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Agusto & Co: Supplementary Budget, FAAC Allocation Might Worsen Inflation 

Agusto & Co, a prominent credit rating agency, cautions that despite a recent slight moderation in Nigeria's inflation, the threat of sustained inflation remains due to several impending fiscal measures.  

Senate Passes N98.5bn FCT Supplementary Budget

Senate Passes N98.5bn FCT Supplementary Budget The Senate on Tuesday, June 11, passed the sum of N98.5billion as the Federal Capital Territory (FCT) Supplementary Appropriation Bill, 2024. The passage of the Bill was a sequel to the consideration of the report of the Senate committee on...

Implementation of 2023 Supplementary Budget Extented till March 31st, 2024 – Senate

Implementation of 2023 Supplementary Budget Extented till March 31st, 2024 - Senate The Senate has approved the extension of implementation of the supplementary appropriation bill from 31st December 2023 to March 31st 2024. The move comes after the Leader of the Senate, Senator. Opeyemi Bamidele presented...

JUST IN: Tinubu Signs N2.17trn 2023 Supplementary Budget into Law

JUST IN: Tinubu Signs N2.17trn 2023 Supplementary Budget into Law   President Bola Ahmed Tinubu has signed his first national budget, the 2023 supplementary budget, into law. President Tinubu signed the N2.17trn Budget at the State House, Abuja on Wednesday afternoon. The Senate and the House of Representatives...

Supplementary Budget: Tinubu to Spend N28bn on State House Facilities, Vehicles

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...

2023 Supplementary Budget: Tinubu Prioritises Nigerians Security 

2023 Supplementary Budget: Tinubu Prioritises Nigerians Security    The N2.176trn 2023 supplementary budget proposal by President Bola Tinubu, submitted to the House of Representatives on Tuesday, prioritised the security of Nigerians and their property as defense got the highest allocation of N476.543bn. Given the activities of bandits...