Benue Govt Presents N179bn Budget To State Assembly   Benue State Governor, Samuel Ortom, on Tuesday, presented the 2023 Appropriation Bill of N179 billion to the State House of Assembly. The budget titled, ‘Budget of Consolidation and Transition’, has a recurrent expenditure of N106 billion with capital...

2023 Budget: Senate Suspends Defence Over Minister’s Summons Refusal   The Senate, on Tuesday, refused to consider the 2023 budget for the Ministry of Defence after the Minister, Bashiru Magashi, failed to honour invitations extended to him by the Senate Adhoc Committee on the Resuscitation of...

Lagos to Borrow N350bn to Fund 2023 Budget Lagos State Governor, Babajide Sanwo-Olu, on Thursday revealed that the state will borrow N350 billion to fund the 2023 budget. The governor had presented a budget of N1.69 trillion to the State House of Assembly for approval for...

Reps, Senators Face Probe Over Illegal Budget Passage   The House of Representatives’ Committee on Public Accounts has confirmed the allegation by President Muhammadu Buhari  that some committees of the National Assembly are passing budgets for ministries, departments and agencies of the Federal Government illegally. It was...

FG Raised N2.44trn Via Bonds To Bridge Budget Deficit In 9 Months     The Federal Government in nine months of 2022 raised a sum of N2.44 trillion through the FGN bond market to finance N6.26trillion 2022 budget deficit, the Debt Management Office (DMO) FGN Bond auction...

2023 Budget: Reps Commence Second Reading, Debate Estimates   The House of Representatives will on Wednesday (today) commence the second reading of the 2023 Appropriation Bill, with members expected to debate the general principles of the Federal Government for the next fiscal year. Deputy Speaker of the...