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...

$70 Oil Price Required To Sustain Budget – Fed Govt       The Minister of State for Petroleum Resources, Timipre Sylva, has said the country needs an oil price of $70 per barrel and a production of two million barrels per day to sustain its budget. Sylva said...

Senate Okays N168.8bn Budget For FIRS   The Senate, on Wednesday, approved N168.8 billion budget for the Federal Inland Revenue Service (FIRS) for the 2020 fiscal year. The upper chamber also approved a one-off N100bn special-purpose intervention fund for the agency’s key capital projects. Specifically, the fund is...

Why Budget Increased Despite Dropping Revenues – Presidency   The Senior Special Assistant to the President on National Assembly Matters (House of Representatives), Umar El-Yakub, has said the decision of the Presidency to increase the budget despite drop in revenue was meant to mitigate the impact...