The House of Representatives clarified on Friday that it approved N145bn for fuel subsidy in the 2015 budget. It said N100bn was approved for petrol subsidy while the balance of N45bn was for kerosene subsidy. Deputy House spokesman, Mr. Victor Ogene, who made the clarification in Abuja, explained that the N145bn was embedded in the […]
Minister of Finance, Dr. Ngozi Okonjo-Iweala | credits: File copy Senators on Tuesday accused the Minister of Finance, Dr. Ngozi Okonjo-Iweala, of destroying the economy by allegedly withholding funds meant for capital projects. The senators, who met behind closed doors for about two hours, were analysing the budget proposals of the various Ministries, Departments and […]
New budget now N4.69tr •Approves N7b confab budget Senate yesterday approved N4.69 trillion as the 2014 budget against the N4.642 trillion presented to the National Assembly by President Goodluck Jonathan. The new budget approved by the Senate was increased by N53 billion but is significantly lower than the N4.987 trillion passed by the National Assembly. […]
Minister of Finance, Dr. Ngozi Okonjo-Iweala | credits: blogs.cfr.org The debate on the 2014 Appropriation bill entered the second day in the Senate on Wednesday with some Peoples Democratic Party and All Progressives Congress senators describing the document as anti-people. They chided the Minister of Finance, Dr. Ngozi Okonjo-Iweala, for the way the bill was […]
The Presidency will next year spend N2.466bn on the foreign and local trips of President Goodluck Jonathan and Vice-President Namadi Sambo. Jonathan alone will spend N2.4bn on travels and transport while Sambo will spend N67m. These are contained in the details of the 2014 Appropriation Bill presented to the National Assembly last week by the […]
FROM ADETUTU FOLASA-DE-KOYI, ABUJA Inability of both chambers of the National Assembly to agree on an acceptable oil benchmark for the national budget has forced a postpone-ment of the 2014 Appropriation Bill presentation. Twice in one week, President Goodluck Jonathan shelved the formal presen-tation of the N4.77 trillion 2014 estimates to a joint sitting […]
President Goodluck Jonathan Indications are that President Goodluck Jonathan may no longer present the 2014 budget to the National Assembly today by himself. Sources said “security reasons” accounted for Jonathan’s alleged change of mind. He was scheduled to present the budget by 12 noon today. The stage is already set to receive him before the […]
Director-General, Budget Office of the Federation, Dr. Bright Okogu The Director-General of Budget Office of the Federation, Dr. Bright Okogu, and the Accountant- General of the Federation, Mr. Jonah Otunla, told a National Assembly Committee on Tuesday that Nigeria was not broke but was currently cash-strapped. Okogwu and Otunla said this when they appeared […]
By CHARLES KUMOLU SENATOR Nkechi Nwaogu is the Senate Committee Chairman on Gas. In this interview, she frowns at the budget cycle in Nigeria, adding that it is responsible for the frequent budget face-off between the executive and the legislature. Nwoagu also wants an agreement that would allow the National Assembly to make inputs into […]
By Abdullahi M. Seidu | NNP | July 3, 2013 – One topic that has generated so much discourse in the Nigerian public space for a long time is the 2013 budget. Right from the primordial planning stages, it has raised so much dust that even the average Nigerian who would ordinarily maintain an indifferent […]
I will resign if Yahaya Bello is not prosecuted — EFCC chairman
Why NOUN graduates are not eligible for NYSC
Why we need parliamentary system in Nigeria – Peter Obi
DSS arrests ex-Gov el-Rufai’s political ally, Aisha Galadima, over Facebook post criticizing Gov Sani of Kaduna State
How kidnappers of Abia State University, Uturu, DVC were arrested – Otti
Tinubu and the Creation of a New Society - By Abiodun Komolafe Posted on: Mar 28th, 2024
Embracing Invincible Defense Technology for Lasting Peace - By Dr. David Leffler Posted on: Feb 21st, 2024
Insecurity: Time to Heed Zulum’s Warning - By Abiodun Komolafe Posted on: Jan 20th, 2024
The Moral Blemish on the Tinubu Presidency - By Tochukwu Ezukanma Posted on: Sep 26th, 2023
The Soldiers Must Remain in the Barracks - By Tochukwu Ezukanma Posted on: Sep 16th, 2023
Obaship in an Era of Palliatives - By Abiodun Komolafe Posted on: Sep 16th, 2023Would Somebody Tell Nigerians That Corrupt Leadership Does Not Exempt Anyone From Its Torments? - By Ugochukwu Ejinkeonye Posted on: Aug 16th, 2023
Thoughts on Revenue Generation - By Abiodun Komolafe Posted on: Aug 8th, 2023
As Darkness Threatens to Engulf Nigeria - By Tochukwu Ezunkanma Posted on: Aug 8th, 2023
Avoiding the Niger Quagmire - By Oseloka H. Obaze Posted on: Aug 7th, 2023© 2024 New Nigerian Politics. All Rights Reserved. Log in - Designed by Gabfire Themes