FG Records N1.1tn 8months Deficit In 2018 Budget   Between January and August, the Federal Government recorded a fiscal deficit of N1.14tn in its operations, figures obtained from the Budget Office of the Federation have revealed. The 2018 budget which was signed by President Muhammadu Buhari had...

2018 Budget: Deficit May Rise To N4.4tn Says Report   Except the Federal Government adopts a pragmatic approach to shore up its independent revenue, the fiscal deficit in the 2018 budget may widen from the appropriated sum of N1.9tn to N4.4tn, an economic report prepared by...

2018 Budget Under Pressure Owing To FG’s Revenue Shortfall There are indications that 2018 budget funding is still under pressure. This is due to the fact that the Federal Government has recorded huge shortfall in revenue collection against budget estimates. The finding was contained in a...

2018 Budget Deficit Hits N1.950 trn   The federal Government budget for 2018 just assented to by President Muhammadu Buhari has an overall budget deficit of N1.950 trillion. Minister of Budget and National Planning, Senator Udoma Udo Udoma stated this in his public presentation and breakdown of...

LCCI: Delayed 2018 Budget, Threat To Achieving ERGP Targets   The Lagos Chamber of Commerce and Industry (LCCI) has said that the delay in passing the 2018 budget may drag the economy into a state of inertia and economic decline. This, according to the LCCI was also...

Buhari Yet to Receive 2018 Budget   President Muhammadu Buhari has yet to receive the 2018 budget, one week after it was passed by the National Assembly. The Minister of Budget and National Planning, Udoma Udo Udoma, disclosed after the Federal Executive Council (FEC) meeting on Wednesday. The...