Tag Archives: Budget

Photo Caption: Budget and National Planning Minister, Senator Udoma Udo Udoma and UN Resident/Humanitarian Coordinator in Nigeria, Mr Edward Tallon at the signing of the Sustainable Development Partnership Framework, in Abuja…. on Thursday Advertisement

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Minister of Budget and National Planning, Senator Udoma Udo Udoma, on Tuesday evening continued consultations on the draft 2018 – 2020 Medium Term Expenditure Framework (MTEF) with a session with the leadership and heads of relevant committees of the National Assembly. The meeting which is in keeping with the determination of the Executive to carry the National Assembly along on …

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Lagos-based NGO, the International Press Centre (IPC) at a one day open Budget Forum on  Advancing Citizens Participation in the Budget Implementation Process of Lagos State has tasked Nigerians to follow the national budget and read between the lines to be able to engage the government on development issues. The event which held in Lagos under the auspices of Strengthening …

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Dayo Emmanuel The Federal Government of Nigeria is to spend N2.174tr on capital expenditure according to the recently signed 2017 budget. The amount represents about 29% of the total budget figure of N7.44tr and an increase of over N300bn above the capital expenditure of the previous year which stood at N1.8tr. According to the budget tracking organization; budgIT, the said …

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Minister of Budget and National Planning, Senator Udoma Udo Udoma, has indicated that government will work hard to increase revenues so as to be able to fund the Budget. Senator Udoma also said that in spite of criticisms about government borrowings, the country’s fiscal deficit is still well within the three per cent (3%) limit and government is keeping very …

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The European Union (EU) Commission on Thursday in Brussels, Belgium, announced a support package of €143 million to help the early recovery and reconstruction needs in the North East of Nigeria. The package is for the provision of basic services including energy, education and health, job creation, strengthening monitoring and evaluation systems as well as public financial management systems. Minister …

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  Acting President Yemi Osinbajo on Monday signed the 2017 budget almost four weeks after the National Assembly transmitted the appropriation bill to the presidency.   President Muhammadu Buhari had given Osinbajo, the green light to sign the 2017 budget.   President Buhari in a letter addressed to Budget Minister, Udoma Udo Udoma said it is in the interest of …

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NASS Expenditure On Travels, Meals, Generators A Call For Restructuring-Analysts    Having remained a one-liner document shrouded in secrecy for many years, details of the Budget of Nigerian National Assembly goes into public domains this year and while many feel the expenses are outrageous, others see it as a call for political restructuring, writes TAYO OLANIPEKUN.    Some of the …

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The Minister of Budget and National Planning, Senator Udoma Udo Udoma has said that the country’s economic situation is changing for the better as the macroeconomic environment is being stabilized and inflation rate trending downwards in the last two months.   According to him, government interventions, particularly in fixing the broken infrastructure, is making impact and there are positive signs …

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As the capital component of the 2016 budget completed it cycle on May 5, 2017, the Ministry of Finance disclosed thursday that it had so far released N1.2 trillion of the N3trillion capital vote to various ministries, departments and agencies (MDAs) of the government. According to a statement issued by the Director of Information) on the ministry, Mr. Salisu Na’Inna …

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