The Director General of the Budget Office and others are facing a case in court over the alleged illegal dismissal of a staff member. The claimant is seeking N550 million in damages and an order to compel the defendants to pay all her salaries. The matter has been adjourned until July 17th for the adoption … Read more
The Budget Office of the Federation has warned about Nigeria’s limited borrowing space. The country already has a poor debt-to-revenue ratio, which may lead to financial crisis if exceeded. Despite having a low debt-to-GDP ratio, Nigeria’s debt service ratio is too high as revenue is too small to sustain its debt. EKO HOT BLOG reports … Read more
Buhari To Present 2023 Appropriation Bill In September EKO HOT BLOG reports that President Muhammadu Buhari is expected to present the 2023 appropriation to the National Assembly next month. The Director General, Budget Office of the Federation, Ben Akabueze, made this known on in Abuja at training on budget preparation using the Government … Read more