Nigeria Budget Archives — City Business News

December 31, 2023 No Responses

National Assembly Passes N28.7trillion 2024 Budget

The National Assembly on Saturday passed the 2024 Appropriation Bill, increasing the sum to ₦28.7 trillion from the initial ₦27.5 trillion presented by President Bola Tinubu late November. The lawmakers in the Senate and the House of Representatives passed the...

December 6, 2023 No Responses

Edo Budgets N325.3b For 2024

The Edo State Governor, Mr. Godwin Obaseki, on Tuesday, presented a N325.3bn budget to the Edo State House of Assembly, for the 2024 fiscal year, which is a slight increase from the N320bn budgeted for the year 2023. Obaseki, who...

November 10, 2023 No Responses

Osun Budgets N273.9b For 2024

Osun State governor, Ademola Adeleke on Thursday, presented N273.9 billion 2024 Appropriation bill to the state House of Assembly. The Governor explained that the “Budget of Reconstruction and Recovery” is divided into a Recurrent Expenditu...

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...

April 5, 2022 No Responses

Senate Extends 2021 Budget Implementation To May 31

The Senate has extended the implementation of 2021 budget from March 31 to May 31.This followed the consideration of a bill to Amend the 2021 Appropriation Act. The Senate before considering the bill suspended Rule 78(1) of the Senate Standing...

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...

October 27, 2021 No Responses

Bayelsa To Borrow N43.57b As Debt Hits N169b

The Bayelsa State Government plans to borrow N43.57 billion to augment the N310.7 billion proposed for the 2022 fiscal year as the state’s debt profile hits N169 billion. The borrowing plan is contained in the 2022 Appropriation Bill of the...

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. ...

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 ...

December 30, 2020 No Responses

Lagos Assembly Passes N1.163tri 2021 Budget

The Lagos State House of Assembly on Tuesday passed the 2021 Appropriation Bill of N1.163 trillion, seven weeks after the budget was presented to the Assembly by Gov. Babajide Sanwo-Olu. The House passed the budget after the report of the...

December 17, 2020 No Responses

Imo Budgets N346b For 2021

Governor Hope Uzodimma of Imo State on Wednesday presented a N346.16 billion budget for the 2021 fiscal year to the state House of Assembly. The budget titled “Budget of Wealth Creation” is made up of N74.66 billion recurrent expenditure and...

December 11, 2020 No Responses

Sokoto Budgets N176.7b For 2021

Governor of Sokoto State, Aminu Tambuwal on Thursday presented N176.7 billion as proposed budget for 2021 fiscal year to the state House of Assembly for approval. Tambuwal said that the Appropriation bill included a capital expenditure of N95....

December 9, 2020 No Responses

A’Ibom Budgets N456.26b For 2021

The Akwa Ibom House of Assembly on Tuesday passed the 2021 Appropriation Bill of N456.25 billion. The 2021 budget as passed by the assembly is made up of N164.52 billion recurrent expenditure, N241.45 billion for capital expenditure and N50.29 billion...