2025 Budget
1 day ago
Ahead of the presentation of the 2025 Appropriation Bill by President Bola Ahmed Tinubu, the House of Representatives has approved a $75 oil sale benchmark price. Adopting the recommendation of the report of Mr. James Abiodun Faleke-led committees on Finance and National Planning and Economic Development on the 2025–2027 Medium Term Expenditure Framework (MTEF) and…
3 days ago
Katsina State Governor, Dr Dikko Radda has presented a budget estimate of N682.2 billion to the State House of Assembly for the 2025 fiscal year. Tagged 'Budget of Consolidation', the fiscal estimate has an increase of N200.5 billion or 40 percent more than the N454.3 billion expenditure total for 2024. Radda said Capital Expenditure of…
19 Nov
Section 18 of Nigeria’s Fiscal Responsibility Act (FRA) 2007 states that the “President shall submit the Appropriation Bill to the National Assembly not later than September 30th of each year.” And Section 19 of the Act says “the National Assembly shall consider and pass the Bill within 90 days of receipt.”
18 Nov
The Director, Institute of Capital Market at the Nasarawa State University, and President, Capital Market Academics of Nigeria, Prof Uche Uwaleke, had said the N1,400 to the dollar exchange rate stipulated in the N47.9 trillion 2025 budget is unrealistic.
26 Oct
In a bid to ensure participatory budgeting and accountability, the Rivers State Government has begun to get public inputs for its 2025 budget. The State Commissioner for Budget and Economic Planning, Professor Peter Medee, said the valuable inputs of the people in budgeting processes were critical in democracy and to shaping the financial future of…
23 Sep
The Oyo State Government will, on Wednesday, kick-start the sixth consultative engagement with stakeholders across the state with a view to producing a people-orientated 2025 budget. The state government said the engagement is in line with its tradition of engaging residents of the state to seek their input in the preparation of the state’s annual…
23 Aug
The Senate President, Godswill Akpabio and the Senate Leader, Opeyemi Bamidele, have promised to give Ekiti State favourable attention to the 2025 budgetary provisions by allocating developmental projects to the state.
22 Aug
The Senate President, Godswill Akpabio, and the Senate Leader, Senator Opeyemi Bamidele, have promised to give Ekiti State favourable atten
22 Aug
The Chief of Staff to the President, Femi Gbajabiamila, on Wednesday declared that the 2025 budget for State House agencies will be based on a thorough needs assessment to ensure that funding allocated to agencies is based on actual requirements. Gbajabiamila spoke to newsmen in Abuja following a one-day fact-finding tour of some government agencies…
18 Aug
Vice-President Kashim Shettima has urged heads of agencies to be guided by the extant provisions that established their organisations in preparing their 2025 budget. Shettima, represented by Sen. Ibrahim Hadejia, made the call during a retreat for the Chief Executives of the Ministries Department and Agencies (MDAs) under the supervision of the State House on…
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The Chief of Defence Staff (CDS), General Christopher Gwabin Musa, has called for a collaborative effort in addressing the nation’s
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Fresh facts reveal that arrested Pro-Biafra separatist leader, Simon Ekpa, and Finnish authorities may request a re-evaluation of the terror
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The Lagos State High Court has announced the date for its 2024 Christmas vacation, stating that it will commence on Tuesday, December 24, 2024, and conclude on Thursday, January 2, 2025. This announcement was disclosed in a public notice from the Ag. Chief Registrar, Mr. T. A. Elias, on Thursday. According to a notice issued,…
1 hour ago
The Minister of Transportation, Sen. Saidu Alkali has said that statistics have revealed that over 90 per cent of Road Traffic Crashes (RTCs) in Nigeria were caused by human factor. Alkali said this at the 2024 annual safety manager retreat, organized by the Federal Road Safety Corps (FRSC) on Thursday in Abuja. The minister mentioned…
1 hour ago
Liverpool manager Arne Slot believes Pep Guardiola will come up with the solution to Manchester City's problems but is hoping to inflict more pain on the English champions on Sunday. Slot's incredible start to life at Anfield continued with a 2-0 win over Real Madrid on Wednesday to move back to the top of the…
1 hour ago
President Bola Tinubu has reaffirmed his administration's commitment to prioritizing education for Nigerian children. President Tinubu spoke Thursday during a dialogue with French President Emmanuel Macron at the Palais des Élysée. He outlined plans to significantly reduce the number of out-of-school children through innovative return-to-class initiatives and skills development programmes. President Tinubu also highlighted the…
1 hour ago
The Governor of Delta State, Sheriff Oborevwori, on Thursday presented the staff of office to the 14th Asagba of Asaba Kingdom, Obi Prof. Epiphany Azinge, noting that the Asaba people had the unique privilege of being ruled by renowned intellectuals. Speaking at the Ogwa Ukwu Ahaba, the venue of the ceremony, Oborevwori said the role…