2021 Budget: MDAs To Get N20bn For Electricity, Local Contractors       The Federal Government plans to settle the electricity bills of its ministries, departments and agencies with N5bn and offset the debts of local contractors with N15bn in 2021. It also plans to settle ex-workers of the...

Buhari Presents N13.08trn 2021 Budget Proposal     President Muhammadu Buhari has presented the 2021 budget proposal of N13.08trillion to the National Assembly for consideration and passage into law. The President, who was accompanied by Vice-President Yemi Osinbajo, some cabinet members and presidential aides, arrived the premises of...

Presidency Cost Down By N5bn In 2021 Budget     The expenditure ceiling for the Presidency in the 2021 pre-bilateral proposal has been trimmed by N5.3 billion, with a peg at N10bn. It was contained in a budget circular by the Ministry of Finance, Budget and National Planning....

2021 Budget: Don’t Reduce Aviation’s Vote, Sirika Begs NASS       The Minister of Aviation, Senator Hadi Sirika, on Monday pleaded with the National Assembly not to reduce the budgetary allocation to his ministry. He made the appeal when he appeared before the Senate Joint Committee on Finance...

FEC Approves 2021-2023 MTEF, Projects N12.66trn 2021 Budget   The Federal Executive Council on Wednesday approved the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper with N12.66tn budget projection for each of the three fiscal years. The approval was given at a virtual meeting of the...

Fed Govt Kick-starts 2021 Budgetary Process   The federal government has commenced preparation of its 2021 budget, as the Ministry of Finance, Budget and National Planning has received anticipated personnel costs for next year, from various Ministries, Departments and Agencies, MDAs. This followed the Personnel Cost Budget...