Fiscal Responsibility Act

Senate Awaits MTEF, 2025 Budget as Tinubu Nears Return from Overseas Trip

Oct 19, 2024. by Ekohot Editor

The Senate has announced that the Federal Government is expected to submit the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) once President Bola Tinubu returns from his overseas trip. The MTEF is a key legal document that sets the budgetary guidelines for the nation and is traditionally submitted to the parliament before … Read more

N77 Trillion Debt: Buhari’s Government And The 2023 ‘Budget Of Deficit’

Jan 23, 2023.Jan 23, 2023. by Philip Ibitoye

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