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FEC Meetings Should not Hold Without Country’s Statistician-General – Shehu Sani 

FEC Meetings Should not Hold Without Country's Statistician-General - Shehu Sani  Senator Shehu Sani has expressed worry that the Federal Executive Council (FEC) meetings hold on a regular basis without the Statistician-General of the Federation or any representative of the National Bureau of Statistics (NBS)...

Budget: N2.1trn Supplementary Appropriation Bill Scales Second Reading

Budget: N2.1trn Supplementary Appropriation Bill Scales Second Reading The 2023 Supplementary Appropriation Bill expeditiously scaled second reading on Tuesday in the House of Representatives as lawmakers said it is for the benefit of the country. President Bola Tinubu had written the House seeking the approval of...

2023: FEC Approves N2.2tn Supplementary Budget

2023: FEC Approves N2.2tn Supplementary Budget The Federal Government has approved a N2.18tn supplementary budget for the 2023 fiscal year. This would fund urgent issues including national defense and security. The supplementary funding was also targeted at providing welfare packages for workers and Nigerians at large. The...

2024 Budget: FG to Peg Crude Price at 73$, FX Rate at N700/$

2024 Budget: FG to Peg Crude Price at 73$, FX Rate at N700/$ The Federal Government yesterday, benchmarked its 2024 budget on a crude oil price of $73.96 per barrel and an exchange rate of N700 to the dollar, while projecting N26 trillion for the...

FEC Approves $1.58bn Loan Requests from World Bank, AfDB

FEC Approves $1.58bn Loan Requests from World Bank, AfDB The Federal Executive Council (FEC) has approved a $1.58 billion loan request for the Federal Government. Briefing State House correspondents after Monday's meeting, the Minister of Finance and Coordinating Minister of the Economy, Wale Edun, said the...

We Met a Very Bad Economy – Wale Edun

We Met a Very Bad Economy - Wale Edun The Federal Government, on Monday, said it inherited a bad economy with an unacceptable high rate of unemployment. The government also assured Nigerians that the administration of President Bola Tinubu will not rely on borrowing and that...