Budget Archives — City Business News

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, Senator Kenneth Eze,...

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...

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...