Senate To Buhari: Scrap Redundant Federal Agencies       The Senate on Wednesday urged the Federal Government to reduce the number of its agencies in order to reduce cost of governance. The red chamber took the decision following the approval of the report of its joint committee on...

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...

MTEF: Senate Threatens To Sanction CBN, FIRS, NPA, Others       The Senate Joint Committee on Finance and National Planning on Wednesday threatened to sanction heads of some revenue generating agencies of the Federal Government if they fail to appear before it on Thursday (today). The heads of...

Reps Suspend MTEF Meeting Over Emefiele, Others’ Absence The joint committee set up by the House of Representatives to work on the 2019-2021 Medium- Term Expenditure Framework (MTEF) and Fiscal Strategy Paper presented to the National Assembly by President Muhammadu Buhari on Tuesday suspended its...

Again, MTEF Suffers Another Setback In 2019 Budget   The passage of the 2019-2021 Medium-Term Expenditure Framework and Fiscal Strategy Paper suffered another setback at the House of Representatives as the presentation of the committee’s report on it was stood down till another legislative day. The presentation...

The Federal Government has increased national budget by N1.16tn in 2018, according to projections contained in the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy submitted to the National Assembly by President Muhammadu Buhari. The President forwarded the MTEF/FSP to the National Assembly on Tuesday,...