…As CBN opposes SEC’s ‘absolute powers’ to regulate public companies By Seun Ibiyemi The Federal Executive Council (FEC), on Thursday, approved a proposed budget of N47.9 trillion. Minister of Budget and Economic Planning, Atiku Bagudu disclosed this while briefing State…
By Ismail Azeez, Osogbo Osun state Governor, Ademola Adeleke on Wednesday presented a total budget of Three Hundred and Ninety Billion, Twenty Million, Two Hundred and Seventy Seven Thousand, Seven Hundred (N390,028,277,740.00) for 2025 fiscal year. Giving the breakdown of…
The Federal Government’s budget deficit has risen to 7.5 per cent of the country’s Gross Domestic Product as of August 2024, reflecting a significant widening of the gap between government revenue and expenditure. A member of the Central Bank of Nigeria…
…As lawmakers applaud Governor for not borrowing Ekiti State Governor, Mr Biodun Oyebanji has presented a budget estimate of N375,790,077,618.15 for the 2025 fiscal year to the Ekiti State assembly. Presenting the Appropriation Bill before members of the Ekiti State…
The Osun state Commissioner for Information and Public Enlightenment, Kolapo Alimi has clarified that the state has not obtained any loan to fund its budget in 2024. The Commissioner made the clarification in a statement on Tuesday in response to…
By Esther Agbo The House of Representatives has approved an increase in the budget for the Ministry of Housing and Urban Development to N500 billion, aiming to address the country’s housing deficit. The Chairman of the House Committee on Housing,…
Minister of Budget and National Planning, Atiku Bagudu, on Friday, stated that Nigeria has not invested adequately in infrastructural development. He attributed several recent problems faced by Nigerians to this under-investment in multi-dimensional infrastructure. While speaking at the National Assembly…
By Sodiq Adelakun Socio-Economic Rights and Accountability Project (SERAP) has called on the Senate President, Godswill Akpabio, and the Speaker of the House of Representatives, Tajudeen Abbas, to reduce the 2024 National Assembly budget of N344.85 billion. In a statement…
The Rivers House of Assembly on Tuesday, passed a resolution, urging Gov. Siminialaye Fubara to re-present the state 2024 budget and the medium term expenditure framework for consideration. This followed the adoption of a motion by the Speaker, Mr Martin…
By Moses Adeniyi To beat the timeline to meet the January to December budget implementation cycle, State Houses of Assembly in the States of the Federation have continued to hasten the passage of proposed budgets transmitted to them by their…
