FG Raises N984.28bn Via Bonds In 4 Months, Amid 2022 Budget Deficit   Following the drive to raise local funds to finance the N6.26 trillion 2022 budget deficit, the federal government has borrowed a total of N984.28 billion through FGN bonds between January and April 2022,...

FAAN Remits 16.7bn To FG, Proposes N188bn 2022 Budget   The Federal Airports Authority of Nigeria (FAAN) has remitted N16.7 billion into the consolidated revenue fund of the Federation Account for the year 2021, the authority has disclosed. The Managing Director of FAAN, Capt Rabiu Yadudu, said...

FIRS To Spend N119.7bn On Worker's Salaries, Allowances   The Federal Inland Revenue Service (FIRS) has said it will spend N119,684,218,735 out of the N215,811,290,243.00 in this year’s budget on workers’ salaries and allowances. A Senate report has indicated that out of the N119.68 billion earmarked for...

Why Fed Govt Will Continue Borrowing – Lawan   The Senate President, Ahmad Lawan, has said that until revenue-generating agencies lived up to expectations, the federal government would continue borrowing to fund infrastructure. Lawan gave the hint on Tuesday in an address delivered at the start of...

2022 Budget: Buhari To Spend N1.6bn On New Vehicles For State House, by Kabir Abdulsalam   President Muhammadu Buhari has a plan to spend N1.6billion in the 2022 Budget on new vehicles for the Presidency. This is part of the Budget figures the President signed on the...

Gov Bello Signs N145bn 2022 Budget Into Law, Assures greater performance in 2022   The Governor of Kogi State, Alhaji Yahaya Bello on Wednesday signed the state’s Budget of Accelerated Results for the year 2022 into law. The budget is in the sum of N145,896,072,913. In his remarks...