... Seeking the Truth in Facts
President Muhammadu Buhari on Tuesday presented a budget of N10.729 trillion to the joint session of the National Assembly for approval for the 2020 fiscal year. According to the document, some of the ministries witnessed major changes when compared to the 2019 Budget proposal submitted Read More …
2020 BUDGET SPEECH: Budget of Sustaining Growth and Job Creation Delivered By: His Excellency, Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja Tuesday, October 8, 2019 PROTOCOLS 1. I will start by asking you to pardon my Read More …
Friday Olokor, Abuja The extraordinary meeting of the Federal Executive Council earlier scheduled for Saturday would take place today Monday, October 7, 2019, by 12 noon. The Special Adviser to the President (Media and Publicity), Femi Adesina, had said the FEC meeting “is to put Read More …
Amidst contradictions in the Medium Term Expenditures Framework and Fiscal Strategy Paper presented by President Muhammadu Buhari, the Senate on Thursday passed a resolution to increase the total proposed expenditure of the 2020 Budget from N10.002 trillion to N10,729.4 trillion. This was part of the Read More …
The Presidency on Tuesday gave reasons President Muhammadu Buhari didn’t keep to his administration’s promise to present the 2020 budget to the National Assembly in the third week of September. It also said Buhari, who would visit South Africa this week, would present Read More …
Senate • Senate yet to get medium-term expenditure framework • Vows action on petroleum bill, insecurity • Experts disclose ways to improve nation’s fiscal plan The Senate yesterday said it was yet to receive a draft copy of the Medium-Term Expenditure Framework (MTEF) from President Read More …
* Projects lower oil revenue, benchmark price in 2020 By Ndubuisi Francis in Abuja The federal government, Tuesday unveiled the draft 2020-2022 Medium Term Fiscal Framework (MTEF) and Fiscal Strategy Paper (FSP) with a projected total budget of N9,789,243.466 for 2020. It expressed concern that Read More …
Ifeanyi Onuba The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said that the Federal Government would at the end of September send the 2020 budget proposal to the National Assembly. Ahmed said this at the High-Level Roundtable meeting on National Donor Read More …
Targets December for passage to normalise fiscal cycle Deji Elumoye in Abuja President of the Senate, Dr. Ahmad Lawan, Thursday urged President Muhammadu Buhari to lay before the National Assembly the 2020 Appropriation Bill latest by September ending for its passage by December. He also Read More …