FG Raises N4.46trn Bonds To Bridge Budget Deficit   As the federal government intensified borrowing from local investors to bridge the 2023 budget deficit, the government through the Debt Management Office (DMO) raised a total of N4.46 trillion from the bond market in eight months of...

NDDC Applauds Reps For Approving N876bn Budget   The Niger Delta Development Commission (NDDC) has commended the House of Representatives for passing the N876bn of the commission for the 2023 financial year. Speaking in an interview at the NDDC headquarters in Port Harcourt, the Managing Director, Dr...

JUST IN: Buhari Signs N21.83trn 2023 Budget into Law   President Muhammadu Buhari has signed the 2023 Budget of N21.83 trillion into law. The President who took advantage of the first working day of 2023 to take the significant steps also signed the 2022 Supplementary Appropriation Bill...

President Buhari to Sign 2023 Budget Tuesday - Lawan Lawan, who arrived at the State House few minutes before 3:00pm, said he discussed the President’s recent additional loan request and the 2023 appropriate bill. He rued the signing of the appropriation bill is a bit later...

FG Set To Sell Five Electricity Companies To Fund 2023 Budget The Nigerian government says it plans to sell some electricity-generation companies in the country, six months after it announced the restructuring of power distribution companies and privatisation of five power projects. The government said the...

NASS To Pass New Revenue-sharing Formula, Budget Thursday   President Muhammadu Buhari has transmitted the Finance Bill 2022 to the National Assembly as the federal parliament is billed to pass the 2022 Appropriation Bill by Thursday. Speaker of the House of Representatives, Femi Gbajabiamila, at the plenary...