FG Borrowed Over N2trn To Fund 2017 Budget, Says DMO   The Federal Government borrowed a total of N2.32tn in 2017 to fund deficit in the budget, the Debt Management Office has said. DMO said this in its 2017 Annual Report obtained by our correspondent in Abuja...

N10bn Payment to Local Contractors in 2017 Budget - AGF The attention of the Accountant General of the Federation (AGF), Mr. Ahmed Idris, has been drawn to some misleading and false publications by the Premium Times and Saharareporters which alleged extra-budgetary spending over the release...

2017 Budget: N1.2tn Released For Capital Projects, Says DMO A total of N1.2tn was released between July and December 2017 to fund capital projects in the 2017 budget, the Debt Management Office said on Tuesday. In a statement made available to our correspondent in Abuja, the...

Why we didn’t raise $5.5bn approved by NASS –Adeosun The Minister of Finance, Mrs Kemi Adeosun, yesterday disclosed why the Federal Government did not raise the full $5.5 billion approved by the National Assembly. The Minister, who spoke in Abuja said that the National Assembly approved...

The Minister of Finance, Mrs. Kemi Adeosun, said Federal Government will roll over at least 60 per cent of 2017 capital projects to 2018 budget proposal. Adeosun made this known when she appeared before the Senate Joint Committees on Finance and Appropriations. She was accompanied by...

The Federal Government is to fund 11 per cent of the 2017 Budget with money recovered from the treasury looters as it promised to make the first tranche of capital release of N350bn to its Ministries, Departments and Agencies for implementations. The Minister of Finance,...