2017 budget

December 14, 2016

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

These are the top five stories you should monitor today. Super Falcons to storm Aso Rock in protest The Super Falcons will on Wednesday storm the Aso Rock Presidential Villa in Abuja to protest against the non-payment of their entitlements. 2. This is the only reason why Tinubu will leave the APC – Chieftain There have been... Read More

2017 budget, APC, Super Falcons, The Big 5

December 14, 2016

The YNaija Tracklist: Buhari to present 2017 budget on Wednesday | Super Falcons to storm Aso Rock in protest | More stories

From the papers this morning – a Tracklist. Buhari to present 2017 budget on Wednesday – YNaija Super Falcons to storm Aso Rock in protest – YNaija This is the only reason why Tinubu will leave the APC – Chieftain – YNaija Pictures from Zahra Buhari’s bridal shower – YNaija IGP sets up c’ttee to tackle cattle... Read More

Featured, The News Blog

2017 budget, APC, Bola Ahmed Tinubu, President Muhammadu Buhari, Super Falcons, The YNaija Tracklist, Zahra Buhari

December 14, 2016

Buhari to present 2017 budget on Wednesday

President Muhammadu Buhari will on Wednesday present the 2017 Appropriation Bill to a joint session of the National Assembly. The presentation of the document is expected to hold at 12pm. On November 30, the Federal Executive Council approved the document for presentation to the National Assembly. Speaking to State House correspondents at the end of the council’s... Read More

Cover Stories, The News Blog

2017 budget, national assembly, President Muhammadu Buhari, Udo Udoma

December 12, 2016

2017 budget will bring Nigeria out of recession – Buhari

President Muhammadu Buhari has assured Nigerians that the 2017 budget which will be presented before the National Assembly on Wednesday will bring the nation out of the current economic crisis. Buhari said this on Sunday in his Eid-el-Maulud message to the nation. The statement read, “Again the calendar of life has brought us into another... Read More

2017 budget, economic crisis, Eid el Maulud, President Muhammadu Buhari, recession

December 10, 2016

Opinion: Lagos state budget 2017 | What the government is not telling us

by Oke Godwin Olaoluwa The Lagos state is in the news again. The state has set a new record, for the highest amount of budget proposal ever prepared by a single Nigerian state. The budget is estimated to be about 11% of the total budget of the federal government of Nigeria. The budget tagged “The Golden... Read More

2017 budget, economy, Governance, lagos, opinion, revenue

December 9, 2016

2017 budget: Senate demands N1.4trn for constituency projects

The Senate on Thursday passed a bill seeking to set aside 20 percent of the country’s annual budget for constituency projects for third reading. Constituency projects will get N1.4 trillion out of the 7.3trillion 2017 budget estimates to be presented to the National Assembly if the bill is passed into law. The bill which was sponsored... Read More

Cover Stories, The News Blog

2017 budget, bill, Constituency projects, N1/4trn

December 9, 2016

MTEF will be passed before we consider 2017 budget – Senate

The 2017 appropriation bill will not be considered even after presentation to the National Assembly until the 2017-2019 Medium Term Expenditure Framework and Fiscal Strategy Paper, the Senate has said. Deputy Majority Leader of the Senate, Senator Bala Ibn Na’Allah stated that the budget will not be passed until the MTEF/FSP framework had been approved.... Read More

2017 budget, MTEF, President Muhammadu Buhari, senate

December 7, 2016

Fayose challenging Buhari’s authority by wearing military fatigue – APC

The Ekiti chapter of the All Progressives Congress (APC) says the decision of the state governor Ayodele Fayose to wear military fatigue while presenting the 2017 budget was an affront to President Muhammadu Buhari’s authority. In a statement on Wednesday, the state APC Publicity Secretary, Taiwo Olatunbosun, said Fayose’s conduct was an affront to the President... Read More

2017 budget, APC, Ayodele Fayose, Military fatigue, President Muhammadu Buhari

December 6, 2016

Fayose presents 2017 budget dressed in military fatigue (PHOTOS)

In his usual way of attracting media headlines and gaining attention, Ekiti Governor, Peter Ayodele Fayose on Tuesday present the 2017 budget before the State’s House of Assembly dressed in military fatigue. The governor who was dressed in a military camouflage cap, a black tee-shirt, a military camouflage trouser and a black snickers stood before... Read More

