Budget

Gov. Abdullahi Sule of  Nasarawa has announced that the state’s proposed Secretariat  was estimated to gulp N14 billion.Sule, who disclosed this in an interview with newsmen, on Friday, in Lafia, explained that…

The Debt Management Office (DMO) has decried the country’s debt service to revenue ratio, describing it as a major issue of concern.Mrs Patience Oniha, the Director-General of DMO, said this in Abuja on Thursday at the fifth…

Ngozika Ihuoma, first defence witness (DW1), on Tuesday, told the Federal High Court, Abuja, that N74 billion recovered by defunct Pension Reformed Task Team (PRTT) was used by the Federal Government to finance 2012 Budget. …

Minister of Finance, Budget and National Planning, Dr Zainab Ahmed has attributed the recent exit of the nation from recession to diversification efforts of the Buhari led administration, saying such measures had started yielding…

The South African Government says more than 10 billion rand (0.68 billion dollars) will be set aside to procure vaccine in an effort to eradicate the Coronavirus in the next two years.The country Finance Minister, Tito…

The Minister of State,  Budget and National Planning, Prince Clement Agba, has called for robust collaboration between Nigeria’s Ministry of Finance, Budget and National Planning and its relevant counterparts in the United Arab…

The Kano State Government has earmarked N45.6 billion in the 2021 tagged ‘Budget for Economic Recovery and Sustainable Development’ for the education sector.The Commissioner for Budget and Economic Planning , Alhaji Nura…

A development economist, Dr Chiwuike Uba, has commended the National Assembly for passing 2021 national ”Budget of Economic Recovery and Resilience” in a record 74 days.Uba, who is also Board Chairman of Amaka…

Nigeria’s 1.5 billion dollar budget support loan request is “still in the works”, says Shubham Chaudhuri, World Bank Country Director for Nigeria.Chaudhuri said this on Thursday in Abuja, at a media conference on the…

The Rivers State Executive Council on Monday proposed a budget of N448 billion for the 2021 fiscal year.The budget proposal was ratified during the executive council meeting presided over by Gov. Nyesom Wike at the Government…

Gov. Ifeanyi Okowa of Delta on Monday in Asaba assented to the state’s 2021 Appropriation Bill of N383 billon.The bill tagged “Budget of Economic Recovery” is made up of N210 billion capital expenditure and N173 billion…

Gov. Oluwarotimi Akeredolu of Ondo State on Friday presented  a budget proposal of N159 billion for the 2021 fiscal year to the state House of Assembly.The budget, tagged ‘Budget of Hope’, is slightly higher than the 2020…

Gov. Aminu Masari of Katsina State, on Wednesday presented a budget proposal of N282.7 billion for 2021 fiscal year to the state House of Assembly for consideration. Masari, while presenting the appropriation bill christened “Budget of…

The House of Representatives Committee on Maritime Safety, Education and Administration has commended the budget implementation status of the Nigerian Maritime Administration and Safety Agency (NIMASA).This is contained in a…

The Minister of Transportation, Rotimi Amaechi has proposed N205 billion as the capital budget for 2021 to enable the ministry to make significant progress on all its ongoing projects.Amaechi made this known in a…

The Federal Capital Territory Administration (FCTA) says it will spend N45.5 billion for its 2021 National Priority Capital projects.Mr Anthony Ogunleye, Chief Press Secretary to the FCT Minister, Malam Muhammad Bello, in a…

The Delta House of Assembly has announced the postponement of the 2021 budget earlier slated for presentation by Gov. Ifeanyi Okowa.The Speaker of the Assembly, Chief Sheriff Oborevwori, announced the postponement in a…

Center for Social Justice (CSJ), an NGO, has recommended as a matter of necessity, the provision of infrastructures for five states in Nigeria to better the lives and living conditions of the people.The states listed at a news…

Australia says its budget deficit will be 85.8 billion Australian dollars (AD) ($61.2 billion) in 2019-20 and AD184.5 billion in 2020-21. SEE ALSO: Google releases ‘Think with Google’ in sub-Saharan Africa This marks the biggest deficit…

The Governor of Ebonyi State, David Umahi has terminated the appointments of 1800 aides over their nonchalant attitude toward reviving the agricultural sector in the state.The categories of aides affected include, Executive Assistants,…

More drama is being witnessed in the ongoing audit and probe of the Niger Delta Development Commission (NDDC) as officials of the commission could not explain a shortfall of N143 billion in its 2019 budget.The NDDC budget defence team…

Prof. Kemebradikumo Pondei, acting Managing Director, Niger Delta Development Commission (NDDC) revealed on Tuesday that the commission’s 2019 budget was inflated with over 500 non-existing projects.Pondei made the disclosure…

Heads of States and Governments of the Economic Community of West African States (ECOWAS) have agreed to dedicate 15 per cent of their annual budget to developing the health sector in their respective countries.The Presidents…

Sen. Stella Oduah (PDP, Anambra) on Thursday sponsored a motion alongside five other lawmakers on ‘the need to establish a Visionary Budget-Driven National Planning Framework for Nigeria’.Speaking with journalists after plenary,…

Dr Muhammad Alkali, the Chief Medical Director, Abubakar Tafawa Balewa Teaching Hospital (ATBU-TH) has urged the Federal Government to create a budget line for research in health and educational institutions in the country. …

The Nasarawa State House of Assembly on Wednesday passed a supplementary budget of N4.67billion for the 2019 fiscal year.Alhaji Ibrahim Balarabe-Abdullahi, the Speaker of the House, announced the passage of the budget after a motion…

President Muhammadu Buhari, who had a croaky voice while presenting the 2020 budget to the National Assembly during a joint session, said that his flu is an indication that he is working really hard for Nigeria.Buhari explained jokingly…

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 presented by President Muhammadu Buhari to a joint…

2020 BUDGET SPEECH: Budget of Sustaining Growth and Job Creation Delivered By: His Excellency, Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja…