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Tag Archives: Budget

Buhari presents 2018 budget to N’Assembly Tuesday

President Muhammadu Buhari will on Tuesday (November 7) present the 2018 Appropriation Bill to a joint session of the National Assembly. The 2018 budget proposal presentation is scheduled to hold at 2pm. The Federal Government plans to spend about N8.6tn next year, a jump of about 15 per cent from …

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FEC approves 2018 budget proposal

The federal executive council (FEC) has approved the draft for the 2018 budget proposal. Udo Udoma, minister of budget and national planning, said this on Thursday while addressing state house correspondents after the FEC meeting in Abuja. He said FEC will liaise with the national assembly on when President Muhammadu …

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Babatunde Fashola raises alarm over budget alteration by NASS

Babatunde Fashola, the Minister of Power, Works and Housing, has raised alarm over the insertion of projects outside the purview of his ministry in the 2017 Appropriation Act by the National Assembly. Fashola, a senior advocate, said it was unfair to the Executive arm for the inclusion of such projects …

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Yemi Osinbajo signs 2017 Appropriation Bill into law

Acting President Yemi Osinbajo at 4.40pm today signed the 2017 Appropriation Bill into law. is N7.441 billion, of which N2.1 trillion will be allocated to capital expenditure, On signing the 2017 Budget christened ‘Budget of Economic Recovery and Growth’, Mr Osinbajo said that “the bleakness of recession is about to …

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Yemi Osinbajo to sign 2017 budget into law next week

Nigeria’s presidency is expected to sign the 2017 Appropriations Bill into law next week, Speaker of the House of Representatives Yakubu Dogara confirmed to colleagues on Friday (June 9) while speaking at plenary marking two years of the 8th House of Reps. “On issue of Budget, we kept our promise …

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FG Postpones 2017 Budget Signing Indefinitely

President Buhari presents budget

Senator Ita Enang, the Special Assistant to the President on National Assembly (Senate), on Wednesday night said the signing of the 2017 budget will not hold, contrary to earlier reports that the budget will be signed on Thursday (June 1) by Acting President Yemi Osinbajo. Enang, who disclosed this development …

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Acting President Osinbajo receives 2017 budget

Acting President Yemi Osinbajo has received the details of the 2017 appropriation bill recently passed by the National Assembly. The National Assembly passed a N7.441 trillion budget last week. The document was handed over to Mr. Osinbajo by the presidential aide in charge of Senate, Ita Enang. The handover was …

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