Budget 2021: Buhari Transmits Finance Bill 2020 To N'Assembly         President Muhammadu Buhari yesterday transmitted the Finance Bill 2020 to the National Assembly for consideration and passage into law. In a letter to the Speaker of the House of Representatives, Femi Gbajabiamila and which was read on...

Transport Ministry Proposes N205bn Budget For 2021         The Minister of Transportation, Chibuike Rotimi Amaechi has proposed the total sum of N205.1 billion as capital budget for the ministry in year 2021. Making his presentation before the Joint Committee of the Senate and House of Representatives on...

Budget 2021: FG Earmarks N152bn For Electricity       The Federal Government is to pay power generation companies through Nigerian Bulk Electricity Trading, NBET, the sum of N152.416 billion in 2021. According to details of the 2021 budget now before National Assembly, this forms one of the largest...

Budget 2021: Brace Up For Another Recession — Buhari         President Muhammadu Buhari said, yesterday, that the country is heading for another recession, the second in four years. He noted, however, that the Federal Government has put in place plans to ensure rapid recovery in 2021. The President,...

Budget 2021 Will Enhance Revenue Projections, Welfare In Borno     The Borno State Commissioner of Finance, Budget and Economic Planning, Ahmed Lawan, has said the 2021-2023 Midterm Framework has ‘better and higher promises’ for enhanced revenue projections. According to him, the three-year plan also has a better...

Fed Govt Plans N4.28trn Loan For N12.66trn 2021 Budget     The Federal Government has proposed N12.66tn as aggregate expenditure for the 2021 fiscal year on a deficit of N5.16tn. It would be partly financed by a total loan package of N4.28tn while the rest would be from...