The Federal Government is proposing to fund part of the 2017 budget deficit of N2.69tn from funds recovered from treasury looters. The proposal is contained in the Medium Term Expenditure Framework/Fiscal Strategy Paper, which was submitted to the National Assembly. The Senate had two weeks ago...

The presentation of the 2017 budget to the National Assembly is already suffering delay as the executive arm is still grappling to put together the Medium Term Expenditure Framework (MTEF) about one and half months to the end of the year. The approval of MTEF...

The preparation of the 2017 budget suffered another setback at the Senate on Thursday, as the upper chamber of the National Assembly took a swipe at the Executive for blaming lawmakers for the delay in the process. The Senate specifically criticised the Minister of Budget...

The Federal Government plans to spend an estimated N6.812tn as its budget for 2017. The figure is about 13.3 per cent or N806bn above the N6.06tn budgeted for 2016. These details were contained in the 2017-2019 Medium-Term Expenditure Framework and Fiscal Strategy Paper, which President Muhammadu...

The Federal Government said it would again set aside the sum of N500bn in the 2017 budget for its social intervention programme. The amount when added to the N500bn earlier approved for the same purpose this year would bring the total budgetary allocation for programme...