Budget 2018? What did we learn from budget 2017?

Senate considers President Buhari’s virement request

The Senate has announced that it has begun work on President Muhammadu Buhari’s virement request – Bukola Saraki has therefore referred the request to Committee on Appropriations. Osinbajo had in July, submitted the N135.6 billion virement proposal to the National Assembly – a period when he was the Acting President; as Buhari was receiving treatment... Read More

2017 budget, nigerian senate, President Muhammadu Buhari, Virement

September 28, 2017

Senate summons Adeosun, Udoma over 2017 budget

The Nigerian Senate has asked the Minister of Finance, Kemi Adeosun and the Minister of Budget and National Planning, Senator Udoma Udo Udoma to appear before its Joint Committee on Finance and Appropriation on Tuesday, October 3. Highlights: The Senate, which had on September 26, asked the ministers to appear before it in plenary to... Read More

2017 budget, kemi Adeosun, nigerian senate, Senator Udo Udoma

July 27, 2017

FG to present 2018 budget to NASS in October

Nigeria’s Federal Government Thursday, said it would submit the 2018 budget to the National Assembly in October this year. The Minister of Budget and National Planning, Senator Udo Udoma said this in Abuja during a public dialogue with top government officials, members of Civil Societies Organisation, and the Organised Private Sector and others on the... Read More

2017 budget, 2018 budget, Minister of Budget and Planning, Udo Udoma

July 26, 2017

Nigeria may stay longer in recession – Emefiele

Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, says Nigeria may stay longer in recession if bold policies are not activated to support the current fragile growth. Speaking after the monetary policy meeting on Tuesday, Emefiele said forecast available to the committee shows that Nigeria’s recovery from recession remains very fragile and must be... Read More

2017 budget, Godwin Emefiele, kemi Adeosun, recession

July 18, 2017

All savings from Nigeria’s oil cannot fund 20% of 2017 budget – NEITI

Nigeria Extractive Industry Transparency Initiative (NEITI) highlights that savings from oil products cannot fund 20 percent of 2017 budget. In its second occasional paper series unveiled by its executive secretary, Waziri Adio, NEITI said, according to TheCable, “Nigeria has about three decades of experience in implementing different oil revenue funds. However, attempts at oil revenue savings... Read More

2017 budget, NEITI, Nigeria's oil, oil products

July 13, 2017

Oil prices will affect capital projects in 2017 budget – Kachikwu

Current oil prices and production levels will affect some capital projects in Nigeria’s 2017 budget, says the Minister of State for Petroleum Resources, Ibe Kachikwu. Speaking at a press conference in Abuja on Wednesday, Kachikwu added that the Ministry of Finance is working hard to find alternative sources of funds for the budget. “In terms... Read More

2017 budget, Ibe Kachikwu, Ministry of Finance, ministry of state for petroleum resources, Oil prices

June 20, 2017

The YNaija Tracklist: Over 50 percent registered Kogi West voters approve Melaye’s recall | Northern youth want to drag Nigeria into another war – Ohanaeze | More stories

From the papers this morning – a tracklist. Over 50 percent registered Kogi West voters approve Melaye’s recall – YNaija Newspaper publishers still angry over refund of Dasuki bribe – EFCC – YNaija Northern youth want to drag Nigeria into another war – Ohanaeze – YNaija Buhari’s statements gave anti-Igbo campaigners confidence – Fayose –... Read More

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2017 budget, Ayodele Fayose, dino melaye, EFCC, Ohanaeze Ndigbo, Sean Spicer, senate, The YNaija Tracklist

June 20, 2017

We will fund part of 2017 budget with recovered loots – FG

The Federal Government on Monday sais it will use part of the looted funds recovered so far to partly finance the 2017 budget. Minister of Budget and National Planning, Senator Udoma Udo Udoma, said this at the 2017 budget breakdown in Abuja. He said the total revenue projected was N5.08 trillion, with 11 per cent... Read More

2017 budget, looted funds, Minister, revenue, Udo Udoma

June 19, 2017

2017 Budget Series: In defence of Yemi Osinbajo – Abdulmumin Jibrin

Suspended House of Representatives member, Abdulmumin Jibrin has said that Yemi Osinbajo’s statement on the 2017 budget is ‘a harmless remark’. In a series of tweets, the lawmaker defended the Acting President, saying he only needed ‘assurance of commitment’ from the National Assembly to restore lifeted funds. He wrote, “The Acting President made what, in... Read More

