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National Assembly Passes N13.58trn Budget For 2021

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

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

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

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

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

$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...