Minister of Budget and National Planning, Senator Udoma Udo Udoma, has continued consultations on the draft 2018 – 2020 Medium Term Expenditure Framework (MTEF) with a session with the leadership and heads of relevant committees of the National Assembly. The meeting which is in keeping...

A financial expert has described the oil price benchmark adjustment by the Senate in the 2017 budget from 42.5 dollars per barrel to 44.5 dollars per barrel as realistic. The Head of Banking and Finance Department, Nasarawa State University, Keffi, Dr Uche Uwaleke, said that...

The Senate has approved the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) and set oil benchmark for 2017 budget at 44.5 dollars per barrel. It also approved the exchange rate at N305 to a dollar as proposed by the executive for the...

The International Monetary Fund (IMF) has projected 0.8 percent GDP growth for Nigeria in 2017, a little below World Bank’s projections of 1percent growth for the period. Both projections are signifying Nigeria’s economic recovery from the current recession. In a global economic outlook report released, the...

President Muhammadu Buhari has presented a N7.298 trillion 2017 budget before the joint session of the National Assembly. The presentation was made in Abuja with members of the senate and House of Representatives in joint session. President Buhari said at the ceremony that government benchmarked the...

The Senate has said even though President Muhammadu Buhari will present the 2017 Appropriation Bill to the National Assembly next Wednesday, it will not consider the bill until the 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper it is currently working on is...