trillion...
Suspended Chairman of the House of Representatives Committee on Appropriations, says other members of the house were blackmailed to back down in the fight to expose...
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 said it would be setting aside another N500bn for its social intervention programs for 2017 budget. The move by the federal government,...
