Covid-19: Cut N10.59trn Budget, Target Overhead, Says Senate   The Senate declared on Tuesday that the downward review of the N10.59tn 2020 federal budget had become inevitable in view of the current global economic downturn occasioned by the outbreak of coronavirus pandemic. The red chamber made the...

Oil: Falling Price Shocking, Budget Strained, Says FG   The Ministry of Finance, Budget and National Planning, Zainab Ahmed, has said the coronavirus which had led to a huge drop in crude oil prices will put a severe strain on the Federal Government’s budget. Ahmed said this...

Coronavirus: Fed Govt To Review Budget As Oil Price Plunges   The Federal Government has announced plans to review the 2020 budget as crude oil revenue comes under pressure from the effects of the raging coronavirus infection globally. The Minister of Finance/Budget Planning, Mrs Zainab Ahmed, said...

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...