28 states can’t fund 2019 budgets –NEITI

Data made available by the Nigeria Extractives Industries Transparency Initiative (NEITI) has shown that 28 states would be unable to fund their 2019 budgets from revenue realised in 2018 and 2017. The data was made available in the NEITI Quarterly Review, signed by its spokesman, Dr. Orji Ogbonnaya Orji. The eight states that would be able […]

Senate passes N8.916trn budget

Fred Itua, Abuja The Senate has passed an N8.916 trillion 2019 budget. It was passed after a thorough debate and deliberation by lawmakers. President Muhammadu Buhari submitted the budget on the 19th of December, 2018. With the passage, the President is expected to assent to the Bill any time soon . -Sun

Lagos: Ambode presents N852.317bn 2019 budget

Moshood Adebayo and Chinelo Obogo After many months of squabbles between the executive and legislative arms of government, the Lagos State Governor, Akinwunmi Ambode, has finally presented the 2019 budget  totalling N852.317 billion The budget is N187.68 billion less than last year’s budget, which was put at N1.04 trillion. However, the ceremony which lasted about 25 minutes was […]

Plateau: Lalong presents N148.7b for 2019 fiscal year

Gyang Bere, Jos Governor Simon Lalong of Plateau State has presented the Sum of N148.7 billion as budget for the 2019 fiscal year. Governor Lalong, who presented the budget tagged ‘Budget of Rescue and Infrastructural Growth’, on Monday, at the state’s House of Assembly, said his administration would prioritise continuity in governance, policy and programme […]

Video: Choas in National Assembly at budget presentation as Buhari is whisked away

As soon as Buhari concluded his speech, the session turned rowdy again. It was time for Saraki and Dogara to present their speeches but while APC lawmakers chanted ‘four more years,’ their PDP counterparts screamed, ‘no more years.’ After more than 10 minutes into the drama, the Presidential Guards Brigade band suddenly to play the […]

Fayose signs N98.6bn 2018 budget into law

amarudeen Ogundele, Ado Ekiti Ekiti State Governor, Ayodele Fayose, on Friday signed the N98.6bn 2018 budget into law. The Ekiti State House of Assembly had on December 19 passed the 2018 budget as presented by the governor. Signing the budget into law at the Government’s House in Ado Ekiti, the governor commended the assembly for seeing to […]

FG has released N1.2trn for capital vote –Adeosun

— 12th December 2017 The Minister of Finance, Mrs Kemi Adeosun, has disclosed that funds so far released by the Federal Government for capital projects in the current fiscal year now stand at N1.2 trillion. She said N750 billion was made available for capital project recently, in addition to N450 billion earlier released in the year. […]

The fleecing of Nigeria: Presidential crocodiles, others get N65m in 2018 budget

• Refreshment to gulp N136m • N132m voted for cooking gas, others • Fashola restates FG’s commitment to improved power supply as sector operates under N400b deficit If the 2018 budgetary estimates submitted to the National Assembly on November 7 by President Muhammadu Buhari is passed, the crocodiles, birds and other wildlife in the Presidential […]

Falana advises Osinbajo not to sign 2017 budget

A human rights activist, Mr. Femi Falana (SAN), has advised the Acting President Yemi Osinbajo not to sign the 2017 budget because it was illegally increased by the National Assembly. He also said that President Muhammadu Buhari is not competent to sign the appropriation bill into law because he is on vacation. Falana spoke in […]

N’Assembly yet to transmit 2017 budget to Presidency

N’Assembly yet to transmit 2017 budget to Presidency From Juliana Taiwo-Obalonye, Abuja The National Assembly has yet to officially transmit a copy of the 2017 budget it passed last week to the executive and the Economic Management Team (EMT) presided over by Acting President, Yemi Osinbajo, to facilitate appropriations of funds for its implementation. This was as the […]

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