2017 budget

January 10, 2017

Reps committed to ending recession – Dogara

The Speaker of the House of Representatives, Yakubu Dogara has assured Nigerians of its unwavering commitment on enacting legislation that will move the country out of recession. Dogara stated this on Tuesday on the floor of the during his address at the resumption of plenary. He assured that the House will implement reforms to the budget... Read More

2017 budget, economy, House of Representatives, recession, Yakubu Dogara

January 9, 2017

Reps won’t rush passage of 2017 budget – Gbajabiamila

Majority Leader of the House of Representatives, Femi Gbajabiamila has said the lower chamber will critically examine the 2017 budget, even though it has to be passed on time for implementation. Gbajabiamila said the budget will be a key discussion when lawmakers resume on Tuesday. He said the lawmakers would not rush the passage of... Read More

2017 budget, Femi Gbajabiamila, House of Teps

January 7, 2017

Opinion: The zoo in Aso Rock

by Adewunmi Emoruwa A Miracle can be described as an illogical occurrence that contradicts prevailing conditions or accepted reality. Nigeria is experiencing harsh times, we are acquainted with the stats. Most recently we are battling with the acute cash shortage of the US Dollar and even the Naira, with reasons alluded ranging from restricted forex inflow as... Read More

2017 budget, Adewunmi Emoruwa, recession, State House budget, zoo

December 28, 2016

2017 budget: FG to purchase N400m cars for former Presidents, VPs

The Federal Government has budgeted N400m for the purchase of cars for former Presidents and their deputies , according to the 2017 appropriation bill before the National Assembly. The money is part of the N9.882bn budgeted for the Office of the Secretary to the Government of the Federation. A breakdown revealed that N280.099m was budgeted... Read More

2017 budget, cars, Federal Government, FG, N400m, purchase

December 27, 2016

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

These are the top five stories you should monitor today. ‘Kiss Daniel attacked, robbed at Calabar Christmas Village’ Singer, Kiss Daniel was on Monday robbed at the Calabar Christmas Village while performing on stage. 2. ‘How Lagos residents can verify authenticity of their number plates’ The Lagos State Motor Vehicle Administration Agency (MVAA) said it has... Read More

2017 budget, Kaduna killings, The Big 5

December 27, 2016

The YNaija Tracklist: Buhari playing into enemies’ hands, says Jibrin | ‘Kiss Daniel attacked, robbed at Calabar Christmas Village’ | More stories

From the papers this morning – a Tracklist. ‘How Lagos residents can verify authenticity of their number plates’ – YNaija 2017 budget: EFCC gets N6.13bn for the completion of new office – YNaija Kaduna killings: Herdsmen attack another community, soldiers arrest two – YNaija ‘Kiss Daniel attacked, robbed at Calabar Christmas Village’ – YNaija 2017... Read More

2017 budget, Kaduna Kilingd, Kiss Daniel, The YNaija Tracklist

December 27, 2016

2017 budget: EFCC gets N6.13bn for the completion of new office

The 2017 budget submitted to the National Assembly has revealed that the Federal Government has set aside N6.13bn for the completion of a new head office for the Economic and Financial Crimes Commission (INEC). N7.912bn had earlier been budgeted for the same project in the 2016 budget. A breakdown revealed that N4.584bn would be spent... Read More

2017 budget, EFCC, N6.13bn, new office

nass

December 27, 2016

2017 budget: We will thoroughly review every item in the budget – Reps member

The House of Representatives on Monday said the N7.29tn budgeted for 2017 will be thoroughly reviewed by the National Assembly. Chairman, House Committee on Media and Public Affairs, Abdulrazak Namdas said the lawmakers will ensure that the crisis that hit the 2016 budget does not repeat itself. He also said the budget will remain just... Read More

2017 budget, Abdulrazak Namdas, Eeview, N7trn

December 23, 2016

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

These are the top five stories you should monitor today. 2017 budget: N1.05bn allocated for Buhari, Osinbajo’s foreign trips The 2017 appropriation bill before the National Assembly has revealed that N1.05bn has been budgeted for foreign trips of President Muhammadu Buhari, Vice President Yemi Osinbajo and the State House headquarters. 2. Here is the full list... Read More

2017 budget, Headies 2016, The Big 5, Yemi Osinbajo

December 23, 2016

The YNaija Tracklist: Here is the full list of winners at #TheHeadies2016 | Four female suicide bombers shot dead in Borno | More stories

From the papers this morning – a Tracklist. Here is the full list of winners at #TheHeadies2016 – YNaija 2017 budget: N1.05bn allocated for Buhari, Osinbajo’s foreign trips – YNaija Four female suicide bombers shot dead in Borno – YNaija Why our govt is slow but progressing – Osinbajo – YNaija FG orders IGP to... Read More

