Senate Passes MTEF/FSP, Okays Buhari’s N4.89trn Borrowing Plan             The Senate on Wednesday passed the 2022-2024 Medium Term Expenditure and Fiscal Strategy Paper, retaining all the assumptions and projections submitted to it by president Muhammadu Buhari in July. The red chamber retained the exchange rate of N410.15...

Senate To Commence Work On MTEF/FSP Next Week       The Senate Committee on Finance will begin the consideration of the 2020-2023 Medium Term Expenditure and Fiscal Strategy Paper (MTEF/FSP) on Wednesday next week. Chairman Senate Committee on Finance, Sen Solomon Adeola, in a statement in Abuja yesterday,...

The presentation of the 2017 budget to the National Assembly is already suffering delay as the executive arm is still grappling to put together the Medium Term Expenditure Framework (MTEF) about one and half months to the end of the year. The approval of MTEF...