Budget Archives — Page 5 of 7 — City Business News

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...

November 16, 2019 No Responses

Kano Budgets N30b For Health Sector In 2020

The Kano State Government allocated over N30 billion to the health sector in its 2020 budget proposal presented recently to the State House of Assembly for approval. In a chat with Journalists after he appeared before the Assembly to defend...

November 16, 2019 No Responses

Volkswagen Budgets $66b For Future Car Models

Volkswagen is to plough 60 billion euros ($66 billion) by 2024 into its switch to electric, hybrid and connected vehicles, as automakers around the world rev up electrification plans. The company explained on Friday that the sum is an increase...

November 14, 2019 No Responses

Edo Budgets N177b For 2020

Governor Godwin Obaseki of Edo on Wednesday presented a budget of N177 billion for 2020 to the state House of Assembly for approval. The budget is 3.34 per cent higher than the 2019 figure of N175 billion. The budget has...

October 13, 2019 No Responses

Kaduna Proposes N245.4b Budget For 2020

The Kaduna State Government, on Saturday, at a town hall meeting, said it had prepared a budget of N245.4 billion for the 2020 fiscal year. News Agency of Nigeria (NAN) reports that the town hall meeting was held at Gen....

September 28, 2019 No Responses

Lawan Seeks Legislation For Budget Cycle

President of the Senate, Ahmad Lawan, has underscored the need to have a budget reform that will include a law on timeliness in budget passing.“We can reform our budget cycle if there is a law on timeliness for budget passing,”...

September 11, 2019 No Responses

Nigerian Proposes N9.79t Budget For 2020

The Nigerian Government will propose to the National Assembly about N9.79 trillion as total expenditure in the 2020 budget, the Minister of Finance, Budget and National Planning, Zainab Ahmed, has said. Mrs Ahmed announced this on Tuesday in Abuja at...

July 31, 2019 No Responses

Senate Seeks Return of Budget Cycle To Jan/Dec

The President of the Senate, Ahmad Lawan said on Tuesday that the desire of the ninth Senate and indeed the National Assembly is to have the budget cycle return to January to December. Lawan spoke shortly before the Senate adjourned...

January 3, 2019 No Responses

2019: Lagos Budgets N852.317b

Lagos State Government has send an appropriation Bill of N852.317 billion to the House of Assembly for consideration and approval. The estimate is N194b less to last year’s N1.046 trillion. The Commissioner for Budget & Economic Planning, Mr....