Rep Members Reject Renovation Of National Assembly With N37bn

Reactions have continued to trail the proposed N37 billion meant for the renovation of the National Assembly. This time, some members of the House of Representatives, through a series of tweets rejected the amount earmarked to embark on the project. In their tweets, three lawmakers – Bamidele Salam, Akin Alabi, and Legor Idagbo – shared... Continue Reading →

Buhari Restricts Ministers’ Entourage For Overseas Trip To Four

The President, Major General Muhammadu Buhari (retd.), has restricted ministers from having more than four people in their entourage when embarking on an overseas trip. The Minister of Information and Culture, Alhaji Lai Mohammed, reiterated this on Monday in Lagos at a media briefing to present the achievements of the Buhari regime for 2019. According... Continue Reading →

ICYMI: 2020 Budget Good But Not 100%, Says Presidency

The Presidency said on Sunday that the President, Major General Muhammadu Buhari (retd.), was backed by law to return any portion of the 2020 budget that required reworking to the National Assembly. It noted that the budget was “good enough”, having come from a collaborative effort by the Executive and the National Assembly, but added... Continue Reading →

Breaking: Buhari To Sign 2020 Budget Tuesday

Barring any last-minute change of plans, President Muhammadu Buhari will sign the 2020 budget on Tuesday, Sahara Reporters. The budget when signed into law is expected to run from January to December 2020. The signing of the 2020 budget comes just over two months after Mr. Buhari presented it to the National Assembly for consideration... Continue Reading →

Debt Takes N2.7tn As National Assembly Passes N10.6tn Budget

the Senate and the House of Representatives on Thursday concurrently passed the 2020 Appropriation Bill, raising the total estimates from the proposed N10.33tn to about N10.6tn Punch NG reports. The passage followed the consideration and unanimous adoption of the reports by the Senate and House Committees on Appropriations on the bill. The bill passed the... Continue Reading →

Reduce Operational Costs – Buhari Tells Revenue Agencies

As part of measures to bolster the federal government finances, President Muhammadu Buhari has directed revenue generating agencies to drastically cut down their operational costs THISDAY LIVE reports. The directive is coming as the nation’s annual fiscal plans have been hamstrung by a serious mismatch between revenue targets and actual receipts. In an interview on... Continue Reading →

#2020 Budget: Buhari, Osinbajo To Spend N3.3bn On Foreign, Local Trips & N149m For Foodstuffs

President Muhammadu Buhari and Vice-President Yemi Osinbajo will spend a total of N3.327bn on foreign and local trips in 2020. The figure is contained in the details of the 2020 Appropriation Bill that Buhari presented to a joint session of the National Assembly on Tuesday. The item was tagged Travel and Transport (General) under State... Continue Reading →

“Buhari’s Budget Is Senseless, We Will Re-Do The Whole Thing” – Nigerian Senate

Senators yesterday criticized the N10.33 trillion 2020 budget presented by President Muhammadu Buhari for lacking the capacity to boost growth, declaring they would “take over” and “redirect” the economy. ⁣ ⁣ Leading the debate, Senate Majority Leader Yahaya Abdullahi said: “The Capital Budget to GDP Ratio is rather too small, (about two percent of GDP).” According to... Continue Reading →

“2020 Budget not in Nigeria’s Interest” – PDP Cries Out

The Peoples Democratic Party (PDP) has urged the national assembly to redirect the 2020 budget to areas that would better serve the interest of the majority of Nigerians. Kola Ologbondiyan, national publicity secretary of the party, made the assertion in a statement on Tuesday after President Muhammadu Buhari had presented a N10.33 trillion budget to... Continue Reading →

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