BREAKING: Sanwo-Olu To Scrap Pension For Ex-Govs, Deputies

Governor of Lagos State, Babajide Sanwo-Olu on Tuesday announced his intention to put a stop to Public Office Holder (Payment of Pension Law 2007), which provides for payment of pension and other entitlements to former Governors and their Deputies. He made this known while presenting the 2021 budget to the Lagos State House of Assembly … Read more

Nigeria’s Debt May Increase From N6trn in 2021 — to hit N38trn, Says FG

Budget

Zainab Ahmed, the minister of finance, budget and national planning, has projected that Nigeria’s debt profile would hit N38.68 trillion by December 2021. Speaking when she appeared before the senate committee on local and foreign debts on Tuesday, Ahmed estimated that both external and domestic debt would rise to N32.51 trillion by December 2020. According … Read more

Gbajabiamila Gives Condition To Sign Off On 2021 Budget

Gbajabiamila

Femi Gbajabiamila, said he would not endorse the 2021 budget if it failed to make provision for compensation for victims of violence and brutality at the hands of the police  The House of Representatives Speaker, Femi Gbajabiamila, on Tuesday said he would not endorse the 2021 budget if it failed to make provision for compensation … Read more

Budget: 2021 Appropriation Bill Passes Second Reading

Senate

The 2021 N13.08 trillion budget scaled second reading on Wednesday. The appropriations bill was read for the second time in the House of Representatives, following two days of discourse on the general composition of the bill. The bill crosses first hurdle as members used two days to discuss some of the merits and demerits of … Read more

FG Okays N9.2bn For NASS Renovation, Presidential Fleet Gets N12bn

President Muhammadu Buhari

The Federal Government has retained the N9.2bn budget for the renovation of the National Assembly complex. This is according to the 2021 budget proposal presented to the National Assembly on Thursday by the President, Major General Muhammadu Buhari (retd.). The project, which is being implemented by the Federal Capital Territory Administration, was tagged as an … Read more

Buhari Gives Time Frame For Completion Of Second Niger Bridge

President Muhammadu Buhari has made known his desire to see through the completion and commissioning of second Niger Bridge before he leaves office in 2023. Buhari made this known when he appeared before a joint assembly of the senate and house of representatives, to present the 2021 budget. He disclosed that the bridge has reached … Read more

BREAKING: Buhari Arrives NASS for 2021 Budget Presentation

October 08, 2020 Nigeria President, Muhammadu Buhari, has arrived the National Assembly for presentation of the 2021 budget. According to reports, President Buhari arrived at exactly 11:03am through the lower entrance of the zero floor. It was the first time the President came through the entrance having always entered the Chamber through the basement. Details … Read more