Budget Archives — Page 4 of 6 — City Business News

November 24, 2020 No Responses

Bayelsa Bemoans Drop In Federal Allocation

The Bayelsa Government on Monday lamented the decline in revenues accruing from the Federation account while announcing its income and expenditure profile for the months of August, September and October 2020. Presenting a breakdown of the figures for the three...

November 11, 2020 No Responses

Edo Budgets N153.4b For 2021

The Edo State Governor, Mr. Godwin Obaseki, has presented a N153.4 billion budget proposal to the Edo State House of Assembly, for the 2021 fiscal year, representing a 9.7 percent increase from the revised 2020 budget. Obaseki, who presented the...

November 7, 2020 No Responses

Transport Minister Proposes N205b Budget For 2021

The Minister of Transportation, Rotimi Amaechi has proposed N205 billion as capital budget for 2021 to enable the ministry make significant progress on all its ongoing projects. Amaechi in a statement during his presentation bef...

November 7, 2020 No Responses

WAEC Explains N1.5b Budget For 2020 WASSCE

The West Africa Examinations Council (WAEC), said it spent over N1.5 billion to conduct the 2020 West African Senior School Certificate Examinations (WASSCE). Head, WAEC National Office in Nigeria, Mr Areghan Patrick, disclosed this on Friday in Ab...

October 9, 2020 No Responses

Experts Laud Early Submission of 2021 budget Proposal

Financial experts on Thursday commended President Muhammadu Buhari for the early submission of the 2021 budget proposal and called for prompt passage. The experts also called for strict implementation, after its passage. They spoke in separate interviews with ...

October 1, 2020 No Responses

Reps Approve N13.08tri Expenditures, $40 Oil Price Benchmark For 2021

The House of Representatives has approved the Medium Term Expenditure Framework (MTEF), the Fiscal Strategy Paper (FSP), and put the total government proposed 2021 expenditure at N13.08 trillion. This followed a unanimous adoption of a report presented by the ...

September 29, 2020 No Responses

Water Projects Gulp N18.80b In Katsina

Katsina State Government has spent the sum of N18,798,640,116. 83 on the provision of portable drinking water in urban areas of the state since the inception of the administration of Governor Aminu Masari in 2015. The State Commissioner for Wa...

July 10, 2020 No Responses

Buhari Directs Release Of 50% Of Capital Expenditure, Signs N10.8tr Revised 2020 Budget

President Muhammadu Buhari has signed into law the revised N10.8 trillion 2020 budget, and directed the release of at least 50 per cent of the approved 2020 revised capital expenditure to Ministries, Departments and Agencies (MDAs). The News Agency of...

June 16, 2020 No Responses

Kano To Reduce 2020 Budget By 30 Per Cent

The Kano State Government will reduce 2020 Budget by 30 per cent, Governor. Abduallahi Ganduje has said Ganduje made this known during at an interactive session with Journalists on Monday at the Government House, Kano. He explained that the reduction...

June 6, 2020 No Responses

Seaport Adopts $1.5b Budget For 2020/21

The Port of Los Angeles, North America’s leading container seaport, has adopted a $1.5 billion budget for Fiscal Year 2020/21. The port said the budget was based on expectations of slower cargo volumes in the near term and a continued...

April 29, 2020 No Responses

Akwa Ibom Reviews 2020 Budget

The Akwa Ibom Government has reviewed its 2020 budget downward in line with the current economic realities occasioned by the impact of the coronavirus pandemic ravaging the world. This was one of the decisions taken at the end of the...

April 23, 2020 No Responses

Kogi Slashes 2020 Budget By N74b

The Kogi State Executive Council has slashed the state’s 2020 budget from N176 billion to N102 billion. A statement issued at the end of the council’s weekly meeting in Lokoja on Wednesday said that the budget was slashed by N74...

March 19, 2020 No Responses

Nigeria Suspends Recruitment

As part of measures to address the impacts of Coronavirus on Nigerian economy, the Federal Executive Council (FEC) on Wednesday approved reduction in the size of the 2020 budget by about N1.5 trillion The Minister of Finance, Budget and National...

February 17, 2020 No Responses

SEC Nigeria Photo News

Left to Right: Dr. Suleyman Abdul Ndanusa, Seminar Chairman/ CEO, Global Mandate Consulting Ltd; Mr Bola Onadele-Koko, Chief Executive Officer, FMDQ Group; and Mary Uduk, Ag. Director General, Securities and Exchange Commission (SEC); at the SEC’s Budget Sem...