Oil Rally Pushes Nigeria’s Revenue Above Budget Estimate       The upturn in the price of the international oil benchmark, Brent crude, has pushed Nigeria’s oil revenue above the estimate in the 2021 budget. Brent, against which the country’s crude oil is priced, has been trading more than...

National Assembly Passes N13.58trn Budget For 2021         The National Assembly, Monday passed the 2021 Appropriation Bill to the tune of N13, 588, 027,886, 175 trillion as an aggregate expenditure. The approval was done during an emergency session convened for the purpose of passing the budget. The approved...

Reps Debate N13.08trn Budget, Check For Foreign Trips       The House of Representatives has opened discussions on the 2021 Appropriation Bill of N1.08 trillion expenditure at the House of Representatives plenary. Issues surrounding the funds proposed for Debt Service, Capital and Recurrent expenditure were the focus when...

Budget: NASS Pledges Allocation To Youth Development       President of the Senate, Ahmad Lawan, said on Thursday that the National Assembly would allocate huge resources for youth development in the 2021 national budget. He said the arrangement would enable government to address the challenges facing Nigerian youths...

6.1% Economy Shrink: FG Won’t Be Able To Service Rising Debts, Fund Budget – MAN, LCCI       Key players in the nation’s economy including the Manufacturers Association of Nigeria and the Lagos Chamber of Commerce and Industry on Monday said the government may not able to...

Budget: Fed Govt To Spend N12.657trn In 2021     The federal government is to spend the sum of N12. 658 trillion in 2021, going by the 2021 budget which is being prepared by the Federal Ministry of Finance. According to the Budget Call Circular referenced HMFBNP/2000/EXP/S.800/1/3/35 by...