Return 2021 budget to Executive, Rep. Abiante urges Reps
Rep Awaji-inombek Abiante has urged thhe House of Representatives to return the 2021 budget estimate of over N13 trillion to the executive. He said, “such estimate cannot take the country out of the current recession.”
Buhari: Fresh concerns on national unity over alleged lopsided appointments
Soon after receiving his Certificate of Return from the Independent National Electoral Commission (INEC) as the winner of the February 23, 2019, presidential election, President Muhammadu Buhari pledged to run an inclusive government in his second term.
Budget Office denies allocating N27 billion for National Assembly renovation
Nigeria's Budget Office on Thursday denied allocating N27 billion for the renovation of the National Assembly Complex in Abuja. “The provision for renovation/retrofitting of the National Assembly (NASS) Complex in the revised budget is N9.25bn, not N27bn as being bandied around,” director-general for the budget office Ben Akabueze said in a statement. “The initial provision…
Politics, penalty and gas flaring
Think Nigeria and its crude oil production, and you probably envisage gas flaring, environmental degradation and poverty amid wealth.
COVID-19: FG walks tight rope, plan to cut oil price benchmark to $20 per barrel
The Federal Government appears to be walking a real tight rope as she moves further to cut down her spending plan for fiscal 2020 to an all low time around three or four trillion up from more than the N10 trillion size that was originally articulated pre- COVID 19 era in the year 2019.
‘Why government should muster will to address socio-economic challenges’
Experts from the different spectrum of the Nigerian economy have said that the inability of the various governments to muster the needed political will to tackle the entrenched structural problems with the country's economy remains a challenge in effecting the necessary changes.
'Improved revenue performance critical to budget implementation'
Achieving development objectives in the Federal Government's 2020 budget requires improved revenue performance, and effective implementation of projects and programmes, Director-General, Budget Office of the Federation, Ben Akabueze..
Government urges private investors to exploit budget opportunities
The Federal Government has called on private sector investors to leverage the many opportunities that exist in the 2020 Appropriation Bill.
2019 budget an opportunity for private sector to thrive, says Akabueze
Worried by the dwindling fortunes of Nigeria’s economy, the Director-General, Budget Office of the Federation, Ben Akabueze, has said the proposed N8.83 trillion 2019 national budget presents opportunities for the organised private sector to strive. Akabueze said this in a paper yesterday, entitled, “Business Opportunities in the Proposed 2019 Federal Government Budget: Prospects and Challenges…
2019 budget presents opportunity for private sector—Akabueze
The Director-General, Budget Office of the Federation, Ben Akabueze, has said the proposed N719.4trn national budget presents opportunities for the organised private sector to thrive. Akabueze stated this in a paper he presented, yesterday, entitled: “Business Opportunities in the Proposed 2019 Federal Government Budget: Prospects and Challenges for the Private Sector.” The presentation was made…