Kogi State Governor, Yahaya Bello has been asked to remove the state Commissioner for Budget and Planning, Hon. Paul Maiwada, as well as re-organise the ministry for effective performance. Participants at a one-day stakeholders’ budget summit by Centre for Human Rights and Conflict Resolution, (CHRCR) in partnership with Shehu Musa Yar’ Adua Foundation and support…

The budget office released the 2017 budget implementation report a few weeks ago. It contained, as expected, some numbers on the federal government’s finances. Safe to say the numbers do not look good.

The National Assembly Joint Committee on Electoral Matters has overruled President Muhammadu Buhari’s earlier request that N143, 512,529,455 be vired from capital projects in the 2018 budget to fund the 2019 general elections. The panel instead recommended that the funds be vired from service-wide votes under the Special Intervention Programme (recurrent) to ease consideration and…

There must have been some excitement in some quarters as the much awaited 2018 appropriation bill was signed into law by the President Muhammadu Buhari-led government on June 20, with aggregate expenditures of N9.12 trillion.

The Senate Committee on Appropriation has increased the 2018 budget from N8.612 trillion to N9.120 trillion...

The Minister of Finance, Mrs Kemi Adeosun, said the delay in passage of the 2018 budget would have some impact on the nation and cause some adjustments in implementation. She said this during a news conference on Friday in Abuja, adding that the impact was because markets change and the cost of money in the…

If one of your many resolutions this year is to travel more, then you need to start planning and budgeting for the trips you may take. Travelling more means saving more ahead of your trip. You really don't want to wait for your travel date to come close before you start preparing for your trip.…

Governor Ibrahim Dankwambo of Gombe State has explained that the sum of N104.9b estimate contained in the 2018 budget of the state is aimed at securing the future social wellbeing of Gombe people. The governor noted that while N52, 934, 870, 132.00 is earmarked for capital expenditure, N51, 987, 602, 173.00 is for recurrent expenditure,…

Gov. Oluwarotimi Akeredolu of Ondo State on Friday presented an appropriation bill of N171 billion for the 2018 fiscal year to the state House of Assembly for scrutiny and approval. The estimates, christened “Budget of Progress”, earmarked N81.521 billion for recurrent expenditure and N68.096 for capital votes. He said it reflected the collective aspiration of…

Lagos State Governor Akinwunmi Ambode yesterday presented N1.046 trillion 2018 budget estimates to the House of Assembly, saying the state hopes to generate on the average N60 billion monthly to finance it. The proposed budget, the governor said, represents an increase of 28.67 per cent over 2017 budget with recurrent expenditure of N347.039 billion and…

The 2018 Appropriation Bill of Edo on Monday passed second reading at the House of Assembly. Gov. Godwin Obaseki had on Nov. 29 presented a budget estimate of N146.65 billion to the assembly for consideration. Leading the debate before the second reading passage of the Bill, the Majority Leader, Mr Roland Asoro (APC -Orihonmwon South),…

The key parameters and assumptions adopted for the 2018 budget of consolidation as set out in the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper include crude oil price benchmark of US$45 per barrel, oil production estimate of 2.3 million barrels.....