President Muhammadu Buhari, yesterday, ended uncertainty over the fate of his administration’s eighth appropriation, signing the bill, containing some unreconciled and frivolous estimates, as transmitted by the National Assembly, into law.
15 Jul 2022
The approval came more than 55 days after Gov. Charles Soludo presented the bill to the House. The passage followed the adoption of the report of the House Committee on Finance and Appropriation during the plenary in Awka.
1 Feb 2022
The Senate, yesterday, tasked revenue-generating agencies to make N3 trillion yearly to reduce Federal Government’s borrowings and deficits in the 2022 budget.
1 Feb 2022
While projections in the 2022 budget appear somewhat realistic, the Institute of Directors (IoD) Nigeria, has warned that lingering forex illiquidity, lack of will to follow through critical reforms by fiscal authorities...
18 Jan 2022
BudgIT has urged the Federal Government, National Assembly and civil society organisations to amend and eliminate about 460 duplicated projects inserted in the 2022 budget.
8 Jan 2022
Since Friday last week when President Muhammadu Buhari signed the 2022 Appropriation Bill into law at the Presidential Villa, Abuja, crisis may have started brewing between the Presidency and the National Assembly ....
8 Jan 2022
Lagos State government, yesterday, said its N521.27 billion deficit funding for the 2022 budget, at 21 per cent of debt service to total revenue, is within the fiscal sustainability benchmarks of 40 per cent.
28 Dec 2021
Barely a week after it was passed by the National Assembly, the 2022 budget is yet to be transmitted to President Muhammadu Buhari for assent.
22 Dec 2021
The allegation by the Senate on the N16 billion padding of the 2022 Federal Government budget proposal by Ministry of Environment showcases the sorry state of the budgeting process in Nigeria.
8 Dec 2021
To expedite the passage of the 2022 budget by the National Assembly, President Muhammadu Buhari, yesterday, transmitted the Finance Bill 2021 for the consideration and approval of the lawmakers.
1 Dec 2021
The formal presentation to the Lagos State House of Assembly of the 2022 budget estimates of the Lagos State Government aptly christened Budget of Consolidation underscored