NECO, UI, 22 Other MDAs Face 2025 Budget Exclusion for Failing to Account for Funds

Reps Push For 5% Levy On Petrol

The Public Accounts Committee of the House of Representatives has recommended excluding the National Examination Council, University of Ibadan, Federal Ministry of Labour and Employment,  21 other Ministries, Departments, and Agencies (MDAs) from the 2025 budget. EKO HOT BLOG reports that this recommendation follows the repeated failure of these MDAs to provide accountability for previous … Read more

Be Ready to Defend 2025 Budget Allocations – Akpabio Tells Ministers

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

Tinubu Set to Present 2025 Budget to National Assembly, Pushes for Jan-Dec Cycle

Senate 2025 Budget

President Bola Tinubu is expected to present the 2025 budget proposal, recently approved by the Federal Executive Council (FEC), to the National Assembly today, Friday, November 15. The federal government has proposed ₦47.9 trillion for the 2025 fiscal year, including ₦9.22 trillion in new borrowing, which was approved during the FEC meeting on Thursday at … Read more

2024 Appropriation Bill Passes Second Reading At House of Reps

2024 Appropriation Bill

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