The FCT Administration has proposed to spend the sum of N241,467,231,031 in the 2016 fiscal year for its capital and recurrent expenditures. The FCT Minister, Malam Muhammad Musa Bello dropped the hint during the defence of the 2016 FCT Statutory budget before the Senate Committee...

The federal government has set aside N12.6bn to cater for the needs of children's programmes in this year’s budget. In his Children’s Day message, President Muhammadu Buhari asserted that every Nigerian child had the right quality and affordable education, as well as healthcare and other...

The Federal Government expects its non-oil revenues to double this year as it seeks to offset a slump in oil revenues, according Reuters report. Funding of the 2016 budget with an expected deficit of N2.2 trillion has been so far unclear. The government expects to...

Questions over N370bn in Service Wide Votes Agric, Transport, Power ministries top list All ministries, agencies mentioned THE National Assembly Budget Office has discovered fresh padding of over N500 billion contained in the budgetary proposals for ministries, departments and agencies (MDAs) in the 2016 budget proposals being...

The 2016 budget will not be passed Thursday as promised by the National Assembly, it was learnt Wednesday. Rather, the fiscal document will be laid on the floors of the Senate and the House of Representatives by the Appropriation Committees of the two chambers. The Appropriation...

Lawmakers have uncovered 25 fresh errors in this year’s budget, it was learnt  that the items involved are allocated about N37, 025, 238, 407. Of the amount, about N21,623,323,649 voted for office repairs was rated “avoidable” by the Senate and House of Representatives committees on...