2018 Budget
10 Apr 2019
The Ministry of Communications has denied that it abandoned 104 projects in 2018 budgets. Reacting to a report “Senate Berates Communications Ministry for Abandoning 104 projects in 2018,”, the Special Assistant on Media to the Minister of Communication, Bolaji Kazeem, in a statement on Monday, described the report has not been a true picture of…
20 Dec 2018
Economists have expressed worries over rising unemployment in the country amidst Federal Government’s claim that N4.59 trillion of the N6.84 trillion targeted spending in the 2018 budget had implemented. While some of them doubted the veracity of the claims, others argued that the releases and deployment of funds might have been hampered by none-inclusiveness to…
17 Nov 2018
Ondo State Governor Rotimi Akeredolu, has described the reordering of the 2018 Budget by the State Assembly as constitutional, saying it was to accommodate the Paris Fund release for payment of workers' salaries. Akeredolu, who recognised the Bamidele Oleyelogun-led Assembly stressed that the reordering was constitutional, stressing that the criticism against it by a faction…
22 Jun 2018
Maritime stakeholders on Friday said National Assembly’s reduction of the take-off fund for the Maritime University in Delta would constitute a setback to plans put in place for the university.
21 Jun 2018
The Minister of Budget and National Planning, Senator Udoma Udo Udoma, says the Federal Government will borrow N1.6 trillion to finance part of the N9.12 trillion 2018 budget. The minister said this on Thursday in Abuja at the presentation of the approved 2018 Budget of Consolidation. The N9.12 trillion 2018 budget was signed by President…
21 Jun 2018
President Muhammadu Buhari has raised concern over the National Assembly’s injection of strange projects and sundry irregularities into the 2018 budget...
21 Jun 2018
The House of Representatives yesterday commended President Muhammadu Buhari for signing the 2018 Appropriation Bill into law...
21 Jun 2018
To efficiently address the problem of public service in Nigeria, the Presidency has been urged to revisit the Chartered Institute of Public Management of Nigeria Bill, 2017 with a view to signing it into law. The bill was among the three bills passed into law by the National Assembly, but President Muhammadu Buhari…
21 Jun 2018
The Health Sector Reform Coalition (HSRC) has urged the Federal Government to ensure that the N55.1 billion Basic Healthcare Provision Fund in 2018 budget be domiciled with the Central Bank of Nigeria (CBN). The group stated this while reacting to the signing of the 2018 appropriation Bill into law, insisting that the amount should only…
20 Jun 2018
Nigerian President Muhammadu Buhari signed the country’s budget of 9.12 trillion naira today on Wednesday. The spending plan was approved by the two chambers of the National Assembly and was passed to the presidency on May 16, 2018. Here are important facts about the 2018 budget: The 2018 budget is 22.6% higher than the 2017…
20 Jun 2018
The National Assembly on Wednesday shrugged off concerns raised by President Mohammadu Buhari over the 2018 budget as passed by the lawmakers. Speaking with State House correspondents moments after President Buhari signed the fiscal document seven months after, the Senate Deputy Majority Leader, Bala Ibn Na'Allah noted that passing the budget way it was sent…
20 Jun 2018
Nigeria's President Muhammadu Buhari said he was not pleased the country's lawmakers altered the 2018 spending plan he sent to them for approval. He said he may remedy the situation through a supplementary and/or amendment budget. The budget, estimated at N8.26 trillion, was presented to the National Assembly on November 7, 2017. It was later increased…
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With three days left to the expiration of the February 10 deadline, a Federal Capital Territory (FCT), High Court, has compelled the Central Bank of Nigeria (CBN) and 27 commercial banks to go ahead with the full implementation of the naira redesign policy...
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The hope sports enthusiasts have of seeing the National Stadium back as the centre of sports excellence seems to have been dashed by vandals, who for two weeks, have had unfettered access to the facility’s cables.
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