Over N4.33trn Released For Capital Projects In 3 Years, FG Discloses The Federal Government has released over N4.33tn in the last three years to Ministries, Departments and Agencies of government for the implementation of capital projects. The Minister of Budget and National Planning, Udo Udoma, gave...

Nigeria, 7 Others in Debt Pain – IMF The International Monetary Fund (IMF) Thursday, listed Nigeria among eight African countries on its debt distressed category following the failure of their fiscal consolidation to positively impact the citizens. Abebe Aemro Selassie, Director of the IMF’s African Department,...

FG Releases N460bn Capital Expenditure – Udoma   The Federal Government has released N460 billion out of the N2.1 trillion capital expenditure for 2018, the Minister of Budget and National Planning, Udo Udoma has said. Speaking yesterday on the side lines of the Annual Meetings of the...

The Senate has summoned the Minister of Finance, Mrs Kemi Adeosun and her Budget and National Planning counterpart, Sen. Udo Udoma, to brief Nigerians on the state of the economy. The Chairman, Senate Committee on Media and Public Affairs, Sen. Sabi Abdullahi, made this known...

The Federal Government is to fund 11 per cent of the 2017 Budget with money recovered from the treasury looters as it promised to make the first tranche of capital release of N350bn to its Ministries, Departments and Agencies for implementations. The Minister of Finance,...

The Federal Government, in a bid to stimulate its youth empowerment programmes, is considering adopting capacity to create jobs as one of the criteria for offering contracts and assistance. The Minister of Budget and National Planning, Senator Udo Udoma, gave the indication  in Abuja at...