Budget Archives — Page 2 of 7 — City Business News

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...

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...