Buhari sends 2016 budget back to Ministries for another review

Buhari sends 2016 budget back to Ministries for another review

President Muhammadu Buhari has sent the 2016 Appropriation Bill estimate back to the federal ministries for critical review of the alterations made by the National Assembly. The 2016 budget was passed into law by the National Assembly last week after the document had been debated, modified and reduced from its original figure of N6.08 trillion... Read More

2016 budget, Buhari, review

April 8, 2016

2016 budget: Vice President meets with ministers (PHOTOS)

Following the receipt of the details of 2016 Appropriation Bill from the National Assembly, the executive arm of government has began scrutiny into the budget before the President can assent to it. Members of the Federal Executive Council (FEC), on Friday, converged at the State House in Abuja to analyze the bill. However, President Muhammadu... Read More

2016 budget, fec, Osinbajo

April 8, 2016

2016 Budget: Presidency unveils 6 strategic, 30 priority plans [DETAILS]

Following the receipt of the 2016 budget details from the National Assembly, the Federal Government has laid down six strategic plans and 30 priority plans of the President Buhari administration. Presented by Vice President Yemi Osibanjo, the strategic implementation plan – which includes diversification of the economy and national security – is expected to cover... Read More

2016 budget, Buhari, osibanjo, preisdency

April 7, 2016

2016 budget details sent to Buhari… for assent

President Muhammadu Buhari has received the details of the 2016 Appropriation Bill from the National Assembly. Buhari had maintained that he must thoroughly peruse and scrutinize the 2016 budget details before assenting it. The 1,800-page budget details was on Thursday, signed for and collected on behalf of the President by the Chief of Staff, Abba... Read More

2016 budget, president buhari

April 2, 2016

Budget delay: ‘Don’t point fingers at Buhari’ – Presidency

The Presidency has said President Muhammadu Buhari should not be made a scapegoat for the delay in assenting into law, the 2016 Appropriation Bill. According to the Special Adviser to the President on Media and Publicity, Femi Adesina, the fact that the details of the budget isn’t ready has prevented President Buhari from signing the... Read More

2016 budget, assent, delay, signing

March 30, 2016

YNaija Editorial: Now that the Budget has been passed

Three months after the 2016 Appropriation Bill was presented to a joint session of the National Assembly by President Muhammadu Buhari, both the Senate and the House of Representatives individually passed the bill within the same day after they received the report on the budget from the respective committees on appropriations a day earlier. The... Read More

Featured

2016 budget, budget, nigeria, passed

March 30, 2016

Why President Buhari can’t sign 2016 budget just yet

The 2016 Appropriation Bill will not be signed into law by President Muhammadu Buhari, pending the time when the National Assembly would make the details of the document available to the president. After series of controversies and alterations, the Nigerian National Assembly had last week Wednesday, passed a budget of N6.06 trillion. The document was... Read More

2016 budget, Buhari, signing

March 23, 2016

THE YNAIJA TRACKLIST: Timi Frank feels ‘insulted’ by Oyegun | Kashamu has no chill | Trump ‘has something’ on Ted Cruz’s wife | More stories

PDP member arraigned for calling Kashamu drug baron. Vanguard Anti-Saraki Senators turns around to support Saraki. Premium Times Oyegun, Frank trades words over the role of APC publicity secretary. Leadership Fayemi ignores summons by Ekiti assembly over missing N852m UBEC fund. Punch Okorocha appoints new SSG. Vanguard Death Of Reps Member delays passage of 2016... Read More

2016 budget, Brussels, dickson, EFCC, Reps, Tompolo, tracklist

March 22, 2016

Senate to ‘concentrate’ on passing 2016 budget this week – Saraki

After months of drama and plot twists, the report on the 2016 Appropriation Bill has finally been received by both chambers of the National Assembly. It would be recalled that the 2016 Appropriation Bill was presented to the National Assembly by President Muhammadu Buhari on December, 2015. However, the passing of the bill was delayed... Read More

2016 budget, House of Representative, report, senate

March 22, 2016

‘2016 budget is ready, will be passed tomorrow’

A member of the Federal House of Representatives, Abdulmumin Jibrin, who represents Kiru/Bebeji Federal constituency of Kano State, has stated that the 2016 budget is ready and will be passed on Wednesday. Jibrin, who serves as the Chairman House Committee on Finance, in a series of tweets, noted that the 2016 budget has been the... Read More

