Wednesday, 8th February 2023
Breaking News:

2023 budget

6 hours ago
Lagos State Government has revealed that spending on personnel and overhead will gulp N659 billion of the N1.76 trillion budget for 2023, while N88.8 billion will be spent on debt servicing.
12 Jan
President Muhammadu Buhari on Tuesday, January 3, 2023, signed the Federal Republic of Nigeria Appropriation Bill 2023 into law with a lot of loose ends, provisos and even reservations to the extent of mandating the Minister of Finance,...
9 Jan
President Muhammadu Buhari resumed office this year with his imprimatur on the Appropriation Bill, which should, in a normative sense, confer enthusiasm on his administration’s last fiscal cycle...
8 Jan
In the past few days the media has been awash with news about the huge debt burden that the incoming government in May 29, would inherit from the President Muhammadu Buhari administration. This is coming as President Muhammadu Buhari signed the 2023 budget of 21.83 trillion Naira into law and said the country would pay…
31 Dec
Governor Ifeanyi Ugwuanyi of Enugu State, on Friday, assented to the 2023 appropriation bill of N166, 602, 4I6, 770. 00 passed by the State House of Assembly.
28 Dec
The House of Representatives on Wednesday passed the 2023 appropriation bill at N21.83 trillion. There is an increase of N1.32 trillion from the N20.51 trillion budget proposal of President Muhammadu Buhari. A breakdown of the budget indicates an allocation of N967.5 billion for statutory transfers, N6.6 trillion for debt servicing, N8.3 trillion for recurrent expenditure,…
23 Dec
The renewed face-off between the executive arm of government and the National Assembly has constituted a cog in the wheel of the 2023 budget.
22 Dec
President of the Senate, Ahmad Lawan says the Senate decided to shifted the passage of the 2023 budget to Dec.28, due to some challenges.
7 Dec
For the Federal Government to rally its insurance obligation as the highest financier, there is a need to set aside two per cent for insurance premiums yearly from the non-debt expenditures to safeguard the government’s properties in the country.
1 Dec
Abia State Governor, Dr, Okezie Ikpeazu, yesterday, presented his proposed budget outlay of N157, 517, 504,300 .00 for the 2023 fiscal year, which is his last as governor, to the state House of Assembly. The budget, which is tagged, ‘Valedictory Economic Expansion and Stability Budget,’ is 6.95 per cent higher than that of 2022. While…
26 Nov
Osun State Governor, Adegboyega Oyetola, last Thursday night, signed the 2023 Appropriation Bill into law. The House of Assembly passed the budget into law last Wednesday.
24 Nov
Katsina State Government will source more than N48 billion foreign and domestic loans to fund its 2023 budget. Permanent Secretary in the state’s Ministry of Budget and Economic Planning, Abdullahi Abubakar...


8 mins ago
A former Chairman of the Independent National Electoral Commission (INEC), Prof. Attahiru Jega, has urged Nigerians to be vigilant ahead of the 2023 elections, warning that politicians are likely to deploy all means necessary to emerge victorious.
20 mins ago
Asiwaju Bola Tinubu, the APC presidential candidate, says the Supreme Court ruling on the implication of Central Bank of Nigeria (CBN) re-designed naira notes and cashless policy has saved Nigeria from the political and economic shutdown.
30 mins ago
The Catholic Bishop Emeritus of Abuja, Cardinal John Onaiyekan has urged Nigerians to pray for a peaceful election and a brand new government that will usher in a better Nigeria.
39 mins ago
The Economic and Financial Crimes Commission (EFCC) on Wednesday re-arraigned a social media influencer and comedienne, Adedamola Adewale alias Adeherself, for alleged of N7.9 million internet fraud.
44 mins ago
After a scintillating golfing experience, H.M Vaswani recently emerged as overall winner of the 2023 Daniel Ogechi Akujobi Memorial (DOAM) Foundation Golf Tournament competition.