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Buhari submits 2018 budget to N’Assembly

President Muhammadu Buhari will present the 2018 Appropriation Bill to a joint session of the National Assembly. The Federal Government plans to spend about N8.6tn next year, a jump of about 15 per cent from the N7.44tn budgeted for the current year. The figures were contained...

Buhari Approves Payment Of Pension To Ex-Biafran Police Officers

President Muhammadu Buhari has approved the payment of pension to police officers who served in the defunct Biafran Police and who were equally granted presidential pardon in 2000. The Pension Transitional Arrangement Directorate (PTAD) on Wednesday announced that about 162 of such retired police officers and 57...

Buhari Presents 2018-2020 Expenditure Framework To N’Assembly 

President Muhammadu Buhari has submitted the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF-FSP) to the House of Representatives in a bid to ensure the timely passage of the 2018 budget. Speaker Yakubu Dogara read the correspondence from the President dated October 9,...

Due Process: Between Security Votes and Oil Contracts

Due Process: Between Security Votes and Oil Contracts By Yushau A. Shuaib Successive administrations in Nigeria, including the current one claim to promote transparency and accountability by following due process in financial dealings and public procurements. Nevertheless, governments at all levels avoid strict compliance with standard...

Buhari Will not burden Nigerians with unserviceable debts – Adeosun

Finance Minister, Mrs. Kemi Adeosun, has reassured that that the administration of President Muhammadu Buhari would not saddle Nigeria’s future generations with unserviceable debts. Adeosun stated this in an article entitled, ‘The debt debate: Deconstructing the debt story’, in which she explained the debt history,...

Kachikwu Keeps Mum After Meeting Buhari

The Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, did not disclose the outcome of his meeting with President Muhammadu Buhari to State House correspondents on Friday. The closed-door meeting, which was held inside the president's office at the Aso Rock Presidential Villa in Abuja,...