Nigeria Recorded N2.29trn Fiscal Deficit In Q1, 2021             Nigerian economy took a battering in the first quarter of 2021 as the country recorded a fiscal deficit of N2.293 trillion or 6.43 percent of the year’s quarterly GDP. The Budget Office of the Federation (BoF) in its...

FG Suffers N1.4trn Shortfall Despite Aggressive Revenue Drive       Between January and May 2021, the Federal Government recorded a revenue shortfall of N1.4tn, an analysis of the Medium Term expenditure framework and Fiscal Strategy paper for 2022-2024 has shown. According to the report obtained from the Budget...

Buhari Renews Akabueze’s Tenure As Budget Office DG   President Muhammadu Buhari has approved the renewal of the tenure of Mr Benjamin Akabueze as Director- General of the Budget Office of the Federation. The development was disclosed in a statement signed by Special Adviser, Media and Communications,...

The Federal Government has called on the Budget Office of the Federation to put in place necessary measures that can guarantee effective and efficient delivery of the annual national budget. The Minister of state, Budget and National Planning, Hajia Zainab Ahmed, made the call in...

The Federal Government has cleared air on ambiguous figures and issues raised by the public against the 2017 Appropriation Bill before the National Assembly. Speaking at a media briefing in Abuja, the Director-General, Budget Office of The Federation, Mr Ben Akabueze, said some commentaries on...