2024 Budget: Economic Recovery is Here, Says Tinubu   President Bola Tinubu has assured Nigerians that the nation’s recovery from economic challenges has come, saying the 2024 budget will set Nigeria on a transformative path towards economic growth and development. President Tinubu gave this assurance while the...

President Tinubu Seeks Fresh $8.699bn, €100m Loans   Barely one month after seeking approval for $7.8 billion and €100 million loans from the National Assembly, President Bola Ahmed Tinubu, again yesterday, asked for fresh foreign loans of $8.699 billion and €100 million. This was revealed in separate...

Supplementary Budget: Tinubu to Spend N28bn on State House Facilities, Vehicles   President Bola Ahmed Tinubu has made budget proposal of 28 billion to be spent on facilities and vehicles in the Presidential Villa. The Federal Executive Council (FEC) had on Monday approved a supplementary budget of...

JUST IN: FG Proposes N26trn for 2024 Budget   The federal government is proposing N26trn as the 2024 budget which is expected to be submitted to National Assembly before December, 31. Minister of National Planning and Budget, Alhaji Atiku Bagudu, announced the budget proposal at the end...

N’Assembly Commence Clearance of N30bn lawmakers’ severance package The National Assembly management has commenced clearance of members of the Senate and the House of Representatives for payment and collection of severance packages, as the 9th Assembly winds down. The Clerk of the House, Yahaya Danzaria, made...

Budget Office Warns FG of Imminent Crisis as Debt Rises The Budget Office of the Federation has said Nigeria now has a “limited borrowing space” due to its poor debt-to-revenue ratio, stressing that “trouble” looms for the country if it exceeds its limits. The Director-General of...