Senate Passes 2020 Budget

The senate, on Thursday, passed the 2020 Appropriation bill after the adoption of the reports submitted by the Committees on Appropriation of both the Senate and the House of Representatives. Read Also: Breaking: Court Jails Kalu 12years For Fraud The senate however, raised the estimates by N260 billion to bring it to N10.59 trillion. The … Read more

Senate Recieves Report Of 2020 Budget

Insecurity: Senate Moves To Decentralise Police

The Chairman Senate Committee on Appropriation, Senator Jibrin Barau,has laid the report of the 2020 Appropriation Bill before the Senate. A motion to present the report was moved by the Chairman Senate Committee on Appropriations, Senator Jibrin Barau and seconded by Senator Bassey Albert Akpan. Senate President Ahmad Lawan commended the committee for presenting the … Read more

Gov.Sanwo-Olu Presents 2020 Budget To Lagos State Assembly

– Governor Babajide Sanwo- Olu presented 2020 Budget to Assembly – The Chief press secretary to Governor Babajide Sanwo-olu made this known on his twitter handle – Akosile gave a breakdown of the 2020 Proposed budget presented by Governor Sanwo-olu The Lagos State Governor, Babajide Sanwo-Olu has presented a proposed budget of N1.168 trillion to … Read more

PDP Reps Insist On Thorough Scrutiny Of 2020 Budget To Eliminate Budgetary Corruption

The opposition Peoples Democratic Party PDP caucus of the House of Representative has vowed to kick against any secret session on the review of the 2020 Appropriation Bill. The PDP representative noted that they would ensure they thoroughly scrutinized the budget to reflect the wishes of Nigerians adding that, it was important for them to … Read more

NASS Reveals N503m Additional Spending For INEC

The National Assembly Joint Committee on Independent National Electoral Commission (INEC) has raised alarm over the discovery of N503m additional spending for INEC. The committee disclosed that the discovery was made during the budget defence of INEC on Thursday in Abuja. Rep. Ibrahim Babangida from Katsina raised the issue when he asked the INEC Chairman … Read more

2020 Budget: Appropriation Committee Vows To Be Thorough

The Chairman, House Committee on Appropriation, Hon. Muktar Betara, has revealed that National Assembly would thoroughly review the 2020 budget to reflect the current economic realities. Betara stressed that it was necessary for the appropriation committee to thoroughly review the budget because of the demand on scare resources available at this time. He revealed this … Read more

2020 Budget: NASS Commence Joint Public Hearing

The National Assembly has commenced the joint hearing of 2020 Appropriation Bill presented by President Muhammadu Buhari at a joint session earlier this month. The joint hearing which involved both the Senate and House of Representative Committee on the 2020 Appropriations Bill was declared open by the President of the Senate, Senator Ahmad Lawan, on … Read more

Sen. Ndume Reveals NASS To Adjust Defence Budget

Ndume

The Chairman Senate Committee, Army, Senator Ali Ndume, has revealed that the National Assembly would adjust defence budget to meet the security reality of our time. Senator Ndume revealed this while addressing newsmen in Kaduna on Thursday, where he led a joint team on fact finding mission at an army formation in the state. He … Read more

Lawan Issues Deadline To MDAs For Budget Defence

The Senate President Ahmad Lawan, has issued a deadline to all government agencies for budget defence before the Senate Appropriation Committee. Lawan noted that it was imperative for all head of government agencies to appear before the Senate’s Appropriation committee to defend their ministry’s budget in order to fast tracked the passage the 2020 Appropriation … Read more

Senate President Urges Ministers, Others To Defend Budget Before End Of October

service chiefs, Lawan

– Senate President, Ahmed Lawan urges all ministers and head of agencies to defend their budget before end of October – Lawan said that any Minister or Head of Government Agency who failed to defend their budget by the end of October will not be given another opportunity to do so – He said that … Read more

Abaribe Says 2020 Budget Not Sustainable

– Senator Abaribe said that the 2020 budget presented by President Buhari was not sustainable – The budget was not sustainable because debt servicing was higher than capital expenditure – This is nothing but a budget of taxation The Senate Minority Leader, Eyinnaya Abaribe, has said that the 2020 budget President Muhammadu Buhari presented to … Read more

2020 Budget: Ex Aide To Jonathan Warns Buhari Against Chinese Loan

COVID-19: Gov. Sanwo-Olu Will Make A Better President In Crisis- Reno Omokri

– Reno Omokri warns Nigerian Government that China may take over national asset – They have done it to Sri Lanka, Maldives, Djibouti Kyrgyzstan & Laos. Buhari has enslaved us – Mind you, debt servicing is paying interest on the debt, not repaying the debt Aide to the Immediate Past President of the Federal Republic … Read more

2020 Budget Presentation: Akabueze Lauds President Buhari

– DG Budget Office, Ben Akabueze commends President Buhari for the Budget presentation,tagged” the Budget of Growth and Job Creation” – The budget is intended to drive growth; it is intended to expand the economy’s capacity to create jobs – The President is committed to take people out of poverty   Following the Presentation of … Read more

President Buhari Presents 2020 Budget to NASS

– President Muhammdu Buhari presents 2020 budget before joint session of the NASS – The Senate President Ahmed Lawan has assured that committees of both chambers of the National Assembly will conclude work on the 2020 budget estimate before the end of October – Lawan therefore,directed all Ministers and Heads of MDAs to appear before … Read more

FEC Approves N727b Increment On 2020 Budget

– The Federal executive Council has approved N727 billion added to the N10.2 trillion Medium Term Expenditure Framework (MTEF) – The FEC commended the National Assembly for the increment of the crude oil benchmark from $55 to $57 per barrel – FEC is happy with the National Assembly for increasing the benchmark to $57 per … Read more