Ondo government unveils three-year budget expenditure framework
Ondo State Ministry of Economic Planning and Budget has unveiled a three-year Medium Term Expenditure Framework (MTEF). The commissioner in charge of the ministry, Pastor Emmanuel Igbasan, disclosed this yesterday at a consultative meeting in Akure. He said the agenda, which is expected to run from 2019 to 2021, was initiated to ensure transparency and…
Optimising income from the emerging oil boom
When oil prices begin to rise as they have been doing in the last couple of months, particularly in the last few weeks, my heart begins to palpitate.
Reps approve MTEF, conclude debate on 2018 budget
The House of Representatives yesterday adopted and passed recommendations of the 2018 Medium Term Expenditure Framework (MTEF). The members similarly rounded off debate on the proposals of the 2018 budget. The debate entered its fourth day yesterday. Preparatory to its passage, the House Speaker Yakubu Dogara referred detailed considerations of the proposals to the Committee…
Another budget face-off looms
Strong indications emerged at the weekend that the country may be heading for another season of budget showdown, as the executive and the legislative arms...
Don’t expect timely passage of 2018 budget, says NASS
The Chairman of House of Representatives committee on Legislative Budget and Research, Mr. Timothy Golu, has ruled out the possibility of passing the 2018 budget into law...
Submitting 2018 budget without MTEF ridiculous, says Reps panel
In an interview yesterday with The Guardian in Abuja, the panel chairman said the executive arm of government had not complied with the law by sending the document to the legislature for perusal.
Budget minister explains projections for MTEF, FSP 2018-2020
Minister of Budget and National Planning, Senator Udoma Udo Udoma, at the weekend took the 2018-2020 MTEF and FSP consultations exercise to Lagos where he met with Civil Society Organisations...
Budgets as serial killers, harbingers of graft, underdevelopment
Budgeting, besides promoting transparency and accountability in the management of public finance, also serves as a fiscal instrument for self-assessment.
That the 2017 budget may pave way out of recession
For the 2017 Budget to lay the firm foundation for the Nigeria economy to pull out of recession, a baneful procedure should be exorcised.