President Muhammadu Buhari on Friday signed N6.06 trillion 2016 Appropriation bill into law. His assent was withheld for weeks due to grey areas in the 2016 Budget passed by the National Assembly and the N6.08 trillion proposal he submitted to the joint sitting of the National Assembly on 22nd December, 2015. The President, according to […]
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MINISTER of Budget and National Planning Udoma Udo- Udoma,, said yesterday that the 2016 budget is realisable in spite of the falling oil price. The minister according to the Director of Information in the ministry, Mr Charles Dafe, said the minister spoke when a delegation from the African Development Bank (ADB) visited the ministry. Udo-Udoma […]
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FEDERAL government has given the direction it will take to run the economy in 2016. According to the federal government, it will fully implement the 2016 budget so as to recover from the slowing GDP growth and to forestall the remote possibility of recession. A statement from the Ministry of Finance Thursday said the Minister […]
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DESPITE the commotion that greeted the 2016 budget, the Majority Leader of the House of Representatives, Femi Gbajabiamila, says the budget is unprecedented in the country’s history. He said the budget was historic because for the first time in recent history, 30 per cent of the budget was dedicated to capital expenditure. The lawmaker, who said […]
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THE 2016 budget is not on the agenda of the House of Representatives as lawmakers reconvene this week in Abuja from their Christmas and New Year break, Punch learnt on Monday. The lawmakers will resume work on Tuesday (today), but contrary to expectations, the budget will not be on the table this week. Rather, other […]
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THE All Progressives Congress (APC) has assured Nigerians that the President Muhammadu Buhari administration will actualise its promises made to the citizens during the presidential campaign, beginning with the 2016 budget. APC National Chairman Chief John Odigie-Oyegun, who said this while reacting to the 2016 budget presentation by the President, said the administration’s pro-people policies […]
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