2016 budget, House of Representative, Jibrin

March 17, 2016

25 fresh errors discovered in 2016 budget, N37bn to be thrown out [DETAILS]

About 25 fresh errors amounting to an allocation of N37, 025, 238, 407, have been discovered in the 2016 Appropriations Bill. The errors were reported to have been discovered by the National Assembly committees at the last stage of the budget’s consideration. The Senate Committee on Appropriation and the House Committee on Appropriation as well... Read More

Featured

2016 budget, 25 errors, passage

March 8, 2016

2016 budget is indeed ‘achievable’ as oil prices rise to all-year high of $39

The global price of crude oil has risen to above $39 per barrel, surpassing Nigeria’s 2016 budget benchmark of $38 per barrel. In January, the federal government was heavily criticised for pegging the benchmark at $38 per barrel in spite of the continuous global crash of crude oil prices. At the time, the Minister for... Read More

2016 budget, benchmark, Oil prices

March 4, 2016

2016 budget: Buhari’s N500bn special intervention fund under threat

The joint committee on appropriation, on Thursday, stated that the N500 billion intervention fund in the 2016 budget is not feasible as there is no well outline strategy for its implementation. This was made known by the Chairman Senate Committee on Appropriation, Sen. Danjuma Goje, while speaking at an interactive session with the Ministry of... Read More

2016 budget, senate, special intervention fund

February 21, 2016

Saraki is blackmailing Buhari with 2016 budget – Senator Marafa

Spokesperson of the Senate Unity Forum, Senator Kabir Marafa, has demanded that Senate President, Bukola Saraki, be suspended for blackmailing the presidency with the 2016 Appropriation Bill. Marafa alleged that Saraki was behind the condemnation of the budget simply because of his ongoing trial at the Code of Conduct Tribunal. It would be recalled that... Read More

2016 budget, Bukola Saraki, Senate Unity Forum

February 21, 2016

‘Nobody can accuse this government of padding any budget’ – Lai Mohammed

The Minister of Information and Culture, Lai Mohammed, on Saturday, said that 2016 Appropriation Bill was not padded, noting that the total figure that was voted for all the ministries in the budget did not exceed N6.08 trillion. Mohammed stated this while speaking with newsmen in Lagos. He said: “The total for every ministry has... Read More

2016 budget, Buhari, lai mohammed, padding

February 18, 2016

Buhari orders ‘complete purge’ of Budget Office

President Muhammadu Buhari has reportedly ordered a comprehensive reshuffling of staff in the Budget Office as a result of the padding of the 2016 budget as well as the inconsistencies and errors therein. The President is believed to have issued the directive as a result of the widespread criticisms from Nigerians over the state of... Read More

2016 budget, Budget office, president buhari, sacking

February 16, 2016

2016 Budget: ‘Mere sacking won’t remove the stain on Nigeria’ – Fayose

The Ekiti state governor, Ayodele Fayose, on Tuesday, stated that sacking of the Direcor General of Budget, Yahaya Gusau, and his subsequent replacement will not change the national disgrace caused by the 2016 budget. Fayose also said the budget ought to be withdrawn and a new budget presented, instead of making one person a scapegoat.... Read More

2016 budget, Buhari, dirctor of budget, Fayose, sack

February 15, 2016

‘This budget was done in a rush’ – Senate Leader, Ali Ndume

Senate Leader, Ali Ndume, on Monday admitted that the 2016 budget of the federal government was hastily put together. After a meeting with President Buhari, the Senate Leader revealed to State House correspondents at the Presidential Villa, that the document was rushed before submission to the National Assembly. Ali Ndume however, said the Executive and... Read More

2016 budget, Ali Ndume, rushed

February 12, 2016

Presidency orders immediate investigation of ‘2016 budget padding’

Following the recent outcry over the inconsistencies in the 2016 budget and the subsequent indefinite suspension of deliberation on the bill, the Presidency has ordered an investigation into the allegation of padding of allocation in the 2016 Appropriation Bill. According to Premium Times, President Muhammadu Buhari has ordered for all inconsistencies, ambiguities and errors to... Read More

