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Budget: Buhari Seeks NASS Approval For $2.78bn Euro Bonds

Budget: Buhari Seeks NASS Approval For $2.78bn Euro Bonds   President Muhammadu Buhari has requested a National Assembly resolution to raise 2.78 billion dollars from the International Capital Market for part-funding of the 2018 budget. Buhari’s request came in a letter dated July 23, and read by...

NEXIM Bank Boss Seeks Speedy Passage Of Factoring Bill

NEXIM Bank Boss Seeks Speedy Passage Of Factoring Bill   The Managing Director/ Chief Executive, Nigerian Export -Import Bank (NEXIM), Mr. Abba Bello has said the expedited passage of the Factoring Assignments (Establishment) Bill by the National Assembly will present better financing alternative for cash-strapped micro,...

N13.1bn ministries’ projects removed from 2018 budget

N13.1bn ministries’ projects removed from 2018 budget About 132 projects valued at N13.16bn were removed from the 2018 budget proposals submitted by President Muhammadu Buhari to the National Assembly. An analysis of the budget document conducted by the Budget Office of the Federation showed that 13...

Why Buhari Has Not Signed PIGB Into Law – Experts

Why Buhari Has Not Signed PIGB Into Law - Experts   President Muhammadu Buhari, has not signed the harmonised version of the Petroleum Industry Governance Bill (PIGB) into law because he is still studying the document to adequately understand its content, experts in the petroleum industry...

Reps Justify N578bn Budget Hike

Reps Justify N578bn Budget Hike The House of Representatives has justified its verdict to raise the budget estimates by N578 billion. It also made clear its stance not be docile to the Executive on national budget preparation and approvals. The House absolved itself of blame in...

Speech by President Muhammadu Buhari At The Signing Into Law the 2018 Budget  Wednesday, June 20th, 2018

Speech by President Muhammadu Buhari At The Signing Into Law the 2018 Budget  Wednesday, June 20th, 2018 Protocols I would like to thank the leadership of the National Assembly, particularly the Senate President and the Speaker of the House of Representatives, as well as all the Distinguished...