The National Assembly has passed the 2017 Appropriations Bill with a total estimate of N7.441 trillion. President Muhammadu Buhari presented a proposal of N7.28 trillion to a joint session of the national assembly on December 14, but the assembly jerked up the budget report by N143 billion. The Appropriations Committees of the Senate and the […]
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The national assembly has released its 2017 budget, which is summed at N125 billion. According to the breakdown of the budget, the management of the national assembly has N6.7 billion for personnel cost, N6.2 billion for overhead costs and N2 billion for capital. The total money voted to the management of the national assembly is […]
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Senator representing Kogi West, Dino Melaye has canvassed for the use of spiritual eyes in the scrutiny of the 2017 budget by the National Assembly in order to eliminate loopholes and leakages that make room for corruption. He stated this in Abuja while speaking to the media on the 2017 budget presented to the National […]
Continue ReadingPresident Muhammadu Buhari of Nigeria has earmarked N213 billion to fast-track the modernization of the nation’s railway system in 2017 fiscal year. He made this known while presenting 2017 budget estimates before the joint session of the National Assembly. The president said the amount would represent the counterpart funding for the Lagos-Kano, Calabar-Lagos, Ajaokuta-Itakpe- Warri […]
Continue ReadingPresident Muhammadu Buhari on Wednesday formally presented a N7.28 trillion budget for 2017 to the joint session of the National Assembly for approval. The 2017 budget which is higher than the N6.07 trillion 2016 Appropriation by about 19.95 per cent, is called the “Budget of Recovery & Growth”. Details of the proposed budget showed that it […]
Continue ReadingThe Minister of Budget and National Planning, Udoma Udoma says that the Federal Government will issue new oil licences as part of efforts to explore new streams of revenues to fund the 2017 budget. Udoma made this known when he appeared before the Senate Joint Committee on Appropriation and Finance to defend the revised Medium Term […]
Continue ReadingPresident Muhammadu Buhari has expressed the hope that the 2017 budget which he will present before the National Assembly on Wednesday, will get the nation out of its economic woods. The President made this known in his 2016 Eid-El-Maulud message to the nation. The message was made available to newsmen in Abuja on Sunday. According […]
Continue ReadingGovernor Akinwunmi Ambode of Lagos State on Tuesday presented the 2017 budget of N813 billion to the state House of Assembly. The budget, tagged: “Golden Jubilee Budget” is N150.4 billion higher than the 2016 budget of N662.58 billion. The 2017 budget has a Capital Expenditure of N512.46 billion and a Recurrent Expenditure of N300.53 billion. […]
Continue ReadingPresident Muhammadu Buhari has vowed that the alterations that marked the 2016 budget, in which series of rogue projects and figures were injected into the financial document won’t happen to next year’s budget.The president made this vow while receiving members of the Governance Support Group (GSG), led by Hon. Chukwuemeka Nwajiuba, at State House, Abuja […]
Continue ReadingSpeaking at a one-day retreat held at the presidential villa in Abuja on Thursday, President Muhammadu Buhari has urged ministers and heads of departments and agencies, to think out of the box to in order to get Nigeria out of current economic recession. BUHARI’S FULL SPEECH I am delighted to be here with you at […]
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