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…
CBN, NNPC, FIRS and national budget
Attempts to remove, by administrative procedures, the autonomy and independence, which the Central Bank of Nigeria (CBN) enjoys by virtue of Section 1(3) of its Act of 2007 may have surfaced, after all. And this is curious at this time when the economy is facing some stress and global attention. The other day, the Director…
N2.81t unremitted funds shows failure of TSA, lack of transparency – Experts
With the revelation that N2.81t is unremitted or being held back by Government-Owned Enterprises (GOEs), the Federal Government has unwittingly exposing its stark failure on fiscal transparency and sheer lack of willpower to enforce extant fiscal rules, so says development experts.