President Muhammadu Buhari’s assertion to unruly legislators last Wednesday that the world was watching them was one of the most poignant utterances from him in recent times. The declaration may at the end of his presidency rival with his inauguration declaration that he belongs to everybody and belongs to nobody. Last Wednesday’s assertion flowed from […]
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The Kwara State House of Assembly on Thursday passed 2019 Appropriation Bill of ₦157. 8 billion. The budget was 0.19 per cent higher than ₦157. 5 billion presented to the House by Gov. AbdulFatah Ahmed on Dec. 6. The capital expenditure of the budget is now ₦79.5 billion as against ₦79.7 billion proposed by the […]
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The President of the senate, Dr. Bukola Saraki, Wednesday, spoke ill of the ruling All Progressives Congress, APC. In his statement hours after President Muhammadu Buhari presented the 2019 budget, Saraki opined that Nigerians have witnessed stunted growth in their respective businesses, lost their jobs during the recent recession and lost innocent citizens to insurgency […]
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Buhari said “Through hard work, and by the special grace of God, we have weathered these storms”. What storm did you weather when under you, 20.93 million people became unemployed and your country became the world headquarters for extreme poverty? #Buhari2019BudgetLies Buhari said “The economy has recovered from recession and we have had six quarters […]
Read More President Muhammadu Buhari on Wednesday presented ₦8.83 trillion budget estimates to a joint session of the National Assembly for their consideration. The 2019 national budget proposal is ₦300bn lesser than the ₦9.12tn, which was the size of the 2018 budget. The President said the fiscal document was predicated on an oil production estimate of 2.3 […]
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The Edo House of Assembly on Wednesday passed the state 2019 Appropriation Bill of ₦183.7 billion. This followed a motion by the Majority Leader, Mr Roland Asoro and seconded by Mr Monday Ehighalua (PDP- Esan West) at the plenary in Benin. The News Agency of Nigeria (NAN) recalls that Gov. Godwin Obaseki had on Nov. […]
Read More His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja wednesday, 19TH December 2018 Delivered by: His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria, At the Joint Session of the National Assembly, Abuja, Wednesday, 19th December 2018 1. It is my pleasure to present […]
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The National Assembly, yesterday, resolved to receive President Muhammadu Buhari at a joint session of the Senate and House of Representatives for the presentation of 2019 Appropriation Bill. At the Senate, yesterday, Senate Leader, Senator Ahmad Lawan (APC, Yobe North), moved that the Senate and the House of Representatives will sit in a joint session […]
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The Federal Executive Council, FEC, on Friday, approved the 2019 budget proposal. FEC made the approval at its special session presided over by President Muhammadu Buhari at the Council Chamber, Presidential Villa, Abuja. Though the meeting was scheduled to take one hour, it lasted for about two hours thirty minutes as it started by 10:30am […]
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Against the backdrop of a long and steady decline in the international oil price, the Federal Government may have started reviewing developments in the global oil market with the intention of adopting a new oil price benchmark for its 2019 budget. This came as the decline appeared to have bottomed out, yesterday. The ₦8.6 trillion […]
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Governor Godwin Obaseki of Edo State yesterday presented a budget proposal of ₦175 billion for 2019 fiscal year to the state House of Assembly. The budget proposal is 9.2 per cent above the 2018 budget of ₦146 billion. The proposed budget tagged: “Budget of Socio-Economic Inclusion” has ₦95.8 billion as capital expenditure, while ₦79.9 billion […]
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Akwa Ibom State Governor, Mr. Udom Emmanuel, has proposed total budgetary outlay of ₦670.718 billion for the 2019 financial year as against the approved provision of ₦646.649 billion of 2018. This comprises Recurrent Expenditure of ₦97.096 billion, Capital Expenditure of ₦445.936 billion and Consolidated Revenue Fund Charges of ₦127.686 billion. Presenting the proposal on Tuesday […]
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