The House of Representatives on Thursday engaged in a heated debate over President Bola Tinubu’s request to extend the implementation period of the N21.83 trillion capital component of the 2023 budget. Also debated was the extension of the N2.17trillion 2023 supplementary budget to Dec. 2024. The Speaker of...
Budget
President Bola Tinubu will soon present the 2024 Supplementary Budget to the National Assembly (NASS). “I submitted the last budget to you,” the President said when he addressed a joint sitting of the National Assembly on Wednesday. “You expeditiously passed it. We are walking the talk. I will...
The Academic Staff Union of Universities (ASUU) has decried the neglect of the education sector, saying Nigeria ranks lowest in education budgets across the West African sub-region. ASUU President, Prof. Emmanuel Osodeke, said this at a One-Day Workshop on ‘Emerging Areas of Students Needs in Beneficiary Institutions’, organised...
NiMet DG tasks staff on strict compliance to budgetary provisions JOEL OLADELE, Abuja The Director General, Chief Executive Officer of The Nigerian Meteorological Agency (NiMet), Professor Charles Anosike, has asked Directors and staff of the agency to ensure strict compliance to budgetary provisions. Professor Anosike was speaking at the...
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has said the N1.15 trillion 2024 proposed FCT Statutory Budget was designed to transform the capital city and rural communities. Wike stated this when he appeared before the Senate and House Committees on FCT, to defend the...
The Senate has approved 2024 budget of N5.079 trillion for the Nigeria Customs Service (NCS) for the 2024 fiscal year. The approval followed adoption of recommendations of report of Committee on Customs, Excise and Tariffs on Thursday at plenary. Presenting the report, Chairman of the Committee, Sen. Jibrin...
By SADIQ ABUBAKAR, Maiduguri – The Borno State Commissioner of Budget and Planning, Professor Mustapha Malumbe has charged all accounting and finance officers in the state to operate strictly within the bounds of the approved budget in order to achieve the set objectives of the 2024 budget Prof....
A Federal High Court, Abuja, on Monday, set aside the Rivers’ N800 billion budget passed by five members of the house led by the Edison Ehie-led faction. Justice James Omotosho, in a judgment, held that the presentation of the appropriation bill by Gov. Siminalayi Fubara on Dec. 13, 2023...
By JOY ADARA, Abuja – The Socio-Economic Rights and Accountability Project (SERAP) and 20 concerned Nigerians have filed a lawsuit against the Senate President, Godswill Akpabio, and Speaker of the House of Representatives, Tajudeen Abbas “for unilaterally and arbitrarily increasing the allocation for lawmakers from N197bn to N344bn,...
Rivers State Governor, Siminalayi Fubara, has said that his administration will continue to provide necessary financial support to strengthen the capacity of the state-owned university to rank one of the best in the country. Fubara said this at the 35th convocation of the university in Port Harcourt on...
Rivers State Governor, Siminalayi Fubara on Thursday signed the state N800 billion 2024 budget into law, barely 24 hours after it was presented to a four-man State House of Assembly for approval. Speaking at the ceremony at the Government House, Port Harcourt, Fubara said that the budget would provide...
Borno State Governor, Babagana Zulum has said over one million Internally Displaced Persons (IDPs) affected by Boko Haram crisis in the state have so far been resettled by government. Zulum made this known on Wednesday in Maiduguri while presenting the 2024 budget to the state House of Assembly....
The Minister of Defence, Alhaji Abubakar Badaru, has appealed for an increase in the 2024 budget of the ministry over rising cost of operations caused by inflation. Badaru said this at the 2024 budget defence before the joint committee of the Senate and House of Representatives on defence...
Edo State Governor, Godwin Obaseki on Tuesday presented a budget of N325.3billion for 2024 to the state House of Assembly for approval. Presenting the budget christened ”Budget of Home Run and Finishing Strong”, Obaseki said it was made up of N178 billion capital expenditure and N146 billion recurrent...
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, on Wednesday sought approval of the National Assembly to spend N61.6 billion 2023 supplementary budget. Wile made the appeal when he appeared before the Senate and House of Representatives Committees on FCT at the National Assembly complex...
Anambra State Governor, Charles Soludo of Anambra on Tuesday presented N410 billion 2024 budget to the state House of Assembly for approval. Speaking at the ceremony, Soludo said the budget tagged- ‘Changing Gears: the transformation agenda begins’, was aimed at beginning the transformation agenda and implementing a new...
UN Secretary-General Antonio Guterres, on Tuesday presented a budget of US$3.3 billion regular budget for 2024 to the fifth committee of the UN General Assembly. The News Agency of Nigeria (NAN) reports that the fifth Committee of the General Assembly is saddled with the responsibilities for administrative and...
The Federal Government has said that its N15 billion budget for safe school project in the 2023 budget was in the best interest of the country. The National Coordinator, Safe School Initiative (SSI), Federal Ministry of Finance, Budget and National Planning, Hajia Halima Iliya, stated this at a...