2017 budget, Ayode Fayose, Ekiti, Military fatigue, photos

December 6, 2016

Buhari to present 2017 budget to National Assembly on December 14

President Muhammadu Buhari on Tuesday wrote to the Senate seeking an audience with the joint session of the National Assembly for the presentation of the Appropriation Bill for the 2017 fiscal year. The letter was read on the floor of the Senate by Senate President, Bukola Saraki. President Buhari said the joint session was needed... Read More

2017 budget, national assembly, presentation, President Muhammadu Buhari

December 3, 2016

The Big 10: These are the stories that drove conversations this week

These are the 10 biggest stories that made headlines this week. Data Tariff hike The Nigerian Communications Commission had announced an increase in data tariff to 0.90k/MB taking effect from December 1. However, the Senate ordered the NCC to halt the planned increase of prices for data following a motion raised by the Deputy Senate Leader, Ibn... Read More

2017 budget, Data tariff, OPEC oil cut, The Big 10, Zahra Buhari

December 2, 2016

Buhari will present budget in 10 days – Saraki

Senate President Bukola Saraki says President Muhammadu Buhari will present the 2017 budget to the National Assembly within ten days. Saraki said this on Thursday while speaking with statehouse correspondents after he met with Buhari at the Presidential Villa. He said, “We are ready, once the document comes to us, we are ready. I think... Read More

2017 budget, Bukola Saraki, MTEF, Presiddnt Muhammadu Buhari

December 1, 2016

2017 budget cannot make a huge difference – Osinbajo

Vice President Yemi Osinbajo has said the 2017 budget which is about N7 trillion cannot make a huge difference in the economy. Osinbajo said this during a tour of some firms in Sagamu, Ogun State on Thursday by the Economic Management Team. The Vice President said the private sector has a lot of roles to play in... Read More

2017 budget, huge difference, N7 trillion, Yemi Osinbajo

December 1, 2016

Saraki promises early passage of 2017 budget

Senate President Bukola Saraki on Thursday said the 2017 budget will be passed early. Saraki gave the assurance at the State House, Abuja, while answering questions from State House correspondents after a closed-door meeting with President Muhammadu Buhari. He said, “Once the document comes to us, we are ready. “I think this time around, a... Read More

2017 budget, Bukola Saraki, passage, Senate President

December 1, 2016

Buhari meets Saraki ahead of 2017 budget presentation

President Muhammadu Buhari on Thursday met with Senate President, Bukola Saraki at the Presidential Villa over the presentation of the 2017 Appropriation Bill to the National Assembly. The Federal Executive Council had approved the budget during its meeting on Wednesday. Saraki while speaking with journalists after the visit said the budget will be presented to... Read More

2017 budget, Bukola Saraki, Meeting, presentation, President Muhammadu Buhari

December 1, 2016

FG approves 2017 budget

The Federal Government has approved the 2017 budget proposal for onward submission to National Assembly for final approval. The budget was approved by the Federal Executive Council (FEC) at its meeting on Wednesday. The Minister of Budget and National Planning, Mr. Udoma Udo Udoma, who spoke after the FEC meeting said the approved document would soon... Read More

2017 budget, Federal Executive Council, Federal Government, MTEF, Udoma Udo Udoma

November 30, 2016

Federal Executive Council approves 2017 national budget

The Federal Executive Council (FEC) which was presided over by President Muhammadu Buhari on Wednesday he approved the 2017 national budget. The Minister of Budget and National Planning, Udo Udoma, disclosed this to State House correspondents after the meeting. Udoma said it was now left for the National Assembly to decide when the budget will... Read More

2017 budget, Apprive, fec, Federal Executive Council

November 30, 2016

Recession: Don’t reduce workers’ salaries, NLC tells state govs

The Nigeria Labour Congress on Wednesday tasked the Federal Government to develop blueprints in the 2017 budget that will take Nigeria out of recession. Chief Economist and Secretary General of the NLC, Peter Ozo-Esan said slashing salaries of workers was not the solution to economic recession. He also advised the FG not to delay the... Read More

2017 budget, nlc, recession, Slashing salaries

November 29, 2016

Senate denies frustrating 2017 budget process

The Senate has described as “misleading, malicious and false” a report which accused the National Assembly of frustrating the submission of the 2017 Appropriation Bill, The Punch reports. The report had alleged that the legislature took the action because of Presidency’s refusal to approve the constituency projects of the lawmakers. In the statement signed by the Chairman, Senate... Read More

2017 budget, Appropriation Bill, MTEF/FSP, national assembly, President Muhammadu Buhari, senate

