The federal government has boasted that it has moved 10.073million Nigerians from poverty to prosperity. The minister of Budget and National Planning, Sen. Udoma Udo Udoma made the claim Tuesday while speaking on arrangements for the 24th Nigerian Economic Summit (NES#24) held at the conference room of the ministry in Abuja. He said federal government […]
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President Muhammadu Buhari on Monday received briefing from Udoma Udo Udoma, minister of national budget and planning; Kemi Adeosun, minister of finance, and Godwin Emefiele, governor of Central Bank of Nigeria (CBN), and expressed his delighted over the improving state of the economy. In a statement on Monday, Femi Adesina said Buhari reminded the ministers […]
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Nigeria’s Minister of Budget and National Planning, Udoma Udo Udoma has reassured Nigerians that the country will come out of the economic recession before the end of 2017. He told journalists after briefing members of the National Working Committee (NWC) of All Progressives Congress (APC) on the implementation of the 2017-2020 Economic Recovery and Growth […]
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 ReadingThe Federal government has so far spent N3.577 trillion out of the full year budget of N6,060 trillion for the 2016 fiscal year. This translates to a 79% performance of the prorated budget for the three quarters up to September 30, 2016. In addition to the total of N2,439.9trn so far released for Capital, Non-debt Recurrent and Service-wide […]
Continue ReadingNigeria’s foreign reserves have dropped from $26.51 billion from the second quarter of 2016 to $24.74 billion in September.The minister of Budget and National Planning, Udoma Udo Udoma, made this known at the 57th annual conference of Nigeria Economic Society (NES) in Abuja on Tuesday, where he said Nigeria had revenue and foreign currency concentration […]
Continue ReadingNIGERIA – Minister of Budget and National Planning, Sen. Udoma Udo Udoma, has initiated what is considered a go-through discussions with the management of the Chinese EXIM Bank in Beijing, China, over funding of some projects. This is as contained in a statement issued on behalf of the minister by his Media Aide, James Akpandem. […]
Continue ReadingSen. Udoma Udo-Udoma, Minister of Budget and National Planning says the Federal Government will adopt simple planning process to achieve inclusive growth and development in the country.Udo-Udoma said this when he was fielding questions from some participants at the 2016 Annual Public Lecture of the Nigerian Economic Society (NES) in Abuja. He said the country […]
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