2017 budget, Abdulmumin Jibrin, national assembly, Yemi Osinbajo

June 13, 2017

2017 budget, President Muhammadu Buhari, Professor Yemi Osinbajo, YNaija Says

YNaija Says: The 2017 budget has been passed but the delay was unnecessary

Six months after President Muhammadu Buhari presented the 2017 Appropriation Bill to the National Assembly and a month after it was passed by the both houses of the Assembly, the 2017 budget has been finally signed into law. In this period, the budget was subjected to numerous intrigues, delays and controversies that were unnecessary and... Read More

Thinking Through

June 13, 2017

N’Assembly has no right to introduce new projects into the budget – Osinbajo

Acting President Yemi Osinbajo has said the National Assembly has no right to introduce new projects during consideration of national budgets, The Nation reports. Osinbajo said this while speaking at the Flag-off of the 2018 Budget and ERGP Implementation Plan Development Process by the Ministry of Budget and National Planning at the old Banquet Hall... Read More

2017 budget, budget, national assembly, new prpjects, Yemi Osinbajo

See photos of Acting President Osinbajo signing the 2017 budget

Acting President, Yemi Osinbajo has signed the Appropriation Bill into law. Osinbajo tweeted, “I just signed 2017 Budget into law. It’s an important milestone in our economic recovery & growth plan laid in April by President Buhari,” The 2017 National Budget worth N7.44 trillion was passed by the National Assembly on 11 May. The signing... Read More

2017 budget, Appropriation Bill, law, Osinbajo, Saraki

Signing of 2017 budget was delayed by disagreements – Osinbajo

Acting President Yemi Osinbajo has said the delay in the signing of the 2017 budget was due to disagreements on changes made to budget proposals by the National Assembly. He said this in a speech he gave just after signing the 2017 Appropriation Bill to law on Monday. The statement read, “A few minutes ago,... Read More

2017 budget, Acting President, disagreements, Yemi Osinbajo

BREAKING: Acting President Osinbajo signs 2017 budget

Acting President Yemi Osinbajo has signed the 2017 budget. The Presidency had earlier announced that President Muhammadu Buhari has directed Osinbajo to sign the budget. According to the Presidency in a series of tweets, Osinbajo signed the budget at 4:40 pm. It wrote, “The 2017 Budget is christened the Budget of Economic Recovery and Growth.” #Budget2017... Read More

2017 budget, Acting President, budget, sign, Yemi Osinbajo

Saraki, Dogara, Adeosun in Aso Rock for signing of 2017 budget (WATCH)

Top government officials have arrived Aso Rock as Acting President Yemi Osinbajo is expected to sign the 2017 budget today. Presidential Spokesperson, Garba Shehu in a statement on Monday said President Muhammadu Buhari directed Osinbajo to sign the budget. Those awaiting the Actimg President at the Aso Villa include Senate President Bukola Saraki, Speaker of... Read More

2017 budget, Aso Rock, Bukola Saraki, signing, Yakubu Dogara, Yemi Osinbajo

Buhari directs Osinbajo to sign 2017 budget

President Muhammadu Buhari has directed Acting President Yemi Osinbajo to sign the 2017 appropriation bill into law. Garba Shehu, presidential spokesman in a statement on Monday said Buhari indicated that signing the budget was in the interest of the country. “Following the receipt of a full brief on the 2017 appropriation bill as passed by the... Read More

2017 budget, direct, President Muhammadu Buhari, Yemi Osinbajo

Will Osinbajo sign the 2017 budget this week?

by Alexander O. Onukwue Few weeks to the end of the 2016 Fiscal year, the 2017 Budget is yet to be assented to by the Executive, currently led by Prof Yemi Osinbajo. The budget, which has been passed by the National Assembly, was due to be signed by the Acting President on the 1st of... Read More

Story of the day, Thinking Through

2017 budget, national assembly, Presidency, Story of the day, week, Yemi Osinbajo

2017 budget, Presidency, President Muhammadu Buhari, Yemi Osinbajo, YNaija Editorial

YNaija Editorial: The delay in signing the 2017 budget is unacceptable

A couple of weeks ago, we published a mini-editorial on the madness and endless controversies around the 2017 budget that was recently passed by the National Assembly. Although the budget is far from perfect and the issues we raised around it still remain valid, we were at least happy that it had been passed and... Read More

