The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has advised government agencies and parastatals not to depend totally on Federal Government’s budget to run their activities, but, rather up their quality of service to generate more revenue. Udoma who gave this advice...

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...

The Government of the Federal Republic of Germany has disclosed its new commitment of 47.6 million Euros funding support available to Nigeria in 2016 for technical cooperation, programmes and special project initiatives. This was revealed by the Leader of the German delegation Mrs. Renate von Boddien, Thursday,...

The federal government plans to raise $2 billion through the concession of the existing Lagos-Kano/Port-Harcourt-Maiduguri rail line, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, has said. He spoke in Abuja just as the Minister of Finance, Mrs Kemi Adeosun, called for...

The Nigerian economy has been plagued with several challenges over the years. In spite of many, and frequently changing, fiscal, monetary and other macro-economic policies, Nigeria has not been able to harness her economic potentials for rapid economic development. While it is believed in...