The House of Representatives on Thursday says it has finally resolved to pass the 2018 Appropriation Bill next Tuesday. The Chairman of the House Committee on Media and Public Affairs, Abdulrazak Namdas, disclosed this in Abuja, while briefing journalists. He expressed regret at the inability of the National Assembly to pass the budget on time. […]
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A joint section of the Senate and the House of Representatives, making up the National Assembly (NASS) has fixed April 24th as the day it will pass the 2018 budget. The Speaker of the House of Representatives, Mr. Yakubu Dogara, made the announcement in plenary. He said the budget would be laid on April 19 […]
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As contained in a memo presented by Bala Gwagwarwa, party’s national treasurer, to the APC national caucus on Monday, the All Progressives Congress (APC) has budgeted a sum of N14.82 billion for 2018. The ruling party hopes to fund its 2018 budget from levies on elected and appointed office holders, nomination fees, fundraising and sale of […]
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Governor Akinwunmi Ambode of Lagos state, on Monday signed the 2018 appropriation bill of the state into law with a total budget size of N1.046 trillion. This is the first time that Lagos state will have a budget of N1 trillion. The total budget size comprises of N347 billion to be funded from the consolidated […]
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Governor of the State of Osun, Rauf Aregbesola, on Thursday presented the 2018 budget proposal of N173.98 billion before the state House of Assembly. The estimate, tagged ‘Budget of Enduring Legacy’ has Recurrent expenditure of N85,105,590,726 representing 49 per cent, with Capital Expenditure of N88,874,492,281 representing 51 per cent of the total budget. The estimate […]
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Oyo state’s N267 billion budget of “Stabilisation’’ has been presented to the House of Assembly for approval for the 2018 fiscal year. The budget was presented on Thursday by Governor Abiola Ajimobi. The budget is N60 billion higher than the N207 billion presented in 2017. According to the budget, the capital expenditure is N149.1 billion […]
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The Governor of Lagos State, Akinwunmi Ambode has presented the 2018 budget estimate before the Lagos State House of Assembly. The budget tagged “Budget of Progress and Development”, has a projected size of One Trillion, Forty-six Billion, One Hundred and Twenty-one Million, One Hundred and Eighty-one Thousand, Six Hundred and Eighty naira (N1,046,121). The budget […]
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The two chambers of the National Assembly on Tuesday passed the long-awaited 2018-2020 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP). This followed the adoption of report of Joint Committees on Finance, Appropriation, Loans and Debt Management, Legislative Budget and Research and National Planning and Economic Development at both chambers on Tuesday. […]
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The 2018 budget has taken a step closer to its destination after the House of Representatives passed it through a second reading on Tuesday. The House members began discussing the bill last Tuesday. On Tuesday, they approved a second reading of the bill and referred it to the House Committee on Appropriations and all other […]
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Cross River governor, Ben Ayade, has presented the largest budget by a single state in Nigeria’s history. The governor presented a budget of N1.3 trillion for the 2018 fiscal year to the state house of assembly. Presenting the proposed budget to the house on Thursday, Ayade said it was designed to add value to the […]
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