2017 budget, Headies 2016, The YNaija Tracklist

December 23, 2016

2017 budget: N1.05bn allocated for Buhari, Osinbajo’s foreign trips

The 2017 appropriation bill before the National Assembly has revealed that N1.05bn has been budgeted for foreign trips of President Muhammadu Buhari, Vice President Yemi Osinbajo and the State House headquarters A breakdown reveals that Buhari’s international travels and transport will gulp N739.487m; Osinbajo’s will cost N218.296m; while the State House Headquarters will spend N97.208m... Read More

2017 budget, Foreign trips, President Muhammadu Buhari, Yemi Osinbajo

December 22, 2016

Opinion: How realistic is Buhari’s 2017 budget estimates?

by Jide Ojo On December 14, 2016, President Muhammadu Buhari presented financial estimates of N7.3tn to the National Assembly. The financial plan was labelled as the Budget of Recovery and Growth. It is based on a benchmark crude oil price of US$42.5 per barrel; an oil production estimate of 2.2 million barrels per day; and... Read More

2017 budget, Buhari, Development Bank of Nigeria, economy, nigeria, recession

December 22, 2016

2017 budget won’t be affected by $30bn loan rejection – Presidency

The Presidency on Wednesday said the implementation of the 2017 budget will not be affected by the Senate’s rejection of President Muhammadu Buhari’s proposed $30bn external loan. Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang, said this while addressing journalists in Abuja. Enang assured Nigerians that the budget will be... Read More

$20bn loan, 2017 budget, Rejection, senate

December 21, 2016

Opinion: 2017 State House budget analysis

by Saatah Nubari The first time this budget analysis series ran was for the 2016 budget; and it becomes visible each day that the 1810 page document was a horrid, hurriedly-put, corrupt-conduit-filled piece of executive cluelessness. Well, since I’m more of a realist than any of the other-ists, I’ll just say that the fact that the... Read More

2017 budget, anti-corruption, Defence Software, EFCC, opinion, State House, The Bureau of Public Procurement

December 20, 2016

Ekiti Assembly passes 2017 budget

The Ekiti House of Assembly on Tuesday passed the 2017 Appropriation Bill presented to it two weeks ago by Governor Ayo Fayose. The assembly made no adjustments or corrections to the N93.4bn budget presented by the governor on December 6, 2016. The Appropriation Bill is tagged “Budget of Consolidation for Higher Heights.’’ In passing the 2017... Read More

2017 budget, Ayodele Fayose, Ekiti state House of Assembly, N93.4bn

December 20, 2016

$30bn loan: Buhari will plunge Nigeria into eternal debt – Fayose

Ekiti Governor, Ayodele Fayose, on Tuesday, queried the plan by President Muhammadu Buhari to borrow $30bn to finance the 2017 budget. According to The Punch, Fayose, who spoke at the government office in Ado-Ekiti during the distribution of 7,000 eyeglasses to indigent Ekiti people who have bad eyesight, said the plan if followed will enslave the... Read More

$30bn loan, 2017 budget, Ayodele Fayose, enslavement, Eternal debt, President Muhammadu Buhari

December 19, 2016

FG to use N258bn from recovered loot to fund 2017 budget

The Federal Government says it plans to use N250 billion out of funds recovered from corrupt officials to finance the 2017 budget. Ben Akabueze, director-general of the National Budget Office, disclosed this while fielding questions from reporters at the presidential villa in Abuja, on Monday. Akabueze said N72 billion of the money had already been... Read More

2017 budget, Ben Akabueze, Ministry of Budget and National Planning, N258bn, National Budget Office, recovered loots, Udo Udoma

December 18, 2016

Nigeria must borrow to fund 2017 budget – Reps

The leadership of the House of Representatives on Sunday said Nigeria cannot fund its 2017 budget except from an external loan. Majority Leader of the House, Mr. Femi Gbajabiamila said this in Abuja, while speaking on the activities of the legislature in the last 12 months. Gbajabiamila said the country has to spend huge amount... Read More

2017 budget, borrowing, Femi Gbajabiamila, House of Reps, President Muhammadu Buhari

December 17, 2016

N7.28trillion budget, 38.5 per cent | The 5 numbers that mattered this week

N7.28trillion – The cost of the 2017 budget presented by President Muhammadu Buhari to the joint session of the National Assembly on Wednesday. 38.5 per cent – The percentage of candidates who made credits in five subjects including Mathematics and English at the November/December WAEC exams. N471.8million – The amount released by the Federal Government... Read More

