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Budget

Make short term plans to balance budgets – Tope Fasua tells FG

Kadiri Abdulrahman Jan 11, 2022 0

An economist, Mr Tope Fasua, has urged the Federal Government to make short and medium term plans to balance the country’s annual budgets and even achieve budget surplus. Fasua, the Chief Executive Officer of an Abuja-based consultancy…

Government

Proposed Nasarawa State Secretariat to Gulp N14bn – Gov. Sule

Oboh Linus Mar 27, 2021 0

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…

Government

DMO Decries Nigeria’s Debt Servicing to Revenue Ratio

Ginika Okoye Mar 11, 2021 0

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…

Government

N74bn Recovered by Maina, Was Used to Finance 2012 Budget, Witness Tells Court

News Agency of Nigeria Mar 2, 2021 0

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. …

Economy

NBS Report: Minister says Economy Poised for Stable Growth

Ismaila Chafe Feb 24, 2021 0

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…

Health

South African Govt Boosts Spending on Vaccination Programme

News Agency of Nigeria Feb 24, 2021 0

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…

Government

Minister Seeks Robust Collaboration in Nigeria-UAE Relations

Nana Musa Feb 15, 2021 0

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…

Government

Kano State Govt. Earmarks N45bn for Education Sector in 2021

Muhammad Nur Tijani Jan 7, 2021 0

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…

Government

NASS Passes 2021 Budget in a Record of 74 Days, but …

Stanley Nwanosike Dec 27, 2020 0

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…

Government

Nigeria’s $1.5 Billion Budget Support Loan Request ‘still in the works’ – World Bank

Folasade Akpan Dec 11, 2020 0

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…

Government

Rivers State Council Proposes N448 Billion Budget for 2021

Precious Akutamadu Dec 1, 2020 0

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…

Government

Delta State Governor Signs 2021 Budget of N383bn

Ifeanyi Olannye Nov 30, 2020 0

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…

Government

Ondo Presents Budget Proposal of N159 Billion for 2021 Fiscal Year

Alaba-Olusola Oke Nov 28, 2020 0

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…

Economy

Gov. Aminu Masari Presents N282.7bn Budget for 2021

News Agency of Nigeria Nov 18, 2020 0

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…

Government

House of Representatives Commends NIMASA on Budget Performance

Chiazo Ogbolu Nov 17, 2020 0

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…

Government

Transport Minister Proposes N205bn Capital Budget for 2021

Lucy Ogalue Nov 6, 2020 0

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…

Government

FCTA Presents N45.5b 2021 National Projects Budget Proposal

Salisu Sani-Idris Nov 5, 2020 0

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…

Government

#EndSARS: Delta Assembly Postpones 2021 Budget Presentation

Mercy Obojeghren Oct 22, 2020 0

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…

Features

NGO Suggests That Infrastructures Be Provided for 5 States in Nigeria

Aderogba George Sep 15, 2020 0

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…

Foreign

Australia Reveals Biggest Budget Deficit Since World War Two

Babatunde Abdulfatah Jul 23, 2020 0

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…

Features

Governor Umahi of Ebonyi Sacks 1800 Aides for Refusal to Operate Farms

Tony Abu Momoh Jul 21, 2020 0

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,…

Features

Drama as NDDC Fail to Account for shortfall of N143 Billion During Senate Hearing

Tony Abu Momoh Jul 15, 2020 0

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…

Government

NDDC 2019 Budget Was Padded With Over 500 Fake Projects

Desmond Ejibas May 26, 2020 0

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…

Health

ECOWAS Heads of Govt. Pledge 15% of Budget to Healthcare

Ifeanyi Nwoko Apr 24, 2020 0

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…

Government

Federation Account Allocation Committee (FAAC) Meeting Ends in Deadlock

Tony Abu Momoh Mar 18, 2020 0

The Monthly meeting of the Federation Account Allocation Committee (FAAC) has ended in a deadlock on Wednesday. This was announced by the Director of Information, Ministry of Finance, Budget and National Planning, Mr. Hassan Dodo.…

Government

Senators Push Motion for Effective Budget in Nigeria

Sheila Offiong Feb 21, 2020 0

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,…

Government

Chief Medical Director Urges FG to Create Budget line for Research in Hospitals

Ayinde Olaide Abdulsaheed Dec 13, 2019 0

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. …

Government

Nasarawa Assembly Passes N4.67bn 2019 Supplementary Budget

Mohammed Baba Busu Nov 13, 2019 0

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…

Government

My voice is croaky from cold because I’m working so hard -Buhari

News Agency of Nigeria Oct 9, 2019 0

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…

Finance

Ministry of Works, Power receives the highest allocation in 2020 Budget

Naomi Sharang Oct 9, 2019 0

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…

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