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Presidency, N’ASSembly Resolve 2016 Budget Feud

Indications have emerged that President Muhammadu Buhari and the National Assembly have resolved the grey areas in the 2016 budget, a development that may lead to its assent by the president any time from today. LEADERSHIP last night reliably gathered that the lawmakers sent the...

Govs beg Buhari to share funds in Excess Crude Account 

The 36 state governors have told President Muhammadu Buhari to approve the sharing of funds in the Excess Crude Account (ECA) among the three tiers of government in order to improve the liquidity position of the states. Currently, the ECA, which was set up when...

Buhari: Nigeria Derived No Benefit from Naira Devaluations in the Past

For the umpteenth time, President Muhammadu Buhari has insisted that he was yet to be convinced that the vast majority of ordinary Nigerians would derive any tangible benefit from a devaluation of the Naira. A statement issued by the Senior Special Adviser to the President...

Buhari rejects budget changes

President Muhammadu Buhari has rejected the budget passed by the National Assembly last month, faulting the inclusion of N40 billion projects in the works ministry, 386 projects in agriculture and removal of the Lagos-Calabar rail project, among others by the lawmakers. Buhari had presented a N6.08...

FG sets timetable for submission of 2017 budget

The Federal Government has said talks are ongoing with National Assembly to end the impasse and sign the 2016 budget to enable Presi­dent Muhammadu Buhari to assent to the bill. This was as government also approved a timetable for the preparation of the 2017 budget...

Presidency, Senate to resolve budget crisis next week 

Senators have resolved to meet with President Muhammadu Buhari next week to end the budget row —amicably. The meeting is to take place either Monday or Tuesday, depending on the President’s choice. Ahead of next week’s meeting, the Senate has raised a committee to review the disputed...