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Ugwuanyi Signs 2018 Budget Of N103.5bn Into Law

Ugwuanyi Signs 2018 Budget Of N103.5bn Into Law   Gov. Ifeanyi Ugwuanyi of Enugu State on Monday signed the 2018 budget of N103.5 billion into law. Signing the document in Enugu, Ugwuanyi reiterated his administration’s readiness to deliver good governance and harness the potential in the state. The...

Five Ministries To Spend N221m On Refreshments, Meals

Five Ministries To Spend N221m On Refreshments, Meals In 2018, the sum of N221, 015,898 million is appropriated as refreshments and meals for 5 federal Government ministries going by the 2018 budget breakdown. The ministries include Finance, Budget and National Planning, Industry trade and Investments,...

2018 Budget Contains N460bn Wasteful Expenditure Says Group

2018 Budget Contains N460bn Wasteful Expenditure Says Group The Centre for Social Justice on Tuesday picked holes in the 2018 budget proposals presented by President Muhammadu Buhari to the National Assembly, stating that the fiscal document contained over N460bn “frivolous, inappropriate, unclear and wasteful” expenditure. The...

What happens to FG’s zero-based budget plan?

What happens to FG’s zero-based budget plan? As the nation awaits the passage of the N8.612 trillion 2018 budget, one can not but ask: ‘what has happened to the Federal Government’s bid  to adopt  zero-based budgeting (ZBB) format for its budget planning. Recall that Vice President...

FG To Generate N311bn From Asset Sale, Privatisation

The Federal Government is aiming to generate of N311bn from privatisation of public properties and the sale of national assets next year to partly finance the 2018 budget. This is contained in the 2018 budget proposals submitted last Tuesday to a joint session of the...

2018 budget: PENGASSAN warns against oil, gas assets’ sale

The Petroleum and Natural Gas Senior Staff Association of Nigeria has cautioned the Federal Government against selling profitable oil and gas assets as scrap to fund the 2018 budget. The trade union expressed its support to other models of funding the budget aside from selling...