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Lagos ‘ll Increase Monthly IGR To Fund N1.17trn Budget – Commissioner

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

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 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...

NASS Makes History, Passes N10.59trn Budget For 2020

NASS Makes History, Passes N10.59trn Budget For 2020   The Senate has made history with the passage of N10.59 trillion budget for the year 2020 in keeping with its major legislative agenda of returning the country’s budget cycle to a more predictable one as well as...

2020: Gov. Bello presents N176.12bn Budget To Kogi Assembly

2020: Gov. Bello presents N176.12bn Budget To Kogi Assembly   Kogi State Governor Yahaya Bello has presented a budget estimate of N176.12 billion for the 2020 state’s fiscal year before the state Assembly. The appropriation bill christened, ‘Budget of Prosperity’, comprises recurrent expenditure of N78.9 representing 44.84%...

40% Budget Must Go To Capital Projects – Reps

40% Budget Must Go To Capital Projects - Reps   A bill seeking to make it compulsory for the Federal Government to allocate 40 per cent of funds to capital expenditure in the national budget for 10 years passed the second reading at the House of...