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
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...
Fed Govt Probes N14bn Allocated To NSEZCO In Budget
The Minister of Industry, Trade and Investment, Otunba Richard Adeniyi Adebayo, has clarified that the N14 billion budgeted for the Nigeria Special Economic Zones Company (NSEZCO) is been investigated as the said money appropriated for the...
Budget Threatened As Oil Price Sinks To $56
The international oil benchmark, Brent crude, tumbled on Wednesday to $56 per barrel, its lowest level in seven years as the United States-China trade war worries gripped the market.
The decline in oil price imposes a serious threat...
Execution Of N8.916trn Budget Already Under Threat
Barely two weeks after the National Assembly passed the N8.916 trillion budget for 2019, the implementation of the financial plan is already being threatened by the spate of vandalism of oil pipelines across the country.
Nigeria has set oil...
FG To Reverse Budget Benchmark If Oil Price Drops Below $60/Barrel
The Federal Government will be forced to reconsider its oil price benchmark for the 2019 budget estimates if the global oil price drops below $60 per barrel, analysts at FSDH Research have said.
The head...