2016 budget, Buhari, Minister

February 10, 2016

We can’t pass 2016 budget, it contains ‘too many errors’ – National Assembly

The 2016 budget submitted to the National Assembly by President Muhammadu Buhari, cannot be passed as scheduled, owing to the inconsistencies and anomalies present therein. After weeks on controversies that have sprung up in relation to the budget- on Tuesday, February 9, the two arms of the National Assembly affirmed that the 2016 budget contained... Read More

2016 budget, errors, national assembly, nigeria

February 9, 2016

Directors, Permanent Secretaries in worry-mode over probe of inflated 2016 budget

Directors and permanent secretaries in ministries, departments and agencies of government are said to be jittery over the Presidency’s claims that the 2016 budget was inflated and over-bloated. The Presidency had over the weekend, revealed that a ‘mafia in the civil service’ had sabotaged the Federal Government’s budget The unnamed mafia were said to have... Read More

2016 budget, inflation, ministries, padding, Presidency

February 7, 2016

We have ‘no reason to mislead’ Nigerians on 2016 budget – Presidency

The Presidency has said that the N6.08 trillion budget that was presented to the Senate by President Muhammadu Buhari- is still open to comments and criticism from the public. This was disclosed in a statement by the Senior Special Assistant to the President on Media and Publicity,Garba Shehu on Sunday. Shehu said the present administration... Read More

2016 budget, Buhari, criticism, Presidency

February 7, 2016

Buhari to fire ‘mafia in civil service’ over controversial 2016 budget

President Muhammadu Buhari is set to fire some top civil servants who allegedly sabotaged the efforts of the government to present a budget that is prudent and frugal at best. Two top level civil servants to Sahara Reporters that “bureaucratic resistance and entrenched systemic corrupt practices dogged every move by the Presidency during the preparation... Read More

2016 budget, Buhari, Presidency, service

February 3, 2016

‘I will reply Obasanjo using the right platform’ – Saraki

The Senate President of Nigeria, Olubukola Saraki, has stated that the National Assembly is making moves to ensure that there is transparency in its budgeting. In recent times, the legislative arm has come under heavy bashing from critics and most notably, ex-president Olusegun Obasanjo for the unusual nature of the budgeting of the National Assembly. The... Read More

2016 budget, Bukola Saraki, corruption, national assembly

February 1, 2016

FG hasn’t yet applied for loans from World Bank

Owing to the present state of the economy, speculations have been rife that Nigeria intends to borrow $3.5 billion in emergency loans from the World Bank and African Development Bank (AFDB). The purported loan is expected to help the country shore up the wide deficit in the 2016 budget. US-based news platform- Financial Times reported on... Read More

2016 budget, AfDB, borrow, economy, nigeria, World Bank

January 28, 2016

Opinion: What the future holds for education in Kwara state

While hopes have been somewhat rekindled on the wheels of the CHANGE that took over governance in Nigeria with modified focus and awakened consciousness both on the side of the government and that of the governed, democracy in Nigeria has turned out more promising than ever before. This is not limited to the federal level;... Read More

2016 budget, education, future, kwara

January 16, 2016

Foreign Affairs Ministry budgets N1.1bn to buy computer software

The 2016 Appropriation Bill submitted by President Muhammadu Buhari to the 8th Assembly has been the subject of many heated controversy and discourse. More drama ensued when the document was reportedly pilfered from the Senate as the copy submitted could not be accessed for consideration by the Assembly. The budget office has however, uploaded a... Read More

2016 budget, details, foreign affairs

January 16, 2016

2016 budget: DSS to spend N1.1bn on construction of office buildings

by Emeka Nwankwo The Department of State Security (DSS), in its 2016 budget, plans to spend N1, 130, 480, 321 on the construction and provision of office buildings. The document did not specify where the structure will be located or why it gulp such an amount of money. The DSS, which is the foremost domestic intelligence... Read More

2016 budget, DSS, solid minerals ministry

January 15, 2016

Health Ministry budgets N297m for ‘computer printers’, N6m for ‘computers’

by Emeka Nwankwo One of the questionable appropriations in the 2016 budget is in the Federal Ministry of Health, where the amount earmarked for computer printers is N203 million more than what was allocated for the purchase of computers. The headquarters of the Health Ministry, in its 2016 budget, plans to spend a whooping sum of... Read More