Senate Passes N238.15bn Budget For Customs   The Senate, on Tuesday at plenary, passed the Nigerian Customs Service (NCS) 2020 budget of N238.15 billion amid dissenting views by some senators. The passing of the budget followed the presentation of a report on the budget by the Senate...

Budget Under Threat As Oil Declines To $54   The international oil benchmark, Brent crude, plummeted to its lowest level in more than a year on Monday, trading below the Federal Government’s benchmark for the 2020 budget, as the coronavirus outbreak hit fuel demand in China. The...

2020: Kwara Assembly Passes N162bn Budget   The Kwara State House of Assembly has approved N162,487,666,170 as the 2020 budget for the state. This is against the N162, 060,661,985 presented to the lawmakers last month, by Governor, Mallam AbdulRahman AbdulRazaq, as the 2020 Appropriation Bill. The budget passed...

Lagos 'll Increase Monthly IGR To Fund N1.17trn Budget - Commissioner   The Lagos State Government says it plans to increase its monthly Internally Generated Revenue to fund the 2020 budget. The Commissioner for Economic Planning and Budget, Sam Egube, said this on Tuesday at the state’s...

Yobe Adopts Budget Monitoring Mechanisms For Govt Officials, MDAs   Governor Mai Mala Buni of Yobe State has adopted monitoring mechanisms for commissioners Ministries, Departments and Agencies (MDAs) for effective service deliveries and performances. According to him, this year’s budget is a road map to achieve budgetary...

Uganda To Borrow $2bn To Fund Budget   Uganda said it plans to borrow 6.9 trillion shillings ($1.89 billion) from external lenders in the 2020/2021 (July-June) fiscal year to partly finance its budget, which could come under pressure as veteran leader Yoweri Museveni seeks re-election. A finance...