By BARBARA KALU, Port-Harcourt – The Managing Director of the Niger Delta Development Commission (NDDC), Dr. Samuel Ogbuku, has cleared the air over the Senate’s probe of its budgets for 2021 and 2022. In a statement of clarification, the NDDC Managing Director urged the public to avoid jumping to...
Budget
Gov. Gboyega Oyetola of Osun has signed N138 billion budget for 2023 fiscal year into law. A statement by the Chief Press Secretary, Ismail Omipidan, on Friday said that the governor signed the bill into law on Thursday night. The News Agency of Nigeria (NAN) reports that the state...
President Muhammadu Buhari has transmitted the 2023 statutory budget of the Federal Capital Territory (FCT) and the Niger Delta Development Commission (NDDC) to the House of Representatives for approval. Buhari also transmitted to the House, the Code of Conduct Bureau and Tribunal (CCT) and the Constitution of the Federal...
Gov. Nasir El Rufai of Kaduna State on Tuesday presented the 2023 draft budget of N370 billion to the State House of Assembly. The estimates conform with his administration’s 60:40 ratio of capital to recurrent expenditure. It is the eighth and final budget of El-Rufai’s tenure which ends in...
Some senators on Friday, expressed divergent views on the N20.5 trillion Appropriation Bill for 2023. Those who spoke to the News Agency of Nigeria (NAN) said it is a bill of sustainability while others said that there were areas the Buhari’s administration needed to address before handing over power...
Gov. Chukwuma Soludo of Anambra, has signed the revised budget of N170 billion into law. Soludo said that the budget christened; “Building off from the Blocks”, fell short of N250 billion, estimated as the amount required in building critical infrastructure in the state. Mr Christian Aburime, Press Secretary to...
The Senate has passed the revised 2022 N17.3trillion budget. This followed the adoption of the report of Senate Committee on Appropriation at Thursday’s plenary. Presenting the report, Sen. Barau Jibrin, the Chairman of the committee said that the budget was made up of N7 trillion recurrent expenditure and N5...
By JOY ADARA, Abuja – The Federal Inland Revenue Service (FIRS) has stated that it would use the instrumentality of the Finance Act 2021, through collaboration with taxpayers and key stakeholders to ensure adequate funding of the country’s budget and raise the requisite financing for national development. This was...
PATRICK ABANG Calabar – Cross River State Governor, Professor Ben Ayade on Friday signed the state’s 2022 appropriation bill into law. Speaking at the signing ceremony held at the State Executive Council Chamber of the Governor’s Office, Calabar, Governor Ayade said the N354.55bn budget will ensure the take-off of...
President Muhammadu Buhari has signed the 2022 Appropriation Bill of N17.126 trillion into law. The President signed the national budget on Friday at the Council Chamber of the Presidential Villa in Abuja, the Federal Capital Territory (FCT). The appropriation bill was presented to the President by his Senior Special...
PATRICK ABANG, Calabar – The Speaker of Cross River State House of Assembly, Bar. Eteng William, has given reasons why the state budget size was increase from N276,279,960,667,35 as presented by the governor Ben Ayade to N54,505,535,313,25 The Speaker, who presided over the Committee of the whole House after...
The Kaduna State Government has earmarked N6.8 million for the procurement of HIV diagnostic kits and consumables in 2022. This is contained in the budget of N278.6 billion signed by Gov. Nasir El-Rufai on Dec. 22 and obtained by the News Agency of Nigeria (NAN) in Kaduna on Wednesday....
By DAVID IORJA, Abuja – The Senate on Tuesday received a formal request from President Muhammadu Buhari seeking the Senate’s approval for the virement of N276,757,232,395 billion to fund expenditures in the 2021 budget. The request which was contained in a letter dated December 16, 2021, was read by...
The House of Representatives on Tuesday passed the 2022 budget of N17.126 trillion against the N16.391 trillion presented by President Muhammadu Buhari. This followed a unanimous adoption of a report laid on the floor of the House during plenary in Abuja by the Chairman, Appropriation Committee, Rep Murktar Betera...
The Universal Basic Education Board (SUBEB) in Ogun has proposed N1.50 billion as its total budget estimate for 2022 fiscal year. Mr Lekan Kuye, the Executive Secretary of SUBEB disclosed this while defending the 2022 budget proposal of the board before members of Ogun House of Assembly on Thursday...
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said smuggling is responsible for the rising cost of rice in the country. Speaking during an interview on Channels TV’s Politics Today, the Minister said smuggling is affecting the market and hurting the citizens. “Unfortunately there is a...