President Bola Ahmed Tinubu is currently presiding over a Federal Executive Council (FEC) meeting at the Council Chamber of the Presidential Villa in Abuja. EKO HOT BLOG reports that reliable sources indicate that today’s meeting may be the final session for the year, with discussions expected to include preparations for the presentation of the 2025 … Read more
The National Assembly has delayed sending the minimum wage bill to President Bola Tinubu, now expected by Monday, due to pending money bills. EKO HOT BLOG reports that the National Assembly has delayed the transmission of the minimum wage bill, which may now be sent to President Bola Tinubu by Monday. The bill, which underwent second … Read more
EKO HOT BLOG reports that the 2024 appropriation bill has scaled second reading in the House of Representatives. This comes two days after deliberation on the bill by lawmakers. Some lawmakers were concerned about the plan of the government to generate revenue from heavy tax, fearing that it would greatly affect importers. EDITOR’S PICKS FG … Read more
The Lagos House of Assembly passed a budget of N1.768 trillion for the state on December 12, 2022. The budget, which covers the 2023 fiscal year, has a capital expenditure of N1.019 trillion, representing 58 per cent of the 2023 budget. The recurrent expenditure, representing 42 per cent, is N748 billion. Eko Hot Blog reports … Read more
Lagos State House of Assembly has conducted a second reading of the Appropriations Bill for 2023, recently introduced by Governor Babajide Sanwo-Olu. EkoHotBlog reports that the speaker of the House Mudashiru Obasa assigned the Bill to a joint committee on budget and finance after it passed the second reading with instructions to report back to … Read more
The Federal Capital Territory (FCT), Abuja’s N607.962 billion 2022 budget has been approved by the Senate for second reading. Eko Hot Blog reports that after multiple protests against the tardiness of the 2022 budget presentation, the appropriation measure was approved on Wednesday. EDITOR’S PICK JUST IN: Ethiopian Embassy Bans Visa On Arrival For Nigerians JUST … Read more
SANWO-OLU SIGNS 2022 APPROPRIATION BILL OF N1.758 TRILLIONS EKO HOT BLOG reports that Lagos State Governor, Mr. Babajide Sanwo-Olu on Friday signed the 2022 Appropriation Bill of N1.758 trillion christened ‘Budget of Consolidation’ into law. Governor Sanwo-Olu, while signing the Bill at the Lagos House, Ikeja, said that the capital expenditure stands at N1.166 … 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 Senate passed the 2022 budget during plenary on Wednesday last week… EKO HOT BLOG reports that President Muhammadu Buhari will sign the 2022 Appropriation Bill on Friday, the Presidency has confirmed. The Senior Special Assistant to the President on Media and Publicity, Garba Shehu, confirmed this on Tuesday in Abuja. According to him, the … Read more
This is coming barely one week after the Senate failed to pass the budget as promised EKO HOT BLOG reports that the Nigerian Senate, on Wednesday, passed the 2022 appropriation bill. President Muhammad Buhari had on the 7th October 2021, presented the budget estimates to the joint session of the National Assembly. The version of … Read more
Gov. AbdulRahman AbdulRasaq, Appropriation Bill Gov. AbdulRahman AbdulRasaq of Kwara, has presented an upward review of 2021 Appropriation bill from an initial N123 billion to N134.6 billion. The review was contained in the Governor’s message to the State House of Assembly read by the Speaker, Mr Yakubu Danladi, during a special plenary on Monday. According … Read more
Ogun, Appropriation Bill The Ogun House of Assembly, on Tuesday, passed the state’s 2021 Appropriation Bill of N338.6billion with slight adjustments in recurrent and capital expenditure. Mr Olakunle Sobukanla (APC -Ikenne), the Chairman, House Committee on Finance and Appropriation, had, during plenary in Abeokuta, presented the report of his committee on the budget before the … Read more
EKHA, 2021 Appropriation Bill The Ekiti State House of Assembly has unanimously passed the 2021 budget appropriation of more than N109.6 billion, the News Agency of Nigeria (NAN) reports. The passage followed the submission of the report of the House Committee on Finance and Appropriation by its Chairman, Mrs Olubunmi Adelugba (APC – Gbonyin) at … Read more
President Muhammadu Buhari has signed the N243.37 billion Federal Capital Territory Appropriation Bill 2019, into law. The Senior Special Assistant to the President on National Assembly Matters (Senate), Ita Enang, disclosed this on Friday in Abuja. Mr Enang told State House correspondents that N130.7 billion of the amount is for capital expenditure while the remaining … Read more