Reps Debate N13.08trn Budget, Check For Foreign Trips       The House of Representatives has opened discussions on the 2021 Appropriation Bill of N1.08 trillion expenditure at the House of Representatives plenary. Issues surrounding the funds proposed for Debt Service, Capital and Recurrent expenditure were the focus when...

FG Budgets N3.85trn for Capital Projects in 2021 The 2021 budget estimates submitted to the National Assembly by President Muhammadu Buhari has N3.85 trillion for capital projects. Minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed at the budget breakdown held in Abuja. Mrs Ahmed...

2021 Budget: MDAs To Get N20bn For Electricity, Local Contractors       The Federal Government plans to settle the electricity bills of its ministries, departments and agencies with N5bn and offset the debts of local contractors with N15bn in 2021. It also plans to settle ex-workers of the...

Budget 2021: Brace Up For Another Recession — Buhari         President Muhammadu Buhari said, yesterday, that the country is heading for another recession, the second in four years. He noted, however, that the Federal Government has put in place plans to ensure rapid recovery in 2021. The President,...

Buhari Presents N13.08trn 2021 Budget Proposal     President Muhammadu Buhari has presented the 2021 budget proposal of N13.08trillion to the National Assembly for consideration and passage into law. The President, who was accompanied by Vice-President Yemi Osinbajo, some cabinet members and presidential aides, arrived the premises of...

Senate Seeks Reduction In Borrowing       The Senate on Wednesday said the country should seek alternative sources of funding the budget in order to reduce borrowing. The upper chamber said although borrowing is not entirely bad, the country must seek ways and means to develop alternative funding...