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Tag: 2016 budget
FG gives breakdown of N1.2trn released for capital projects in 2016
by Omoleye Omoruyi The Federal Ministry of Finance in a statement signed by the ministry's Director of Information, Salisu Na'inna Dambatta, gave the breakdown of the N1.2 trillion released for…
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The Big 5: These are the stories you should be monitoring today
These are the top five stories you should monitor today. Why it is difficult to trace and recover stolen monies – Osinbajo Vice President Yemi Osinbajo on Thursday said most…
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The YNaija Tracklist: NNPC N11bn debt: DSS quizzes Ifeanyi Ubah | Senate embraces Buhari’s peace moves | More stories
From the papers this morning – a Tracklist. Why it is difficult to trace and recover stolen monies – Osinbajo - YNaija NNPC N11bn debt: DSS quizzes Ifeanyi Ubah -…
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2017 appropriation bill: FG extends tenure of 2016 budget
by Azeez Adeniyi The Federal Government has extended the tenure of the 2016 national budget until when the 2017 appropriation bill is signed into law. This was after a meeting…
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Just In: Senate approves $500m Eurobond to fund 2016 budget deficit
The senate has approved the Federal Government's request to borrow $500 million out of the $1 billion Eurobond from the International Capital Market (ICM). This was after it was put…
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My ministry got only 53 per cent of its 2016 budget – Fashola
Minister of Power, Works and Housing, Babatunde Fashola has said the ministry received only 53 per cent of the over N300bn appropriated to it 2016. Fashola said this at the ongoing…
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We have implemented N3.58trn of the 2016 budget – Buhari
The Federal Government has implemented about N3.58tn out of the N6.08tn for the 2016 Budget, President Muhammadu Buhari said on Wednesday. Buhari said this while presenting the N7.28trn 2017 budget…
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2016 budget performing at 79 per cent – FG
The Federal government on Friday gave a breakdown of the performance of the 2016 budget. This is contained in a statement by the Media Adviser to the Minister for Budget…
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[The Presidential Blog]: Let’s talk about the sale of the Presidential aircraft
Let us start here: There are currently 10 aircraft in the Presidential fleet and the administration of PMB has spent an estimated NGN 5.3billion on maintenance according to this piece by…
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2016 budget to be funded by sale of national assets – FG
The Federal Government on Saturday said the sale of national assets were needed to fund the 2016 budget. This is contained in a statement issued by the Minister of Budget…
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#Budget PaddingTracker: EFCC begins probe against Speaker Dogara
The Economic and Financial Crimes Commission (EFCC) has begun investigations into allegations of “budget padding” levelled against speaker of the House of Representatives Yakubu Dogara, speaker of the house of…
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Reps question non-implementation of N500billion social welfare budget
The House of Representatives on Tuesday raised questions regarding N500bn budgeted by the Federal Government in the 2016 budget for job creation and provision of other social services to vulnerable people.…
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Budget-Padding Tracker: ‘I’m not above the law – Dogara
Speaker of the House of Representatives Yakubu Dogara has finally broken his silence on the budget padding allegations leveled against him by a former chairman of the Appropriation Committee, Abdulmumin…
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Buhari didn’t sign a padded budget – Presidency
The 2016 national budget signed by President Buhari was not padded, the Presidency said on Tuesday. This claim was made by the Senior Special Assistant to the President on National Assembly…
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Budget-Padding Tracker: I received 1.4bn for constituency projects – Leo Ogor
Minority Leader of the House of Representatives, Leo Ogor, has stated that he received the sum of 1.4bn Naira for constituency projects in the 2016 budget. Ogor made the disclosure while…
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Budget-Padding Tracker: 3 versions of 2016 budget submitted to police
Ousted House of Representatives Appropriations Committee chairman Abdulmumin Jibrin yesterday sent three versions of the 2016 budget to the police as the force began investigations of his allegation of padding.…
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Just In: Jibrin meets with APC leaders over budget padding allegations
The former Chairman of the House of Representatives Committee on Appropriations, Abdulmumin Jibrin is currently in a meeting with the leadership of the All Progressives Congress (APC), following his claims that Speaker…
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Budget-Padding Tracker: Will Dogara suspend Jibrin from the House?
Following pressure from members of the House, Speaker of the House of Representatives, Yakubu Dogara, may suspend former Appropriation Committee chairman, Abdulmumin Jibrin, the Nations reports. According to sources who…
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Opinion: No nation develops in ease and quiet
As development stories go, no nation develops in ease and quiet. After exertion comes enjoyment and the most massive nations are seared with scars. I am not a religious man…
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‘I hear your cries, I share your pains’ | 11 key quotes from Buhari’s budget signing address
President Muhammadu Buhari signed into the law, the 2016 budget on Friday, May 6 - almost six months after submitting the document to the National Assembly. During the budget signing…
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Finally, President Buhari signs 2016 budget into law
After months of political wrangling between the National Assembly and Presidency, the Nigerian President, Muhammadu Buhari, on Friday, signed the 2016 Appropriation Bill into law. The budget was signed at…
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After 3 dirty copies, Buhari to receive ‘clean’ 2016 budget today
#TheNewsIn5Lines: At this point, even a deaf mute would be aware of the seemingly endless back and forth between President Muhammadu Buhari and the National Assembly over the 2016 budget.…
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Presidency awaits return of budget
Reports have it that members of the special committee raised by the Presidency to work with the National Assembly to fine-tune the 2016 budget, are still working on the document.…
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NASS to return ‘corrected’ 2016 budget to presidency today
The reconciliation committee of the National Assembly, set up to work on the controversial 2016 budget, is set to return the corrected bill to the Presidency on Saturday, April 30.…
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Buhari to sign 2016 budget ‘in a matter of days’
The Executive and the National Assembly appear to have resolved the seemingly unending impasse over the 2016 budget. Consequently, President Muhammadu Buhari is expected to sign the document into law…
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‘Budget crisis to be resolved this week’
The spokesperson of the House of Representatives, Abdulrazak Namdas, on Sunday, absolved the National Assembly of any fault in the 2016 budget crisis, saying that the crisis arose because President…
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Buhari returns budget to National Assembly, demands adjustment
The last is yet to be heard about the controversial 2016 budget as President Muhammadu Buhari is reported to have officially returned the bill to the National Assembly, with a…
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‘We are still talking’ | 2016 budget signing not happening soon
At the moment, the Federal Government cannot give a specific date when the 2016 budget would be signed into law. While Nigerians groan and grumble over the continuous delay in…
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Senator confirms ‘Lagos-Calabar railway project’ was included in 2016 budget
The controversy around the 2016 budget appears to have deepened as the Chairman Senate Committee on Land Transport, Senator Gbenga Ashafa (Lagos East), on Monday, stated that the executive actually…
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5 aspects of the budget Presidency claims was ‘changed’ by NASS
The Presidency has handed down details of the alleged distortion of the 2016 budget to the leadership of the National Assembly. The federal government made the details available to the…
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YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy
YMonitor
- Beyond the Power Struggle: Why a Strong Opposition Party is Crucial for Nigeria’s Democracy
- The Importance of Impartial Reporting in Nigeria’s Democracy
- Understanding the Role of Election Tribunals in Nigeria’s Electoral Process
- The Importance of Active Citizenship Beyond the Voting Booth
- How Ethnic Baiting is Undermining Nigeria’s National Security and Democracy