Buhari Proposes N16.3trn Budget For 2022   President Muhammadu Buhari has presented N16.39 trillion as the 2022 budget proposal before a joint session of the National Assembly. The oil benchmark for the 2022 appropriation is $57 per barrel, while the exchange rate is N410.5 per dollar in...

2022 Budget Speech By President Buhari Budget of Economic Growth and Sustainability Delivered By: His Excellency, President Muhammadu Buhari President, Federal Republic of Nigeria At the Joint Session of the National Assembly, Abuja Thursday, October 7, 2021 PROTOCOLS 1. It is my great pleasure to be here once again to present the...

MDAs Must Generate N1trn Annually To Fund Budget - Lawan   Senate President Ahmad Lawan, yesterday, said the National Assembly would henceforth mount more pressure on revenue-generating agencies to ensure that they remit N1trillion yearly to enable the Federal Government fund its budget. Lawan stated this after...

W/Bank Says Nigeria’s Economy Will Grow By 2.4% In 2021   The World Bank has said Nigeria’s economy is projected to grow by 2.4 per cent in 2021. This is an increase in the bank’s earlier growth projection of 1.8 per cent made in January this year. The...

FEC, N/Assembly Approve N16.39trn Proposed 2022 Budget     The Federal Executive Council (FEC) and the National Assembly have approved President Muhammadu Buhari’s revised 2022-2024 Medium Term Expenditure Framework of N16.39 trillion. The government will also borrow N6.258tr to fund the proposed budget deficit. President Buhari will be presenting...

Budget: FG Seeks MTEF Amendment, Lowers Revenue Projection By N342bn   President Muhammadu Buhari will, on Thursday, present the 2022 budget to a joint session of the National Assembly. The Deputy Senate President, Ovie Omo-Agege, gave the hint on Tuesday after reading and referring Buhari’s submission of...