Senate President Threatens MDAs With Zero Allocation   The President of the Senate, Ahmad Lawan, has issued a one-week ultimatum to Federal Government’s Ministries, Departments and Agencies which have not appeared before relevant committees of the red chamber to defend their budget proposal for 2022, to...

Work Begins On N16.39trn Budget As Senate Panel Gets Documents Today   The Senate President, Ahmad Lawan, is expected to forward the 2022 Appropriation Bill to the Committee on Appropriation on Tuesday (today) during the plenary. A member of the panel disclosed this on condition of anonymity...

Budget: Power, Finance Projects Get Lion’s Shares Of N1.16trn Loans   The Ministry of Finance, Budget and National Planning will get the lion’s share, in terms of projects costs, of the N1.16tn multilateral and bilateral loans that the Federal Government is planning to get to part...

Buhari Proposes N16.3trn Budget For 2022   President Muhammadu Buhari has presented N16.39 trillion as the 2022 budget proposal before a joint session of the National Assembly. The oil benchmark for the 2022 appropriation is $57 per barrel, while the exchange rate is N410.5 per dollar in...

MDAs Must Generate N1trn Annually To Fund Budget - Lawan   Senate President Ahmad Lawan, yesterday, said the National Assembly would henceforth mount more pressure on revenue-generating agencies to ensure that they remit N1trillion yearly to enable the Federal Government fund its budget. Lawan stated this after...

'Ministry To Spend 70% Budget On East-West Road'         The Permanent Secretary of the Ministry of Niger Delta Affairs, Dr Babayo Ado, has disclosed that the Federal Government is working to ensure the completion of the East-West Road. He said the ministry would spend 70 per cent...