• Bayelsa budget

    Bayelsa State Governor, Senator Douye Diri, has presented the 2021 budget estimate to the House of Assembly. It is christened the “Budget of Growth.” Presenting the N290,295,465,423 Appropriation Bill on the floor of the assembly on Thursday, Governor Diri noted that the outgoing year 2020 has been challenging due to the impact of COVID-19 and ...
  • Atiku

    Former Vice President Atiku Abubakar on Sunday said that President Muhammadu Buhari must act now, by taking necessary, and painful actions including adjustment to the proposed 2021 budget, to exit another recession the country has entered. Abubakar in a statement he issued in Abuja, said that although COVID-19 pandemic had exacerbated an already bad situation, ...
  • Buhari

    The Federal Executive Council (FEC) has approved the Finance Bill 2020 meant to support the smooth implementation of the 2021 budget. The implication is that the government will deepen its revenue in taxes and excise duties. The Council approved the bill at its 24th virtual meeting presided over by President Muhammadu Buhari at the Presidential ...
  • Okowa

    The Delta State Executive Council, Tuesday, approved a draft estimate of N378 billion as budget for 2021 which would be presented to the state House of Assembly next week for approval.This was part of resolutions reached at the State Executive Council meeting presided over by the state governor, Senator Ifeanyi Okowa. In a post-Exco meeting ...
  • 275

    Kaduna State Governor, Malam Nasiru El-Rufai on Tuesday presented a 2021 budget proposal of N237.52 billion to the state House of Assembly. El-rufai said the sum of N124 billion, which is almost 79 percent of the capital budget of N157.56bn is allocated to the Economic and Social sectors. The governor said that the huge allocation ...
  • NDDC

    Chairman, Senate Committee on Niger Delta Affairs, Sen. Peter Nwaoboshi (PDP-Delta) on Wednesday, denied the alleged padding of 2019 budget of Niger Delta Development Commission (NDDC) as alleged by Interim Management Committee (IMC) of NDDC. He also said that the allegation of having removed the regional projects of President Muhammadu Buhari in the budget submitted ...
  • 103

    Nigerian officials on Monday said the government would cut its budget and ramp up oil production after a collapse in crude prices sparked by the global coronavirus outbreak. Africa’s largest producer is facing major revenue shortfalls after oil prices plummeted far below its budgeted level of $57 a barrel following a bust-up between key producers ...
  • OPEC

    Nigeria’s 2020 budget implementation has received a battering as oil futures suffered their biggest daily loss since 1991 on Sunday after Saudi Arabia slashed its official selling price (OSP) and announced plans to raise crude production significantly, signaling the start of a price war. Nigeria’s 2020 budget was predicated on a benchmark of $60 per ...
  • 200

    National Assembly Joint Committee on Independent National Electoral Commission (INEC) has recommended N143 billion for approval for the commission’s preparation for the 2019 general elections. This is in line with President Muhammadu Buhari’s request on July 11 when he requested the legislators’ approval of N242 billion for the elections. Specifically, he said that N164.10 billion ...
  • 199

    May 11, 2018 The Minister of Finance, Mrs Kemi Adeosun, said the delay in passage of the 2018 budget would have some impact on the nation and cause some adjustments in implementation. She said this during a news conference on Friday in Abuja, adding that the impact was because markets change and the cost of ...