…the presidential spokesman dismissed reports of a crisis between his principal and the federal lawmakers. EKO HOT BLOG reports that President Muhammadu Buhari will not hamper the implementation of the 2022 budget despite the numerous changes made by the National Assembly. This is according to a statement issued by the Senior Special Assistant to the … Read more
Speech by President Muhammadu Buhari at the signing into law of the 2022 Appropriation Bill and the 2021 Finance Bill on Friday at the Presidential Villa in Abuja. PROTOCOLS I am delighted to sign into law today the 2022 Appropriation Bill as well as the enabling 2021 Finance Bill. I would like to thank the … Read more
Abia Assembly passes 2022 Appropriation Bill into law EKO HOT BLOG reports that the Abia State 2022 Appropriation Bill was signed into law by the State House of Assembly. The bill was passed after the Chairman of the House Committee on Appropriations, Hon Kennedy Njoku, presented his report to make provision for the appropriation of … Read more
The National Assembly, during the week, passed the 2022 appropriation bill after increasing it by raising the oil benchmark EKO HOT BLOG reports that Senate President Ahmed Lawan has said that the recently-passed 2022 appropriation bill of ₦17.13tn will be transmitted to President Muhammadu Buhari by next week for signing. Lawan, who was accompanied by … Read more
President Muhammadu Buhari had on Thursday last week presented a ₦16.39 trillion budget proposal for the 2022 fiscal year The Senate, on Wednesday, passed the 2022 Appropriation Bill for second reading after over one hour of debate on its general principles. President Muhammadu Buhari had on Thursday last week presented a ₦16.39 trillion budget proposal … Read more
The ongoing construction of the presidential wing in the State House Medical Centre is expected to gulp ₦21,974,763,310. The Presidency is seeking to spend a sum of ₦5.231,101,743 for general rehabilitation and repair of fixed assets in Aso Villa, Abuja. This was contained in the 2022 Appropriation Bill submitted to a joint session of the … Read more
Recall that the minister had said Nigeria will fund its 2022 budget deficit, pegged at ₦6.258 trillion, through fresh borrowings Minister of Finance, Budget and National Planning, Zainab Ahmed has again backed recent borrowings by the Federal Government, maintaining that they were instrumental to the country’s exit from economic recession. Ms. Ahmed stated this on … Read more
There was heavy security at National Assembly on Thursday as federal lawmakers waited for President Buhari to present the 2022 Budget. EKOHOTBLOG reports that there was a heavy presence of security operatives at the National Assembly Complex in Abuja in the early hours of Thursday as President Muhammadu Buhari presents the 2022 Appropriation Bill … Read more
President Buhari will on Thursday present the 2022 Budget to the National Assembly. EKOHOTBLOG reports that President Muhammadu Buhari will on Thursday, October 7, 2021, present the 2022 Appropriation Bill before the National Assembly. The latest development was disclosed by the Deputy President of the Senate, Ovie Omo-Agege, at the plenary on Tuesday. Omo-Agege, who presided over … Read more