Featured, Thinking Through

The Big 5: These are the stories you should be monitoring today

These are the top five stories you should monitor today. How we uncovered Dammy Krane’s credit card fraud – TapJets Private jets company, TapJets, which handed over singer Dammy Krane to the police has narrated how the fraud was detected. Krane was arrested after attempting to book a private jet with stolen credit card. 2. I... Read More

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2017 budget, 2019 Elections, Bukola Saraki, London Attack, The Big 5

I am confident presidency will sign 2017 budget soon – Saraki

Senate President Bukola Saraki has said Nigerians should not be apprehensive whether the Presidency will sign the 2017 budget or not. In an interview with journalists in Ilorin, the Kwara State capital, on Sunday, Saraki said he was confident the Presidency will sign the budget very soon. He said, “There was a comment I read... Read More

2017 budget, banks, Bukola Saraki, interest rates, Presidency, sign

June 3, 2017

No plans by Presidency to reject 2017 budget – Enang

Senior Special Assistant to the President on National Assembly matters, Ita Enang on Saturday said the Presidency does not plan to reject the 2017 Budget. Enang made this known in a statement he issued on Saturday in Abuja. “There is no such plan by it to reject the 2017 budget passed by the National Assembly as... Read More

2017 budget, Ita Enang, Presidency, reject, senate

June 1, 2017

For the Presidency, Calabar getaway is a welcome distraction from the 2017 budget

by Alex Onukwue On Wednesday evening major online news platforms reported that the Acting President, Professor Yemi Osinbajo would sign the 2017 budget on Thursday morning, with Senate President Bukola Saraki expected to join in the ceremony. Later that day, Osinbajo’s media aide, Laolu Akande, said, in a tweet, that “consultations” were still on-going on... Read More

Story of the day, Thinking Through

2017 budget, calabar, Presidency, Story of the day, Yemi Osinbajo

June 1, 2017

2017 budget still under review – Osinbajo’s media aide

The media aide to acting president, Yemi Osinbajo, Laolu Akande, has given an update on the 2017 budget. Using Twitter, Akande said, “consultations still going on between Presidency and National Assembly to resolve some identified issues.” Just an update on the 2017 budget: Consultations still going on between Presidency & National Assembly to resolve some... Read More

2017 budget, Laolu Akande, Yemi Osinbajo

May 31, 2017

2017 budget signing reportedly postponed

Contrary to earlier reports that the 2017 budget will be signed by 9 am on Thursday, the Special Assistant to the President on National Assembly (Senate), Senator Ita Enang, has said no date has yet been fixed for the signing of the 2017 budget. He stated, according to Punch, “Further to several enquiries regarding action on... Read More

2017 budget, Ita Enang, Yemi Osinbajo

May 30, 2017

The Big 5: These are the stories you should be monitoring today

These are the top five stories you should be monitoring today. 1. I will soon sign the 2017 budget into law – Osinbajo Acting President Yemi Osinbajo has hinted that the 2017 budget will soon be signed. 2. Anyone earning N30,000 can own a house under BuharI administration – Osinbajo Acting President Yemi Osinbajo said... Read More

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2017 budget, dino melaye, NBA, Osinbajo, University of Ibadan, Yahaya Bello

May 30, 2017

I will soon sign the 2017 budget into law – Osinbajo

Acting President Yemi Osinbajo has hinted that the 2017 budget will soon be signed. He gave the hint in his nationwide broadcast commemorating the country’s Democracy Day and the second anniversary of the present administration on Monday. [Read Also: #OPENNASS: FULL DETAILS OF THE NATIONAL ASSEMBLY BUDGET] He said the implementation of the 2017 budget would help... Read More

2017 budget, democracy day, law, sign, Yemi Osinbajo

May 25, 2017

Why Osinbajo should not sign the 2017 budget – Civil rights lawyer

A lawyer and pro-democracy activist, Tunji Abayomi, has warned the acting President, Yemi Osinbajo, not to sign the 2017 budget, saying the figures of the said budget was increased by the National Assembly. According to Sahara Reporters, Abayomi, said this in a letter, dated May 23, describing the NASS decision to increase the 2017 budget... Read More

2017 budget, national assembly, Tunji Abayomi

May 23, 2017

#OpenNASS: Full details of the National Assembly budget

by Omoleye Omoruyi The National Assembly, on Tuesday, published the details of the NASS 2017 budget. The National Assembly had previously published a rough draft of the said budget, before the passage of the 2017 Appropriation Bill. Below are the details of the budget in documents as published on Twitter: Document 1 Document 2 Document 3 Document... Read More

2017 budget, national assembly, OpenNASS

May 23, 2017