N1.6trn NNPC, Sovereign Wealth, Education, Funds Omitted In 2020 Budget   A total of N1.635 trillion key expenditure items captured in the 2020-2022 Medium Term Expenditure Framework (MTEF) are missing in the N10.594 trillion 2020 Budget recently passed by the National Assembly and assented to by...

Presidency: 2020 Budget Good But Not 100%   The Presidency said on Sunday that President Muhammadu Buhari , was backed by law to return any portion of the 2020 budget that required reworking to the National Assembly. It noted that the budget was “good enough”, having come...

Buhari Signs 2020 Budget Into Law   President Muhammadu Buhari has signed the 2020 budget into law thereby restoring the January to December budget circle for the country. The President presented a budget proposal of N10.33 trillion to a joint session of the National Assembly on October...

Nass Transmits 2020 Budget To Buhari   The National Assembly has transmitted the 2020 Appropriation Bill to President Muhammadu Buhari for assent. The Senior Special Assistant to the President on National Assembly Matters (House of Representatives), Mr Umar el-Yakub, confirmed this to our correspondent on Thursday night. Responding...

2020 Budget Contains N150bn Wasteful Expenditure - Report   The Centre for Social Justice on Wednesday faulted the 2020 budget presented by President Muhammadu Buhari to the National Assembly, stating that the fiscal document contained about N150.07bn expenditures that are “frivolous, inappropriate, unclear and wasteful.” The group...

Finance Bill Suffers Setback, Threatens 2020 Budget   The plan by the Federal Government to shore up its revenue base by amending seven Acts of the National Assembly relating to taxes suffered a major setback in the Senate on Tuesday. A public hearing organised by the joint...