The Federal Government has disclosed that state governments account for about 48% of Nigeria’s total public expenditure, underscoring the need for stronger coordination across all tiers of government.
Investors Flock to Nigeria as Economic Reforms Show Results - FG
The Minister of Budget and Economic Planning, Abubakar Bagudu, has stated that Nigeria’s economy is undergoing a turnaround, driven by bold reforms, improved coordination, and a renewed focus on national priorities.
In a statement on...
FEC Approves 2025 Budget Proposal as Tinubu Prepares to Present
The Federal Government on Monday approved the 2025 budget proposal. This follows the Senate’s endorsement of the Medium-Term Expenditure Framework 2025 – 2027 on November 22.
President Bola Tinubu will present the proposed N47.96tn budget to...
Capital Expenditure Suffers as FG Services Debt with N7.4tn
The Federal Government’s expenditure report for the first eight months of 2024 has laid bare the heavy toll debt servicing is taking on Nigeria’s finances.
Between January and August, a total of N7.41tn was spent on servicing...
2024 Budget: Economic Recovery is Here, Says Tinubu
President Bola Tinubu has assured Nigerians that the nation’s recovery from economic challenges has come, saying the 2024 budget will set Nigeria on a transformative path towards economic growth and development.
President Tinubu gave this assurance while the...
