budget

According to Vanguard, the presidency has disclosed that President Muhammadu Buhari was prepared to present to Nigerians, a budget of change, when the presentation of the 2016 Appropriation Bill to the National Assembly is being carried out on Tuesday, December 22. Speaking to newsmen...

After all ministers had arrived the Presidential Villa, Abuja for the commencement of an emergency meeting of the Federal Executive Council, FEC, scheduled for 10am, President Muhammadu Buhari postponed the meeting meant to consider the 2016 budget till next week Monday. The President is...

President Buhari has summoned an emergency meeting of the Federal Executive Council (FEC) over the 2016 budget. The meeting started around 10am this morning inside the Council Chambers in Aso Rock. The meeting will focus on the finalization of the 2016 budget ahead of its presentation to the...

The Minister of Housing, Mr. Babatunde Fashola says there would be changes in the policy direction of the Buhari’s administration in the settlement sector. This, he said, would commence in the 2016 budget implementation when the Federal government would spend N10b to build low income housing...

Niger Delta ex-agitators, under the aegis of Presidential Amnesty Phase II, on Monday threatened war over the Federal Government’s alleged plan to slash the 2016 budget for the Presidential Amnesty Office. They argued that the proposed N20bn for the initiative was unacceptable to them. The...

Minister of Information and Culture, Alhaji Lai Mohammed, yesterday assured Nigerians that there would be light at the end of the tunnel. He said the 2016 national budget would alleviate the hardship being experienced now. This, he noted, was brought about by the sleaze and looting in the...

Ekiti State governor, Ayodele Fayose has presented N67bn proposal to the Ekiti State House of Assembly for the 2016 budget. While presenting the budget, the Governor said; “Let me state clearly again that I am not part of any plan by the Governors Forum to reduce Minimum Wage and...

According to the 2016 budget proposal MTEF submitted to the National Assembly, President Muhammadu Buhari has earmarked N500 billion for school feeding programme initiatives, conditional cash transfer to most vulnerable and post-National Youth Service Corps grant.‎ It reads in part: “The...

According to the Inspector-General of Police, Solomon Arase, the budgetary allocations of the Nigeria Police can barely buy stationery (writing materials) for the entire Force. On Thursday, Arase revealed to the House of Representatives Committee on Police Affairs that the money released to the...

The Executive Director of the Centre for Social Justice, CSJ, Mr. Eze Onyekpere, says the failure of the President Muhammadu Buhari-led government to present the 2016 Budget proposals to the National Assembly, one and a half months to the end of the current Fiscal Year is a demonstration of its...

President Muhammadu Buhari, has sent a supplementary appropriation bill for the 2015 fiscal year to the Senate for approval. The president, in a letter conveying his request, which was read on Wednesday, during plenary, by the Senate President, Bukola Saraki, asked the Senate to grant his...

While Benue state and indeed Nigeria groans under severe financial and economic hardship, the state Governor, Samuel Ortom, has shelled out N558.7 million for luxury vehicles for his aides and local government chairmen. Mr. Ortom came to power with what he called five-pillar agenda, including a...