Budget – City Business News

January 7, 2026 No Responses

Budget Office Explains Repeal, Re-enactment Of 2024, 2025 Appropriation Acts

By ebosele@hotmail.com. – The Budget Office of the Federation (BOF) has dismissed claims that the repeal and re-enactment of the 2024 and 2025 Appropriation Acts amounted to a constitutional breach or fiscal illegality, insisting that the process is firmly grounded...

December 30, 2025 No Responses

Kano Assembly Passes ₦1.47tri 2026 Budget

THE Kano State House of Assembly has passed the 2026 Appropriation Bill amounting to ₦1.477 trillion following its consideration during plenary.The passage of the bill followed its second reading and deliberations in the Committee of the Whole at a sitting.....

November 25, 2025 No Responses

Lagos Budgets ₦4.24tri For 2026

By ebosele@hotmail.com Governor Babajide Sanwo-Olu on Tuesday presented the 2026 Appropriation Bill to the Lagos State House of Assembly, describing it as a significant milestone and the final full-year budget of his administration.City Business News reports t...

November 13, 2025 No Responses

Bayelsa Budgets N998b For 2026

Governor of Bayelsa State, Senator Douye Diri, on Thursday, presented the state’s 2026 appropriation bill of N998,371,313,943.04 to the House of Assembly.Governor Diri said the proposal tagged: “Budget of Assured Prosperity II” would be funded through va...

September 14, 2025 No Responses

A’Ibom Okays ₦695b Supplementary Budget

The executive council of Akwa Ibom State has proposed a supplementary budget of ₦695 billion.The proposed budget comprised ₦125.66 billion for recurrent expenditure and ₦569.33 billion for capital expenditure.Meanwhile, the state Governor, Umo Eno has de...

June 25, 2025 No Responses

Reps Approve N1.132 Trillion Budget for NCS

The House of Representatives Committee on Customs and Excise has approved the sum of N1.132 trillion as the proposed 2025 budget of the Nigeria Customs Service (NCS), marking a significant step forward in the Service’s commitment to enhancing national revenu...

January 15, 2025 No Responses

Senate Rejects ₦8.9bn 2025 Budget For Information Ministry

The Senate Committee on Information and National Orientation has rejected the ₦8.9 billion allocation in the 2025 budget proposal to the Federal Ministry of Information and National Orientation, describing it as inadequate. The Chairman of the Committee, Sen...

January 14, 2025 No Responses

NASS Faults JAMB’s 2024 Budget Spending

The Senate and House of Representatives have resolved to remove the Joint Admissions and Matriculation Board (JAMB) from the Federal Government’s 2025 budget grant, citing concerns over the board’s financial management. Lawmakers argued on Monday that it i...

December 19, 2024 No Responses

Tinubu’s 2025 Budget Speech To NASS

In fulfilment of one of my constitutional duties and with unyielding commitment to rebuilding Nigeria towards ensuring that we remain steadfast on the journey to a prosperous future, I hereby present the 2025 Budget to the Joint Session of the...

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 ...

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...