Budget – Page 3 – City Business News

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 Export Promotion Council (NEPC), Osinbajo...

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...

October 26, 2021 No Responses

Akwa Ibom Budgets ₦582.12b For 2022

Akwa Ibom State Governor, Udom Emmanuel on Monday presented to the state House of Assembly a proposed budget of N582.115 billion for the 2022 Financial Year. . Christened “Budget of re-defining Standards,” the Appropriation Bill comprised of N26...

October 13, 2021 No Responses

Kano Sends N33.8b Supplementary Budget To Assembly

Kano State Governor, Abdullahi Ganduje has sent a N33. 8 billion 2021 supplementary budget to the House of Assembly for deliberation and subsequent approval. His request was read at plenary in Kano on Tuesday, by the Speaker, Alhaji Hamisu Chidari. ...

September 8, 2021 No Responses

Kwara’s N169 b Supplementary Budget Passes Second Reading

Kwara’s 2021 supplementary appropriation bill of N169 billion passed the second reading at the state House of Assembly on Tuesday. The News Agency of Nigeria NAN reports that the executive bill, presented by Gov. AbdulRahman AbfulRasaq, is seeking an u...

August 23, 2021 No Responses

MTN Nigeria Budgets N600b For Network Infrastructure

As part of measures to improve telecommunications services, MTN Nigeria Communications has concluded plans to invest more than N600bn in network infrastructure over the next three years. Chairman of MTN Nigeria Communications, Dr Ernest Ndukwe, disclosed ...

August 19, 2021 No Responses

School Feeding Programme Gulps N1.8b In Ondo

The Federal Government has spent over N1.8 billion on the National Home Grown School Feeding Programme (NHGSFP) in Ondo State in the last three years. A statement issued on Wednesday by Mrs Nneka Anibeze, the Special Assistant on Media to the...

August 18, 2021 No Responses

Makinde Seeks N50b Supplementary Budget For Ibadan Airport Project, Others

Oyo State Governor, Seyi Makinde on Tuesday sought the consideration and approval of the state House of Assembly for a supplementary budget of N50 billion. In a letter sent to the House of Assembly in Ibadan, and read by the Speaker,...

July 27, 2021 No Responses

Buhari Signs N982.7b Supplementary Budget Into Law

President Muhammadu Buhari on Monday signed the N982.7 billion supplementary budget for 2021 into law. The Presidency presented the budget to the National Assembly to address urgent security and COVID-19 needs of the nation. Malam Garba Shehu, the ...

July 4, 2021 No Responses

Gynecologist Advocates More Budgetary Allocation For Family Planning

Prof. Christopher Aimakhu, Secretary General, Society of Gynecologists and Obstetrics of Nigeria (SOGON), has advocated for increased budgetary allocation to boost family planning services in the country. Aimakhu stated this on Saturday in his presentati...

April 22, 2021 No Responses

Senate Approves Buhari’s $1.5b, €995m External Loan Requests

The Senate on Wednesday approved $1.5billion and €995million external loan requests From President Mohammadu Buhari. The approval was sequel to the consideration of the report of the Senate Committee on Local and Foreign Debts presented by its Chairman...