The All Progressives Congress (APC), has faulted Gov. Siminalayi Fubara’s 2024 budget presentation to four out of the 31 members of the state House of Assembly. Governor Fubara had on Wednesday presented the N800 billion 2024 budget to the four lawmakers believed to be loyal to him at...
2024 budget
When an American author, Chris Fussell, wrote that “in any bureaucracy, there’s a natural tendency to let the system become an excuse for inaction,” he was not being sarcastic. He wrote with the conviction that stiff bureaucracy, like the Nigerian variant, is stultifying. The recent disclosure by the...
… Pledges to Maintain Level of Dividends Projected in MTEF By TOM CHIAHEMEN, Abuja – The Nigerian National Petroleum Company Ltd (NNPC Ltd.), has assured that the projections on crude oil production and price benchmark for the 2024 Budget were realistic and realizable. Group Chief Executive Officer (GCEO) of...
The Nigerian National Petroleum Company Ltd. (NNPCL) has assured that projections on crude oil production and price benchmark for the 2024 Budget were realistic and realisable. The Group Chief Executive Officer (GCEO) of the Company, Mr Mele Kyari, gave the assurance during an interactive session with the Senate...
By SADIQ ABUBAKAR, Maiduguri – Borno State Governor, Babagana Zulum on Wednesday presented a budget proposal of the sum of N340,619,836,000.00 as Appropriation Bill for the 2024 fiscal framework, which is made up of N198,293,223,000.00 in capital expenditure and N142,326,613,000.00 in expenditure to be financed from the...
The Academic Staff Union of Polytechnics (ASUP), has appealed to the Federal Government to ensure an upward review of the budgetary provisions for education in the 2024 appropriation bill before the National Assembly. ASUP President, Mr Anderson Ezeibe, said this at a news conference, ahead of the union’s...
The Minister of Humanitarian Affairs and Poverty Alleviation, Dr. Beta Edu, on Tuesday said the budgetary envelope for her ministry in the 2024 budget was incapable of tackling poverty in the country. The Minister said this when she appeared to defend the 2024 budget of her ministry before...
The House of Representatives has rejected representatives of Central Bank of Nigeria (CBN) Governor and Comptroller General of Nigeria Customs Service insisting they appear personally person to defend their 2024 budget proposal. Also the representatives of Federal Inland Revenue Service were also rejected by the House Committee on...
The Senate has threatened to step down consideration on the 2024 budget of the Nigerian Correctional Services (NCoS) over insufficient information Sen. Adams Oshiomhole, the Chairman,Senate Committee on Interior, Sen.Adams Oshiomole, said this said this at the 2024 budget defence of the National Assembly Joint Committee on Interior...
Senate has said it will not tolerate lackadaisical attitudes from government functionaries in Ministries, Departments And Agencies (MDAs) in relation to their defence submissions. The parliament said it was committed to maintain the January to December cycle of implementation of the budget President of Senate, Godswill Akpabio gave...
Sen. Iyiola Omisore (APC- Osun) has said there’s nothing like budget padding, as it in the responsibility of the National Assembly to approve the yearly budget of the executive. Omisore, also a former chairman of the Senate Committee on Appropriation, said this at a one-day citizens ‘ town...
The Attorney-General and Minister of Justice, Mr Lateef Fagbemi, has called for more funding for the ministry to ensure improved perform in 2024. Fagbemi said this on Monday in Abuja, when he reviewed the 2023 budget performance of the ministry as well as defended the 2024 budget at...
President Bola Tinubu did not present empty budget boxes before the National Assembly, according to the Chairman, Northern Caucus, Alhassan Doguwa. Doguwa, who addressed newsmen on Friday in Kano, strongly denied that Tinubu presented empty budget boxes before the national assembly. He said, ” What people don’t know...
The Nasarawa State Commissioner for Finance, Hajiya Munirat Abdullahi, has commended Gov. Abdullahi Sule for performing exceptionally well in almost sectors of the economy in 2023 fiscal year. The commissioner made the commendation while addressing newsmen after the governor presented the 2024 Appropriation Bill before the state House...
Senate Leader, Bamidele Opeyemi, has said the N9.9 trillion recurrent expenditure of the N27.5 trillion 2024 budget is too high, as it constitutes 43 per cent of the budget. Opeyemi said this at the opening of debate on general principles of the budget at plenary in Abuja on...
The Social Democratic Party (SDP) says President Bola Tinubu’s 2024 Appropriation Bill of N27.5 trillion should not fail to truly renew Nigerians’ hopes. The Southwest Zonal Secretary of the party, Mr Femi Olaniyi, told the News Agency of Nigeria (NAN) on Thursday in Lagos that there must be...
By DAVID IORJA, Abuja – President Bola Tinubu has said Nigeria’s national defence and internal security, local job creation, macro-economic stability, investment environment optimization, human capital development, poverty reduction, and social security are some of the top priorities of the 2024 Budget of Renewed Hope. Addressing...
President Bola Tinubu on Wednesday presented a budget of N27.5 trillion for 2024 to the National Assembly for approval. Presenting the budget tagged ‘’Budget of Renewed Hope’’, Tinubu said that it main focus was on national defence, internal security, local job creation and macro-economic stability. He said that...
Delta State Governor, Sheriff Oborevwori on Wednesday presented a budget of N714.4 billion for 2024 to the State House of Assembly for approval. Presenting the budget tagged ”Budget of Hope and Optimism”, Oborevwori said it was made up of N316.6 billion recurrent expenditure and N397.9 billion capital expenditure....