November 28, 2016

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

These are the top five stories you should monitor today. 1. Lagos residents spend 3 out of 10 years in traffic – Report A report has said that residents of Lagos, Nigeria’s economic capital spend three out of ten years of their lives in traffic, which is an average of seven hours and twenty minutes... Read More

Featured, The News Blog

2017 budget, Akinwunmi Ambode, Bobrisky, donald trump, Lagos residents, President Muhammadu Buhari, The Big 5, traffic

November 28, 2016

Ambode presents 2017 budget on Tuesday

Governor of Lagos Akinwunmi Ambode will on Tuesday, Nov.29, present the 2017 budget to the Lagos State House of Assembly (LAHA) for approval. A statement signed by Miss Bose Lambo, the Director, Public Affairs of the Assembly, said the presentation, which will be tabled via an appropriation bill, would commence at 10a.m. The Lagos governor... Read More

2017 budget, Akinwunmi Ambode, Appropriation Bill, lagos, Lagos State House of Assembly (LAHA)

November 15, 2016

2017 budget: FG proposes to part-fund N2.69trn deficit with recovered loots

The Federal Government is planning to fund the 2017 budget deficit of N2.69 trn from recovered loots, Punch reports. According to the news platform, the proposal was made in the Medium Term Expenditure Framework/Fiscal Strategy Paper, which was submitted to the National Assembly. Recall that the Senate had rejected the document stating that it was... Read More

2017 budget, N2.69trn deficit, recovered loots

November 3, 2016

FG incomplete documents delaying 2017 budget – Senate

Majority leader of the Senate, Ali Ndume has said the Federal Government should be blamed for the delay in the consideration of the 2017 budget instead of the Senate. Ndume while speaking on the floor of the upper chamber on Thursday said the Medium Term Expenditure Framework (MTEF) was incomplete. However, Minister of Budget and... Read More

2017 budget, federal governemnt, incomplete document, senate

October 26, 2016

[The Presidential blog]: Please whose budget is this?

FG will present N6trn as 2017 budget – Adeosun This was in the news yesterday. And I am just confused. Why are we presenting a NGN 6.86 trillion budget when we are still trying to finance a NGN6.06 trillion budget? Why will half this budget (let us assume it sees the light of day) still... Read More

The Presidential Blog

2017 budget, borrowing, budget, kemi Adeosun

October 26, 2016

FG will present N6trn as 2017 budget – Adeosun

Minister of Finance, Kemi Adeosun on Tuesday said the Federal Government will present N6,866,335,052,740 as budget for 2017. She said this during a visit by members of the Senate Committee of Finance to her ministry. Adeosun said the figure will be presented because the government spends N3trn on salaries, debts and pensions. Adeosun also lamented... Read More

2017 budget, Federal Government, kemi Adeosun, N6trn

October 21, 2016

Kaduna to spend N2.55bn on CCTV, drones

The Kaduna Government has set aside over N2.55bn for the procurement of CCTV cameras and drones, to provide adequate security cover in the state in 2017. This is contained in the 2017 budget document currently before the State House of Assembly. It said, “The N1.5 billion is for procurement and distribution of CCTV cameras for... Read More

2017 budget, CCTV. N2.55bn, drones, el rufai, kaduna

September 15, 2016

Recession: We can only overcome by thinking out of the box – Buhari

President Muhammadu Buhari says for Nigeria to get out of the current recession its leaders need to think outside the box. Buhari made the remark while delivering a speech at a one-day retreat on the economy. See full speech below: I am delighted to be here with you at this Ministerial Retreat on the Economy... Read More

2017 budget, Muhammadu Buhari, out of the box, recession, retreat, Speech

September 14, 2016

Buhari, Osinbajo, ministers to hold retreat on 2017 budget

Ministers of the Federal Republic of Nigeria will on Thursday September 15, 2016 hold a retreat to deliberate on the 2017 budget. This is according to a statement signed by the Media Adviser to the Minister of Budget and National Planning, James Akpandem on Thursday. According to the statement the retreat would hold at the... Read More

2017 budget, economy, MDAs, ministers, Muhammadu Buhari, Yemi Osinbajo

Work begins on 2017 budget, even as 2016 budget remains unsigned

In a bid to avoid the crisis that trailed the 2016 budget, the Ministry of Budget and National Planning, on Friday, disclosed that it has started to prepare the 2017 budget. This was contained in a statement signed by the Director of Information in the ministry, Charles Dafe. The Minister of State for Budget and... Read More

2017 budget, FG, Zainab Ahmed

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