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January to December budget circle suffers as Senate extends 2021 budget implementation to May 31, 2022

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January to December Budget circle suffers as Senate extends 2021 budget implementation to May 31, 202 The much-vaunted resolve of the National Assembly to run...
Business

Like House of Reps, Senate passes N17.126 trillion budget; will transmit to Buhari for assent Thursday

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The Senate has passed 2022 Appropriation Bill of N17.126 trillion, with an indication by President of the Senate, Ahmad Lawan, that the National Assembly...
News

257 projects amounting to over N20b duplicated in 2021 budget, says ICPC

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The Independent Corrupt Practices and Other Related Offences Commission (ICPC) says 257 projects amounting to N20.138 billion were duplicated in the 2021 budget. The Chairman...
Business

In Niger State, lawmakers stand down budget deliberations over Speaker’s missing photo in document

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The Niger State House of Assembly has stepped down debate on the 2021 budget, due to the absence of speaker’s picture in the document...
Business

Buhari spending billions on new cars while borrowing to fund big government

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Nigeria’s cash-strapped government will likely do everything to meet its big-on-paper-light-on-impact budgets except one: cut its administrative cost. As the government deals with budget deficits...
Business

Lalong presents N106.8b budget to legislators

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Plateau State Governor Simon Bako Lalong has presented a proposed 2022 budget of One Hundred and Six Billion, Eight Hundred and Seven Million, Two...
Business

2022 Budget ready by December 16 – Omo-Agege

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The Deputy President of the Senate, Senator Ovie Omo-Agege has assured that the National Assembly is determined to pass the 2022 budget before the...
Business

Senate President laments high budget deficit, explains NASS approval and how to reduce borrowings

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President of the Senate, Ahmad Lawan, has lamented the huge deficit in the 2022 federal government budget figures and has suggested measures out of...
Business

Senate passes revised fiscal framework, approves N16.39trn budget projection for 2022

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The Senate has approved President Muhammadu Buhari’s revised submission of the 2022-2024 Medium Term Expenditure Framework.  The revised submission was received and referred to the...
Business

Fresh N722 billion supplementary budget component to tackle insecurity

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Of the N895b supplementary budget sent for National Assembly approval, not less than N722 billion will cover security and defence purposes.And, according to Vice...
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