FRC, FRSC disagree over allegations of non remittance of N5.1bn to federation accountÂ
Aug. 25, 2021 The Fiscal Responsibility Commission (FRC) has alleged that the Federal Road Safety Corps (FRSC) is yet to remit N5.1 billion into the Federation Account from 2016 to…
Reps directs NCC to provide details of turnover realised from MNOs between 2018 and 2020
Aug. 19, 2021 The House of Representatives has directed the Nigeria Communication Commission (NCC) to provide details of turnover realised from all network operators from 2018 to 2020. Rep. James…
Reps criticises FG’s borrowing to finance deficit, agencies hiding revenues
Aug. 19, 2021 The House of Representatives has expressed displeasure over the way some government agencies conceal their revenues, thereby denying the Federal Government the fund for budgeting. The House…
Reconciliation reached regarding States’ repayment of Budget Support Facility as NEC endorses 2022-2024 MTEF, FSP
July 3, 2021 As plans for next year’s budget begins to gather pace, the National Economic Council (NEC) has endorsed the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper…
2020 budget: Works, Power get highest allocation
The Ministry of Works and Housing on Tuesday got the highest projected allocation of N262 billion from the N10. 33 trillion budget estimates. This was contained in the proposal as…
Senate inaugurates 69 standing committees, as Buhari submits MTEF, FSP
President Muhammadu Buhari has submitted the Medium Term Expenditure Frame work(MTEF) and the Fiscal Strategy Paper (FSP), for consideration of the Senate. President Buhari forwarded the MTEF and FSP in…
MTEF: FG Projects 2.3m bpd Oil Production At $60pb Oil Benchmark
The Federal Government says its key assumptions and micro-framework of the 2019 budget will be based on a projection of 2.3mbpd oil production, oil price benchmark of 60 dollars per…
PDP NEC Meeting Stalled Senate Consideration of MTEF/FSP -Senate Leader
Sen. Ahmad Lawan (APC-Yobe) says the Nov. 29 National Executive Council (NEC) meeting of the Peoples Democratic Party (PDP) stalled consideration of the Medium Term Expenditure Framework (MTEF) and…
2019 budget proposal: FEC approves N8.73trn, 2019/2021 MTEF
Minister of Budget and National Planning, Sen. Udoma Udo Udoma The Federal Executive Council (FEC) on Wednesday approved a budgetary proposal of N8.73 trillion for 2019 fiscal year, N400…