The Delta House of Assembly Committee on Information has advised  Ministries, Departments and Agencies (MDAs) to work within their budgetary allocations. The Chairman House Committee on Information, Mr Emeka Nwaobi stated this during the budget defence meeting with the State Ministry of Information and its parastatals on Wednesday in Asaba. Nwaobi, who is also the…

The Akwa Ibom State Executive Council has approved a draft budget estimate of N955 billion for the 2025 fiscal year. A breakdown of the estimate shows that while N300,000 billion is for recurrent expenditure, N655 billion is for capital projects. In a meeting presided over by Governor Umo Eno, the recurrent expenditure represented a 14…

A Non-Governmental Organization, Development, and Integrity Intervention Goal, DIG Foundation, on Tuesday, rated budget implementations

The National Assembly has supported the minimum yearly housing budget of N500 billion proposed by the Ministry of Housing and Urban Development. This was disclosed by Minister Ahmed Dangiwa while addressing newsmen at the State House in Abuja. According to Dangiwa, the call for budgetary support is motivated by the scale of Nigeria's housing deficit,…

Osun State Governor, Ademola Adeleke, on Wednesday presented a total of ₦390,028,277,740 as the 2025 Appropriation Bill of his administration before the state House of Assembly in Osogbo. Tagged: “Budget of Reconstruction and Recovery,” Adeleke said the budget is borne out of the need to reconstruct the damaged economy and infrastructural facilities of Osun and…

Delta Government on Monday approved the transmission of the N936 billion proposed budget for the 2025 fiscal year to the State House of Assembly for further deliberation. The State Commissioner for Economic Planning, Mr. Sonny Ekedayen, disclosed this while briefing newsmen on some of the decisions reached at the end of the State Executive Council…

The Centre for Social Justice (CSJ), a Nigerian knowledge institution, has called on the Minister of Budget and Economic Planning, Senator Abubakar Atiku Bagudu, to provide an explanation as to why his ministry has yet to submit the Medium-Term Expenditure Framework (MTEF) for 2025-2027. Section 11(2) of the Fiscal Responsibility Act (FRA) mandates the Federal…

Timing is executive’s decision, says Senate Indications have emerged that President Bola Tinubu may present the 2025 budget to the National Assembly in early December, as the necessary budget templates are still being finalised. The Senate’s Committee on Finance has clarified that the timing for the budget presentation rests solely with the executive branch, led…

Ogun State Governor, Prince Dapo Abiodun, has attributed the successful implementation of the 2024 budget to an increase in funds due to the effective maximisation of more revenue areas and blockage of leakages in the system. The governor stated this during the town hall meeting on the 2025-2027 Medium Term Expenditure Framework (MTEF) and 2025…

The House of Representatives has asked the Federal Government to urgently transmit the Medium Term Expenditure Framework (MTEF). The resolution followed the adoption of a motion of Urgent Public Importance on “Ensuring long-term macroeconomic stability of the national economy,” moved by Mr. Clement Jimbo. Leading the debate on the motion, Mr. Jimbo said that if…

Ekiti State Governor, Mr. Biodun Oyebanji, has restated his administration’s commitment to food security for residents of the state through various collaborations with investors in agribusiness and young farmers, stating that his target for 2025 is to record a significant increase in production in the sector to feed the people. Oyebanji made this indication over…

The Sokoto  Executive Council has approved N119 billion for submission to the state House of Assembly as supplementary budget. The council also approved N17.9 billion for the reconstruction of different roads in the state. Addressing newsmen shortly after the meeting on Thursday, the Commissioner for Budget and Economic Planning, Alhaji Balarabe Kadadi, said the budget…