Budgets Archives — City Business News

November 22, 2024 No Responses

Lagos Budgets ₦3tri For 2025

Lagos State Governor, Babajide Sanwo-Olu has presented the sum of ₦3.005 trillion before the state House of Assembly as a proposed budget for the year 2025. Briefing the lawmakers on Thursday in Alausa, Sanwo-Olu emphasised the budget’s focus on infrastructural...

November 17, 2022 No Responses

Edo Budgets N320.35b For 2023

The Edo State Governor, Mr. Godwin Obaseki, on Wednesday, presented a N320.35bn budget to the Edo State House of Assembly for the 2023 fiscal year, representing a 44.3 percent increase from the N222bn budgeted for the year 2022. Obaseki, who pr...

March 4, 2022 No Responses

Ford Budgets $50b For Electric Vehicles In Three Years

Ford Motor Company is to increase its electric vehicle (EV) investment to $50 billion through 2026, up from the previous $30 billion investment till 2025.The automaker aims to produce more than 2 million electric vehicles annually by 2026, representing ab...

November 10, 2021 No Responses

FG Budgets N250b For Autogas Vehicle Conversion

As part of efforts to ensure that the autogas conversion of vehicles yielded the desired results, the Federal Government says it has set aside N250 billion for willing investors in autogas assembly plants in the country. The Minister of State...

July 30, 2021 No Responses

Kano Budgets N2.5bn For Dala Inland Dry Port

Kano State Government is to spend N2.5 billion on infrastructural facilities at the Dala Inland Dry Port. The State Governor, Abdullahi Ganduje made the disclosure on Thursday at the opening ceremony of the 2021 Gas Sector Stakeholders (AKK) F...

December 18, 2019 No Responses

Rivers Budgets N530b For 2020

Governor Nyesom Wike of Rivers on Tuesday presented a budget of N530 billion for 2020 to the state House of Assembly.During the presentation, the governor said the budget tagged “Budget of Reassurance” would focus on driving infrastructure and speeding g...