Budget Archives — Page 2 of 7 — City Business News

December 29, 2022 No Responses

Senate Passes N21.8tri 2023 Budget

The Senate on Wednesday, passed the N21.8 trillion 2023 budget.This followed the adoption of the report of the Senate Committee on Appropriation at plenary.Presenting the report, the Chairman of the Committee, Sen. Jibrin Barau said that the commitee did a...

December 27, 2022 No Responses

CSOs Sue NDDC Over Budget Breakdown

Three civil society organisations (CSOs) have dragged the Niger Delta Development Commission (NDDC) to court over alleged failure to furnish them with its 2020 Budget breakdown in line with the provisions of the Freedom of Information (FoI) Act. The CSOs...

December 4, 2022 No Responses

Oyebanji Signs N21b Supplementary Budget

Ekiti State Governor, Mr Biodun Oyebanji, on Friday accented to the N21 billion supplementary budget duly passed by the state House of Assembly. With the development, the Appropriation for the 2022 fiscal year stands at N122,669,039,657.27, (one hundr...

November 15, 2022 No Responses

Reps Committee Faults NIWA’s 2023 Budget

The House of Representatives Committee on Inland Waterways has faulted the National Inland Waterways Authority (NIWA) 2023 budget. Speaking on Monday in Abuja at the budget defence of the authority, the Chairman of the Committee, Patrick Asadu alleged that the...

November 10, 2022 No Responses

Reps probe 115 MDAs Over Alleged N600b Extra-Budgetary Expenditures

The House of Representatives Committee on Public Accounts (PAC) has commenced a probe of how 115 Ministries, Departments and Agencies (MDAs) of Government incurred over N600billion extra-budgetary expenditures on Salary and wages. The Chairman of the commi...

November 10, 2022 No Responses

NPC Budgets N532.7b For 2023 Census

The National Population Commission (NPC) has budgeted N532.7billion for the conduct of the 2023 National Housing and Population Census in April 2023.Alhaji Nasir Kwarra, the Chairman, NPC, said this at the 2023 budget defence before the Senate Committee on Nat...

October 8, 2022 No Responses

2023:Buhari Presents N20.5trn Budget To Joint Session Of NASS

President Muhammadu Buhari, accompanied by Vice-President Yemi Osinbajo and other members of the Federal Executive Council on Friday presented the 2023 budget proposal to a joint session of the National Assembly (NASS). Buhari, who addressed the joint se...

August 30, 2022 No Responses

FG Plans To Spend N19.76tri In 2023

The Federal Government is proposing to spend N19.76 trillion in 2023. Minister of Finance, Budget and National Planning, Dr Zainab Ahmed, made the declaration in Abuja on Monday when she said the 2023 budget had a proposed deficit of N11.3...

May 22, 2022 No Responses

Zamfara Budgets N17.1b For COVID-19 Recovery Programme

Zamfara State Government has budgeted N17.1billion for COVID-19 action recovery and economic stimulus programme tagged, “Matawalle Vision 2023’’. Performing the formal inauguration of the project, Gov. Bello Matawalle said it was designed to address the ...

April 27, 2022 No Responses

Nigeria Budgets N50b To Position Export Oriented Businesses

The Federal Government has committed N50 billion toward positioning export-oriented businesses in Nigeria, Vice President Yemi Osinbajo, said on Tuesday in Abuja. Speaking at a two-day National Conference on Non-oil Export organised by the Nigerian...

January 2, 2022 No Responses

NACCIMA Harps On Effective Implementation Of 2022 Budget

Top priority should be given to the effective implementation of the 2022 budget, the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has said. According to Director-General, NACCIMA, Amb. Ayoola Olakanni,the effect...

December 2, 2021 No Responses

Edo Budgets N214.2b For 2022

The Edo State Governor, Mr. Godwin Obaseki, on Wednesday, presented a N214.2 billion budget to the Edo State House of Assembly, for the 2022 fiscal year, representing a 32.96 percent increase from the N161.1 budgeted for the year 2021. Obaseki, ...

November 5, 2021 No Responses

Enugu Assembly Approves N15b Loan Request From CBN

The Enugu State House of Assembly has approved a N15 billion loan request by the Enugu State Government from the Central Bank of Nigeria (CBN).The loan request was contained in a letter to the house read by the Speaker, Chief...

November 2, 2021 No Responses

NB Reports N309.2b Revenue, Budgets N3.23 For Interim Dividend

By Moses Ebosele, ebosele@hotmail.com — For the nine months ended September 30, 2021, the Board of Directors, Nigerian Breweries Plc (NB Plc) has approved an interim dividend of N3.23 billion payable to shareholders at 40k each per ordinary share of 4...