A Nigerian newspaper and Online version of the Vanguard, a daily publication in Nigeria covering Nigeria news, Niger delta, general national news, politics, business, energy, sports, entertainment, fashion,lifestyle human interest stories, etc
ABUJA—INSTEAD of blaming lawmakers for delaying passage of budgets and thereby delaying execution of projects, some members of the National Assembly have advised President Muhammadu Buhari and the Executive Arm of government to follow due process and present budget proposals on time.
Read More AS Nigeria continues to face revenue challenges despite high crude oil prices, there arises a need for the Federal Government to urgently implement policies aimed at growing and diversifying the country’s shaky revenue base.
Read More But the truth is that we are generally having the wrong discussion. I personally don’t think we have a debt problem, but we have a serious revenue problem, which, if we do not address, will snowball into a debt problem.” Ben Akabueze, Director of Budget in the Ministry of Budget and National Planning. October 24. 2018.
Read More A financial expert, Prof Uche Uwaleke, on Thursday said that the Federal Government’s decision to reduce the size of the 2019 budget to N8.73 trillion would reduce inflation threat.
Read More THE Federal Executive Council, FEC, yesterday, approved the 2019-2021 Medium Term Expenditure Framework, MTEF, and Fiscal Strategy Paper, FSP now to be sent to the National Assembly for its consideration and approval.
Read More The Federal Executive Council (FEC) on Wednesday approved a budgetary proposal of N8.73 trillion for 2019 fiscal year, N400 billion lower than the 2018 budget.
Read More DELTA State Governor, Senator Dr Ifeanyi Okowa on Wednesday presented a budget proposal of N367, 095,083,451 to the State House of Assembly for the 2019 fiscal year.
Read More The Federal Ministry of Finance has released a total of N460 billion for the execution of various capital projects captured in the 2018 Budget.
Read More ASSOCIATION of former Telecoms Employees of Nigeria, ATEN, has accused the Federal Ministry of Finance and the Executive Secretary of Pension Transitional Arrangement Directorate, PTAD, of fraud, corruption and an act of illegality.
Read More CHAIRMAN of the Independent National Electoral Commission, INEC, Prof. Yakuub Mamoud yesterday insisted that despite the delay in the passage of the commission’s budget for the conduct of the 2019 general elections in the country, the dates for the election remained sacrosanct. The INEC boss who said that he was not worried over the budget delay in the National Assembly, also stated that areas of doubts among the lawmakers have been cleared.
Read More ABUJA—Senate President, Dr Bukola Saraki, and Speaker of the House of Representatives, Yakubu Dogara, said, yesterday, that no date had been fixed for the reconvening of the National Assembly to consider the budget of Independent National Electoral Commission, INEC.
Read More A civil society organization, Centre for Social Justice, CSJ, Tuesday, accused the Presidency and the National Assembly of hoodwinking Nigerians and paying lip service to the timely passage of the country’s budget.
Read More In every community, there is a class of people profoundly dangerous to the rest. I don’t mean the criminals. For them we have punitive sanctions. I mean the leaders. Invariably the most dangerous people seek power.” Saul Bellow.
Read MoreThe Founder of Integrity Group, Livingstone Wechie, has urged the Rivers Government to make its budget implementation more open in line with fiscal democracy to carry the people along.
Read More Says naira devaluation will worsen public debt FSDH Merchant Bank has projected that the federal government will borrow up to N2 trillion to finance its budget in 2018, describing the nation’s debt service-to-revenue ratio, which rose to 79 percent in first quarter 2018, Q1’18, as very high and unsustainable. The bank also warned that the
Read More
