Nigeria’s 2018 Appropriation Bill will be submitted to the National Assembly in October, the Special Adviser to President Muhammadu Buhari on National Assembly Matters (Senate), Ita Enang, has said. He said this on Sunday when he appeared at a News Agency of Nigeria forum in Abuja. The National Assembly had fixed October as the deadline […]
Read More The Federal Government on Tuesday started a move to return the country back to a predictable January to December fiscal year with early preparation of the 2018 budget proposals, just it will present the breakdown of the 2017 Budget to the general public on Monday, June 19 at the Ministry of Foreign Affairs headquarters in […]
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As the 2017 budget preparations kicks off, all Ministries, Department and Agencies (MDAs) of government have been directed to submit their budgets to a designated web portal domiciled in Budget Office. This is a departure from the old practice of MDAs submitting their annual budgets through flash drive to the Budget office. This new development […]
Read More President Muhammadu Buhari and leaders of the two chambers of the National Assembly on Tuesday night rose from a 10-minute meeting, saying all grey areas in the 2016 Budget had been resolved, Punchng report. The meeting which was held inside the the First Lady’s Conference Room started at about 9.20pm and ended around 9.30pm. Those who […]
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FEDERAL Capital Territory (FCT) 2015/2016 budget presentation at the House of Representatives Committee on Federal Capital Territory (FCT) ended unceremoniously over unsatisfactory disbursement of funds for some projects. The Committee has also declared to investigate the diversion of N1.5b meant for compensation and resettlement of indigenes affected by the Centenary village project. At the continuation […]
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U.S President Barack Obama is proposing about $200 million in new military spending to confront Islamist militants in north and west Africa, U.S. defense officials said ahead of Tuesday’s budget rollouts for the next fiscal year, according to Reuters. U.S. officials declined to specify to which nations the funding would be directed. The disclosure comes […]
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President Muhammadu Buhari, has appended his signature to an Act of the National Assembly which authorised the executive to extend the implementation of the Capital vote component in the 2015 budget beyond December 31, 2015, The Punch report. Senior Special Assistant to the President on National Assembly Matters ( Senate ), Senator Ita Enang, confirmed […]
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Taraba State Governor, Darius Dickson Ishaku on Wednesday presented to the State House of Assembly a budget of sixty eight billion and one hundred and ten million naira (N68.8 bn) for 2016. Tagged “The Rescue Budget “, the governor explained that the appropriation bill was prepared bearing in mind “the realities of times.” “We can […]
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The Senate on Tuesday amended the 2015 Supplementary Appropriation Act to enable the Executive arm of government to implement the N557bn capital expenditure component in the budget till March next year. The amendment was perfected at plenary shortly after President Muhammadu Buhari presented the 2016 budget estimates to the joint session of the National Assembly. […]
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