Budget: Govt Should Give Infrastructure Funding Priority, Says Expert

Federal Government should ensure that a large part of the of the N8.6 trillion budget for 2017 targets infrastructure, Chief Executive Officer, BudgiT, a civic organization promoting transparency in governance,  Seun Onigbinde, has said. Speaking yesterday during the maiden edition of the ‘Meet-The-Executive’ organized by the Finance Correspondents Association of Nigeria (FICAN) in Lagos, Lagos, he […]

Buhari proposes N8.6trn budget for 2018

President Muhammadu Buhari has proposed N8.6trn for the 2018 financial year. Buhari made this known at the Joint Session of the National Assembly on Tuesday in Abuja, during the presentation of the 2018 Budget Proposal. The President assured that the 2018 budget would be a consolidation of the earlier ones, noting that 2018 is expected […]

Govt to float $2.5b Eurobond to bridge 2017 budget

The Debt Management Office (DMO) said yesterday  the Federal Government would float Eurobond to raise 2.5 billion dollars before December. DMO Director-General Patience Oniha stated this at the 2017 Nigerian Debt Capital Markets Conference and Awards, organised by the FMDQ OTC Securities Exchange in Lagos. She said the borrowing would enable the country to bridge […]

FG inaugurates Technical Working Group on Road Safety

· Establishes capital project development framework for critical road projects In its determined effort to enhance safety, security and comfort on the roads, the Federal Government has established a robust capital project development framework to encourage and increase public-private partnerships to deliver critical road projects. Minister of Budget and National Planning, Senator Udoma Udo Udoma who […]

‘2018 budget MTEF unrealistic, below standard’

The Centre for Social Justice (CSJ) has said that the Medium Term Expenditure Framework 2018-2020 for the proposed N7.9 trillion 2018 budget does not meet standard and is unachievable. The lead director of the centre Eze Onyekpere said in a statement that beyond the slides presented by the Minister of Budget and National Planning Udoma […]

Budget Minister continues consultations, explains projections for MTEF and FSP for 2018-2020

The Minister of Budget and National Planning, Senator Udoma Udo Udoma at the weekend took the 2018-2020 MTEF and FSP consultations exercise to Lagos where he met with civil society organizations (CSOs), private sector operators (PSO) and the general public. The Minister presented draft proposals for the Medium Term Fiscal Framework/Fiscal Strategy Paper (MTFF/FSP) 2018-2020 […]

Budget Minister consults with National Assembly on 2017 – 2020 MTEF

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 […]