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
Disagreements emerged among National Assembly members on Monday over President Bola Tinubu’s requests for foreign loans, despite significant revenue surpluses reported by federal agencies for the 2024 fiscal year. The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, revealed during an interactive session with the National Assembly’s joint Committees on Finance, Budget, and … Read more
The Senate has announced that President Bola Tinubu is expected to present the 2025 budget to the National Assembly this week, as preparations intensify for the budget’s consideration. EKO HOT BLOG reports that Senate spokesperson Yemi Adaramodu (APC, Ekiti South) disclosed that the Finance Committee would meet with Ministries, Departments, and Agencies (MDAs) on Monday to … Read more
The Senate has approved President Bola Tinubu’s ₦1.77 trillion ($2.2b) loan request following a voice vote in favour of the proposal. The approval came after the Senate Committee on Local and Foreign Debts, led by Senator Wammako Magatarkada (APC, Sokoto North), presented its report. This loan request, submitted by the President on Tuesday, is part … Read more
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
President Bola Tinubu reappointed Bitrus Chinoko as the Director General of the Centre for Management Development (CMD) for a final term of four years. The reappointment was announced in a letter dated August 28, signed by the Minister for Budget and Economic Planning, Sen. Abubakar Bagudu. The letter stated, “Following your letter, CMD/DGO/ABJ/02/2024, I am … Read more
EKO HOT BLOG reports that the National Assembly gears up to finalize the N27.5 trillion 2024 budget as various government agencies complete their budget defence sessions. Senate Appropriations Chairman, Senator Adeola Solomon, expressed readiness to receive and evaluate sub-committee reports, aiming for a budget passage by Saturday EDITOR’S PICKS Appeal Court Dismisses Binani’s Case, Affirms Fintiri … Read more
New digital portal has been planned by the Lagos State Government for the MDAs EKO HOT BLOG reports that the Lagos State Government has disclosed its plans to open a new portal for the purpose of project management across the state’s Ministries, Departments and Agencies. The state Commissioner for Economic Planning and Budget, … Read more