Featured, Thinking Through

2017 budget, insurgency, national assembly, nff, northeast, President Muhammadu Buhari, Super Falcons, Uyo church, WAEC

December 16, 2016

[The Presidential Blog] This is why we won’t cut Mr. Buhari any slack

When people blame us for being too hard on the current administration and admonish us to chill a little … I just wish everyone can at least cut @MBuhari some slack and allow the #2017Budget be implemented first, let's be positive please. — Arc. Kehinde Ajayi (@kenosb) December 14, 2016 We wonder if they don’t... Read More

The Presidential Blog

2017 budget, budget, Buhari, recession, Twitter NG

December 15, 2016

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

These are the top five stories you should monitor today. 2017 budget: Buhari has clearly shown his hatred for education – ASUU The Chairman of the Academic Staff Union of Universities (ASUU) University of Lagos chapter, Dr Laja Odukoya has said President Muhammadu Buhari showed his hatred for education in the 2017 budget. 2. Senate seeks... Read More

2017 budget, Rivers rerun, senate, The Big 5

December 15, 2016

The YNaija Tracklist: Senate screens Magu today | SANs reject FG’s briefs to prosecute accused judges | More stories

From the papers this morning – a Tracklist. 2017 budget: Buhari has clearly shown his hatred for education – ASUU – YNaija Senate seeks power to remove non-performing ministers, own foreign accounts – YNaija Amnesty programme has produced 200 first class, second class degree holders – Boroh – YNaija EFCC re-arraigns Ladoja over alleged N4.7bn... Read More

2017 budget, senate, The YNaija Tracklist

December 15, 2016

2017 budget: Buhari has clearly shown his hatred for education – ASUU

The Chairman of the Academic Staff Union of Universities (ASUU) University of Lagos chapter, Dr Laja Odukoya has said President Muhammadu Buhari showed his hatred for education in the 2017 budget. The education sector has been allocated N398.01billion in the recurrent expenditure of the 2017 budget. According to Odukoya, the allocation indicated that the present administration... Read More

2017 budget, Allocation, ASUU, education

December 14, 2016

[The Legislative Blog]: “We will change our habits and change Nigeria” | 7 things we learnt from President Buhari’s speech today

Today was an important one for Nigeria, the presidency and the legislature. The 2017 budget was presented by President Muhammadu Buhari at a joint session of the upper and lower chambers. At the presentation, President Buhari reiterated and emphasized the same messages his administration has preached from the onset and we know that the president... Read More

The Legislative Blog

2017 budget, legislative, lower chamber, presentation, president buhari, senate, Speech, upper chamber

December 14, 2016

[The Presidential Blog]: 7 things we learnt from the 2017 budget presentation

As promised, the President presented the 2017 budget before the Senate today, Wednesday, the 14th of December. Meanwhile the Minister of Budget and National Planning, Udoma Udoma has already said the sum of NGN 10 trillion was being targeted by the federal government as revenue for the 2017 fiscal year and that the government intends... Read More

The Presidential Blog

2017 budget, budget, Buhari, House of Representatives, senate, the Presidential Blog

December 14, 2016

We will focus more attention on infrastructure in 2017 – Buhari

President Muhammadu Buhari on Wednesday said his administration will focus more on infrastructure in the coming year while presenting the 2017 budget to the joint session of the National Assembly. Buhari said more attention will be focused on road and rail construction. He added that, “Though we cannot control the price of crude oil, we... Read More

2017 budget, focus, infrastructure, President Muhammadu Buhari

December 14, 2016

2017 budget: Amnesty programme allocation increased

President Muhammadu Buhari on Wednesday while presenting the 2017 budget said the budget will be set at N305 per dollar. N520 billion out of the N7.298trn budget was allocated to the ministry of power, housing and works. Capital expenditure gets 30.7 percent in the budget which is 20.4 percent bigger than the 2016 budget. The... Read More

2017 budget, Amnesty programme, President Muhammadu Buhari

December 14, 2016

BREAKING: Buhari presents 2017 budget to the National Assembly

President Muhammadu Buhari is currently presenting the 2017 budget to the National Assembly. The President who was expected to present the budget at 10am was late due to his trip to Gambia. Details later…

2017 budget, national assembly, President Muha.madu Buhari

December 14, 2016

BREAKING: National Assembly shut ahead of Buhari’s 2017 budget presentation

Ahead of President Muhammadu Buhari’s visit to the National Assembly on Wednesday, security operatives have shut all three entrances into the complex, The Punch reports. Buhari is expected at the Assembly by 12pm, but he is still in Gambia as part of the ECOWAS team that went to persuade Yayha Jammeh to step down following his electoral... Read More

2017 budget, ECOWAS, Gambia, national assembly, President Muhammadu Buhari

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