Senators react to Buhari’s budget proposal, express apprehension over debt

Some Senators have raised concern over N4 trillion to be borrowed to fund 2021 budget while debt servicing stands at N3.2 trillion. Speaking to The Guardian yesterday in reaction to President Buhari’s budget proposal presented to the National Assembly, Betty Apiafi (PDP Rivers) said what is worrisome is that borrowing is about N4tr while debt […]

Bayelsa House of Assembly passes Appropriation Bill of N242bn

The Bayelsa House of Assembly yesterday, passed the state Appropriation Bill of N242 billion for the 2020 fiscal year. The passage of the bill followed the adoption of the report of the House Committee on Finance and Appropriation during plenary in Yenagoa, the Bayelsa capital. The Majority Leader, Monday Obolo, representing Southern Ijaw Constituency 2, […]

Lagos Assembly passes N1.168 trillion 2020 budget

The Lagos State House of Assembly on Monday passed N1.168, 561, 893, 990 2020 Appropriation Bill for the state. The News Agency of Nigeria reports that Gov. Babajide Sanwo-Olu had on November 8 presented a budget of N1.168 trillion with the theme “Budget of Reawakening”. The passage followed the report by the joint Committee of […]

Kano: Gov. Ganduje presents N197.68bn budget to Assembly

Gov. Abdullahi Ganduje of Kano State, on Thursday presented the state’s 2020 budget of N197.68 billion to the House of Assembly for approval. Ganduje said the ‘Budget of Sustainable Social Development’ will focus on infrastructure development. According to him, over N117.71 billion of the budget was for capital projects while N79.972 billion was earmarked for […]

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 […]

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