Tag Archives: Budget

An economic expert has identified six critical considerations for the N21.88 trillion 2023 National Budget. The Regional Senior Partner, Nigeria and West Africa, KPMG, Tola Adeyemi, disclosed this during an Arise TV/KPMG programme on Tuesday. Adeyemi gave a step-by-step breakdown of the country’s 2023 budget, saying it is a deficit. …

The Minister of Humanitarian Affairs, Disaster Management and Social Development, Hajiya Sadiya Farouq, has expressed satisfaction with the clarification provided by the Minister of Finance Budget and National Planning on the N206. 242 billion provided for the National Social Safety Nets Project – Scale Up (NSSNP-SU) in the 2023 federal …

The Federal Government may present a supplementary budget to the National Assembly due to a further depreciation of the naira and galloping inflation that have made the 2023 budget nearly unrealistic. The 2023 budget benchmarks the foreign exchange at N435/dollar and inflation at 17.10 per cent but the severe scarcity …

The Federal Inland Revenue Service (FIRS) has stated that it would use the instrumentality of the Finance Act 2021, through collaboration with taxpayers and key stakeholders to ensure adequate funding of the country’s budget and raise the requisite financing for national development. This was stated by the Executive Chairman of …

The acting President, Yemi Osinbajo, on Monday signed the 2017 Appropriation Bill into law. Osinbajo appended his signature on the document at about 4:41pm inside the Presidential Villa, Abuja. The brief event was witnessed by principal officers of the National Assembly, presidential aides and other top government officials.  

The President of the Academic Staff Union of Universities (ASUU), Prof. Biodun Ogunyemi, has bemoaned the four per cent reduction in the 2017 budget allocation to the education sector. He made the observation on Thursday in Abuja when he paid a courtesy call on the President of the Nigeria Labour …

The Senate, on Thursday, postponed the laying of report on the 2017 Appropriation Bill to Tuesday. The Committees on Appropriations in the Senate and House of Representatives had planned to present their reports today, while the presentation was listed on the Order Paper for the plenary. But the Majority Leader …