The Senate President, Godswill Akpabio, has urged ministers and heads of federal government agencies to be ready to defend their respective allocations within the 2025 budget proposal. EKO HOT BLOG reports that Akpabio made this statement on Wednesday following President Bola Ahmed Tinubu’s presentation of the ₦47.9 trillion 2025 budget proposal to a joint session … Read more
Eko Hot Blog reports that the 10th Senate has increased the 2024 budget by a total of N1.2 trillion, moving the budget from N27.5 trillion to N28.7 trillion. According to the report submitted by the Appropriation Committee led by Senator Solomon Adeola, aggregate expenditure was pegged at N28,777,404.073.861; statutory transfers -N1,742,786,788,150; recurrent expenditure- N8,768.5330,852; capital … Read more
EKO HOT BLOG reports that the House of Representatives has initiated the critical process of budget defense for the fiscal year 2024, aiming to scrutinize and deliberate on key areas crucial for Nigeria’s economic progress. Under the leadership of James Faleke, the Committee on Finance will oversee this significant phase. Scheduled to appear before the committee … Read more
EKO HOT BLOG reports that on Wednesday, the Senate disclosed its intention to commence a recess beginning on Friday, December 1, as announced by Senate President Godswill Akpabio. This decision was communicated on the floor of the Red Chamber shortly after President Bola Tinubu presented the 2024 budget during a joint session of the National … Read more