Reps Increase Next Year’s Budget By N735.850bn   The House of Representatives yesterday passed the 2022 budget estimates submitted by the President Muhammadu Buhari on October 10 with an increase of N735, 850,000,000. The Senate, however, failed to pass the budget, adjourning plenary to today. The House also...

DG Budget Akabueze Confirms 185 Duplications In 2022 Budget     The Director General of Budget Monitoring Office, Mr. Ben Akabueze, has described the 185 duplications in 2022 Budget as tolerable and negligible. He said 54 items were not correctly titled and not duplication. Speaking on the current affairs...

Buhari Transmits Finance Bill To NASS For 2022 Budget     President Muhammadu Buhari has transmitted the Finance Bill 2021 to the National Assembly for consideration and passage to give legal backing to some of the proposals in the 2022 Appropriation Bill currently before the parliament. The Speaker...

FCT Minister Presents N64bn Proposal For 2022 Budget   The Minister of Federal Capital Territory, Malam Mohammed Bello, has disclosed that the FCT would spend the sum of N64,861,604,695.00, for its 2022, National Priority Projects. Mr Anthony Ogunleye, Chief Press Secretary to the minister, in a statement...

Fed Govt Personnel Cost Rises By 79.48%, Gulps N13.2trn In Four Years   The amount budgeted for personnel costs has increased from N2.29tn spent in 2019 to N4.11tn in the proposed 2022 budget, according to data obtained from the budget implementation report of the Federal Government. This...

Reps Pass 2022 Budget For Second Reading   The House of Representatives on Thursday passed the 2022 budget of N16.39 trillion for second reading. This followed the conclusion of debate on on the general principles of the budget. The Senate, had also on Wednesday, passed the 2022 Appropriation...