Budget Archives — City Business News

November 11, 2024 No Responses

Delta Budgets N936b For 2025

Delta State Executive Council, (EXCO), Monday, approved a proposed budget of N936 billion for the 2025 fiscal year.Briefing Journalists after the Exco meeting presided over by Governor Sheriff Oborevwori, the State Commissioner for Economic Planning, Mr Sonny Ekedayen, said the...

November 9, 2024 No Responses

Kano Budgets N549b For 2025

Kano State Governor, Abba Yusuf, on Friday, presented a proposed 2025 budget worth N549,160,417,663.00 billion to the state house of assembly. According to the Governor, the priorities of his administration for 2025 are human capital and infrastructural develo...

October 29, 2024 No Responses

Ekiti Budgets N375b For 2025

Ekiti State Governor, Biodun Oyebanji on Tuesday, October 29, 2024 presented a budget estimate of N375,790,077,618.15.Presenting the Appropriation Bill before members of the Ekiti State House of Assembly at the Assembly Complex, Ado- Ekiti, Oyebanji explained ...

October 9, 2024 No Responses

Senate T0 FG: Increase Allocation To Varsities In 2025 Budget

As part of measures to tackle problems of Nigerian universities, the Senate has asked the Federal Government to increase budgetary allocation to federal universities in the 2025 budget. The lawmakers also resolved to mandate the relevant committee or sena...

September 25, 2024 No Responses

NDDC To Regularise Budget Cycle, Inaugurates 2025 Budget Committee

The Niger Delta Development Commission, NDDC, is to regularise its budget cycle to align with the national budget, as it inaugurates 18-member 2025 Budget Committee to prepare its budget proposals. Addressing members of the committee during the inaugurat...

July 11, 2024 No Responses

NDDC Pledges To Accelerate Development With 2024 Budget

The Niger Delta Development Commission, NDDC, has promised that the early approval of the Commission’s 2024 budget will help to fast-track the development and socio-economic transformation of the Niger Delta region.The NDDC Managing Director, Dr Samuel Ogbuk...

February 16, 2024 No Responses

Senate Passes N5.079trn 2024 Customs Budget

The Senate on Thursday, February 15, passed the sum of N5.079 trillion as the 2024 budget for the Nigeria Customs Service (NCS). The approval followed the adoption of recommendations of the Senate Committee on Customs, Excise, and Tariffs at plenary....

February 1, 2024 No Responses

Reps Committee Approves N706.67b As NCS 2024 Budget

The House of Representatives Committee on Customs and Excise has approved N706.67 billion as the Nigerian Customs Service (NCS) budget for its 2024 operations. Rep. Leke Abejide (ADC-Kogi), the Chairman of the Committee, stated this after a budget defence sess...

January 2, 2024 No Responses

Tinubu Signs N28.7 trillion 2024 Budget Into Law

President Bola Ahmed Tinubu has signed the 2024 Appropriation Bill into law in keeping with his avowed commitment to maintaining a timeous, predictable, and efficient budget cycle. President Tinubu assented to the bill at the State House, on Monday, shor...

December 26, 2023 No Responses

Experts Laud Lagos Govt On Economy, Budget

Lagos State government has been commended for its efforts on the economy and the 78 percent performance of the year 2023 Budget as of September. Business experts and economists gave the commendation at a Round Table organised by the Economic...

November 30, 2023 No Responses

Delta Budgets N714.4b For 2024

Delta State Governor, Sheriff Oborevwori on Wednesday presented a budget of N714.4 billion for 2024 to the State House of Assembly for approval. Presenting the budget tagged ”Budget of Hope and Optimism”, Oborevwori said it was made up of N316.6 billi...

October 31, 2023 No Responses

FEC Approves N2.1tri Supplementary Budget For 2023

The Federal Executive Council (FEC) has approved the supplementary budget of over N2 trillion for the year 2023, the second this year. The council granted the approval on Monday during its weekly meeting presided over by President Bola Tinubu. This...

October 17, 2023 No Responses

FG Proposes N26.01tri For 2024 Fiscal Year

The Federal Government has proposed the sum of N26.01 trillion for the 2024 appropriation based on oil price benchmark of $73.96 and 21 per cent interest rate. Minister of Budget and Economic Planning, Atiku Bagudu, disclosed this to State House...

April 26, 2023 No Responses

NCC Reacts To Alleged N17b Deficit In 2021 Budget

The Nigerian Communications Commission (NCC) has denied incurring a deficit of N17 billion by allegedly spending N35.2 billion on personnel costs and consultancy fees. In a statement on Tuesday, NCC’s Director, Public Affairs, Dr Reuben Muoka, explaine...