At the 2018 annual meetings of the International Monetary Fund and World Bank held in Bali, Indonesia, the Nigerian delegation led by the Minister of Finance, Mrs. Zainab Ahmed, had talks with development partners, including the Bretton Woods institutions and investors. Among the delegation were the Minister of Budget and National Planning, Senator Udoma Udo […]
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Minister of Budget and National Planning, Senator Udoma Udo Udoma, yesterday, reversed himself when he said that the 2018 budget will be ready in January 2018, instead of October 2017 he earlier announced. Udoma, represented by Aso Vakporoye, the Deputy Director, Economic Growth in the Ministry, spoke in Abuja on Wednesday during the public presentation […]
Read More Despite zero release, so far, for capital expenditure this year, the Federal Government yesterday projected a budget of ₦7,939,307,110.56 for the 2018 fiscal year. The Minister of Budget and National Planning, Senator Udoma Udo Udoma, unveiled the projections in Abuja at a forum witnessed by civil society organisations, media, organised private sector and the general […]
Read More The Federal Government has set average growth rate target of 8.5 per cent to 10.6 per cent for the manufacturing sector over the next four years under the Economic Recovery and Growth Plan, ERGP. Minister of Budget and National Planning, Sen. Udoma Udo Udoma, disclosed this while addressing industrialists during the 60th annual general meeting […]
Read More Minister of Budget and National Planning, Senator Udoma Udo Udoma, has said that the Federal Government will not jettison its plan to borrow the sum of ₦2 trillion to finance the 2017 Budget despite Nigeria’s local and foreign debt currently standing at ₦19 trillion. Speaking to newsmen after appearing before the National Working Committee of […]
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The Federal Government is expected to release ₦350 billion to Ministries, Department and Agencies ( MDAs) for towards execution of capital projects under the 2017 budget, Minister of Finance, Mrs. Kemi Adeosun has said. Speaking during an interactive session that preceded the official public presentation of 2017 Appropriation Act organized by the Budget Office and […]
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