The Minister of Finance, Mrs Kemi Adeosun, says the Federal Government will be closing the 2017 budget with a capital spending in excess of N1.5 trillion.
Mrs Adeosun. who revealed this development on Sunday in a series of tweets on her Twitter …
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Nigeria's budget performance in the first half of 2017 shows oil revenue more or less as expected while non-oil revenue was way down despite the diversification of the economy by the Muhammadu Buhari's administration
The analysis was shared by Paul Wallace, @PaulWallace123 o Twitter, Bloomberg...
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The Nigerian senate has summoned Finance Minister Kemi Adeosun and Minister of Budget and National Planning, Senator Udo Udoma, to brief it on the implementation of the 2017 Appropriation Act.
This follows a motion moved by Senator Gbenga Ashafa (Lagos-East), which was adopted by the Red...
Senate President, Bukola Saraki on Tuesday explained reasons for the slashing of the Lagos-Ibadan highway budget.
Saraki told newsme in Abuja that there was the need to allow private sector participation in a road as important as the Lagos-Ibadan Expressway.
“Government alone cannot reduce...
House of Representatives on Tuesday resolved to summon the Minister of Power, Works and Housing, Mr. Babatunde Fashola to answer to allegations that the House messed up with the Ministry’s 2017 budget and slashed appropriations for critical infrastructural projects.
Recall that there had...
The Nigerian Senate has asked Babatunde Fashola, Minister of Power, Works and Housing, to stop spreading wrong information about the 2017 budget.
Speaking on Fashola's claim that the budget for his ministry was altered, Senate spokesperson, Sabi Abdullahi said “Even as at last year the 2016...
The suspended lawmaker, Abdulmumin Jibrin has backed the recent comment by Acting President Yemi Osinbajo that the National Assembly has no power to insert new projects in a budget proposal.
Jibrin, a former chairman of the House of Representatives appropriation committee, said "The acting...
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Minster of Power, Works and Housing, Mr. Babatunde Fashola, has claimed that the National Assembly altered some provisions in the 2017 budget.
The former Governor of Lagos state, who is not happy with the development, suggested that the judiciary may have to explain how far lawmakers can go in...
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Abdulmumin Jibrin, the suspended member of the house of representatives, has said that he is ready to blow another whistle on certain issues surrounding the 2017 budget signed by Acting President, Yemi Osinbajo on Monday.
The former House of Representatives Chairman on Appropriation said he...
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President Muhammadu Buhari's Chief of Staff, Mr. Abba Kyari laughed as he was part of the historical signing of 2017 budget by Acting President Yemi Osinbajo.
This is coming despite believed in many quarters that he (Mr. Kyari) is part of the Aso rock cabal trying to undermine the acting role...
Nigeria's Acting President Yemi Osinbajo on Monday made history by signing the 2017 budget into law on order of the ailing President, Mr. Muhammadu Buhari.
Here are 10 things everyone should know about the 2017 Budget of recovery and growth as compiled by The Presidency:
1. The 2017 Budget...
Acting President Yemi Osinbajo will on Tuesday sign the 2017 budget into law barring last minute change of decision, Daily Trust gathered.
This is coming as President Muhammadu Buhari deferred return to Nigeria home from a medical leave in the UK last weekend. Reuters quoted source at...
Pally Iriase, deputy whip of the house of representatives, on Tuesday urged Nigerians not to panic as there was still time for the 2017 budget to be signed into law.
According to THE CABLE, Iriase said, ''You should not be surprised because budget in a presidential system is always a...
The Presidency has said that it is still working on the 2017 budget, 15 days after the National Assembly transmitted the document to the Presidency.
The Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang on Saturday said the Presidency is working...
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Acting President Yemi Osinbajo is set to sign the 2017 appropriation bill into law, tomorrow. Thursday, June 1, 2017.
The national assembly passed the bill on May 11.
TheCable exclusively reported that Ita Enang, senior special assistant to the president on legislative matters, officially...
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Nigerian government said it was analysing and reviewing the 2017 Appropriation Bill passed by the National Assembly penultimate Thursday.
Budget and National Planning Minister, Udoma Udoma said this while addressing State House correspondents on Wednesday after the Federal Executive Council...
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Acting President, Prof. Yemi Osinbajo, has issued a presidential directive, which will henceforth (until a constitutional amendment) mandate the executive to submit budgetary proposals to the National Assembly latest by September of every year.
Worried by late implementation of capital projects...
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