Eko Hot Blog reports that the Lagos State Ministry of Establishments and Training is scheduled to commence bilateral discussion with Ministries, Departments and Agencies (MDAs) on July 10, 2023, as part of the preparation for the 2024 Personnel Budget estimates. The Permanent Secretary of the Ministry, Mr. Olawale Musa, made the disclosure in a statement … Read more
The Coalition of Oodua Self-Determination Groups supports Tinubu’s decision to remove fuel subsidy and The group urges Nigerians to do the same, emphasizing that Nigeria cannot afford to continue budgeting trillions of naira on subsidy alone. They believe the funds allocated to subsidy can be better utilized to address various deficits and improve the quality … Read more
Starting a small business in Nigeria can be a daunting task, especially when you are working with a limited budget. However, with creativity and determination, it is possible to start a thriving business with just N50,000. In this article on Eko Hot Blog we would be looking at some tips on how to get started: EDITOR’S … Read more
Marketing is a crucial aspect of any business, but it can be tough to achieve success when you’re working with a limited budget. Fortunately, there are several ways to create an effective marketing strategy without breaking the bank. EDITOR’S PICK: 5 Unhealthy Habits That You Should Discard Right Away 4 Healthy Reasons Why You Should … Read more
Small business owners often face the challenge of growing their business on a tight budget. The good news is that there are several strategies that you can employ to grow your business without breaking the bank. EDITOR’S PICK: 5 Unhealthy Habits That You Should Discard Right Away 4 Healthy Reasons Why You Should Consume Oranges … Read more
The Lagos governor’s 2023 budget includes a provision to help private waste managers buy new evacuation trucks. The provision will provide low-interest loans to the private sector players. The Lagos government is also planning to empower recyclers in the state. Eko Hot Blog reports that Lagos State Governor, Babajide Sanwo-Olu, has concluded plans to help … Read more
FG has unveiled its 2050 agenda to reduce poverty drastically. The Minister of Finance presented the budget at the NEC meeting. The ministry plans to reduce poverty from 83 million affected people down to 2.1 million by 2050. EKO HOT BLOG reports that President Muhammadu Buhari-led government has unveiled ‘Agenda 2050’ to reduce Nigeria’s poverty … Read more
The Lagos governor, Babajide Sanwo-Olu, submitted a budget of N1.693 trillion to the Lagos State House of Assembly on October 27, 2022. The lawmakers approved an appropriation bill of 1.768 trillion on December 12, 2022. Sanwo-Olu signed the bill into law on January 27, 2023. Eko Hot Blog reports that the Lagos State Government has … 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
By Praise Ben With a flourish of his pen, President Muhammadu Buhari etched his signature onto the eighth and final appropriation bill presented to him by his government. The bill, however, had not come without controversy, as the National Assembly had sent him estimates that were deemed ‘unreconciled’ and ‘spurious.’ But undeterred by the strife, … Read more
According to analysis Buhari’s Govt has incurred over N40tn in Budget deficit EKO HOT BLOG reports that the total budget deficit under the Muhammadu Buhari-led government is set to hit N47.43tn. An analysis of the Federal Government’s data from the Budget Office of the Federation shows that deficit financing has risen by 370.54 percent from … Read more
FG has revealed that Nigeria‘s dept could hit N77 trillion by May. EKO HOT BLOG reports that the Director-General of the Debt Management Office (DMO), Patience Oniha, has predicted a high increase in the country’s debt before the end of the Muhammadu Buhari-led administration. The director-general made this known in Abuja on Wednesday during the … Read more
Lawan has revealed that the National Assembly is considering Buhari’s N22tn loan request. EKO HOT BLOG reports that the National Assembly is reconsidering President Muhammadu Buhari’s proposal to restructure the Federal Government’s outstanding Ways and Means of balance at the Central Bank of Nigeria. The Senate President, Ahmad Lawan, disclosed this on Tuesday after President … Read more
National Assembly has budgeted N850m for a failed constitution amendment. EKO HOT BLOG reports that the sum of N850 million has been allocated by the National Assembly for Constitution Amendment in the 2023 Budget. Lawmakers in the Senate and House of Representatives had recently increased the 2023 Budget by N1.3tn from the N20.5tn proposed by … Read more
The Senate has Buhari’s request to approve unapproved N23.7 trillion spending. Eko Hot Blog reports that the Nigerian Senate has suspended a request by President Muhammadu Buhari to approve N23.7 trillion spent without the approval of the National Assembly. EDITOR’S PICKS Lawmakers Disagree On Approval Of Buhari’s N23.7trn Extra-budgetary Spending 2023: Tinubu’s Camp, PDP G5 … Read more
Some lawmakers kicked against Buhari’s N23.7trn extra-budgetary spending. EKO HOT BLOG reports that there was a disagreement between lawmakers on Wednesday while deliberating over President Muhammadu Buhari’s request to approve N23.7 trillion in extra-budgetary spending. This online media platform understands that the plenary got rowdy after some senators reportedly kicked against the president’s request for … Read more
Ortom has signed N179.5bn 2023 budget for Benue State. EKO HOT BLOG reports that the Benue State governor, Samuel Ortom, has signed the N179.5 billion 2023 appropriation bill into law. The governor on Thursday at the new banquet hall in Government House in Makurdi the state capital appreciated the Assembly members for their approval, and … Read more
The finance minister has answered questions on alleged budget padding. Eko Hot Blog reports that the Minister of Finance, Zainab Ahmed, appeared before the Nigerian Senate on Monday, and clarified a budget padding allegation. EDITOR’S PICKS My Age, Academic Records Have Been Consistent – Tinubu Atiku Endorsement: “I Didn’t Know You Had Amnesia” – Dogara … Read more
The Senate has summoned the finance minister over an unexpected N206 billion in the 2023 budget. Eko Hot Blog reports that the Senate Committee on Special Duties has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed. EDITOR’S PICKS Ekiti Assembly Impeaches Speaker, Elects Replacement LASUSTECH Clears The Air On Purported Release Of … Read more
Lawan has said the Senate will pass the 2023 budget before the end of December. Eko Hot Blog reports that the President of the Senate, Senator Ahmad Lawan, has disclosed that the National Assembly will pass the 2023 Appropriation Bill into law before the end of December. EDITOR’S PICKS Tight Security At NASS As Buhari … Read more