Budget 2012: FG removes duty from power equipment, machinery

Budget 2012: FG removes duty from power equipment, machinery

The Federal Government has said effective from January end 2012, power equipment and machinery will attract zero duty as contained in President Goodluck Jonathan’s 2012 National Budget Appropriation Bill, tabled before the National Assembly on Tuesday in Abuja.
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ACN senators to oppose oil subsidy removal

ACN senators to oppose oil subsidy removal

The Senator representing Osun East Senatorial District in the National Assembly, Babajide Omoworare has declared that senators elected on the platform of the Action Congress of Nigeria, ACN, will continue to fight against the move by President Goodluck Jonathan to remove oil subsidy.

Enugu approves N4bn road contracts

Enugu approves N4bn road contracts

Enugu State government has approved the award of contracts to the tune of over N4 billion for the construction of four major roads in parts of the State.

SHARING THE FEDERAL CAKE: The legislative steps in budget making

SHARING THE FEDERAL CAKE: The legislative steps in budget making

President Goodluck Jonathan’s presentation of the N4.749 trillion 2012 budget proposals yesterday kick-started the official process for the enactment of a budget for the Federal Government. Beyond the ceremony and the accompanying grandeur

FG appropriates N78.98bn for agric sector

FG appropriates N78.98bn for agric sector

President Goodluck Jonathan, yesterday, announced a budget allocation of N78.98 billion for the Ministry of Agriculture & Rural Development for the 2012 fiscal year.