The Late 5: FG to borrow N1.6trn to fund 2018 Budget, Policeman stoned to death in clash with Shiites and other stories

The Late 5: FG to borrow N1.6trn to fund 2018 Budget, Policeman stoned to death in clash with Shiites and other stories

These are the stories that drove the conversation today: The Federal Government is to borrow N1.6 trillion to finance part of the N9.12 trillion 2018 budget. Minister of Budget and National Planning, Senator Udoma Udo Udoma, who disclosed this on Thursday in Abuja at the presentation of the approved 2018 Budget of Consolidation said N793... Read More

2018 budget, 2018 World Cup, Department of State Service, INEC, Islamic Movement of Nigeria, Muhammadu Buhari, PDP, Udoma Udo Udoma

June 20, 2018

The Late 5: Buhari expresses displeasure with NASS over budget, INEC cries out over increasing number of political parties and other stories

These are the stories that drove the conversation today: President Muhammadu Buhari on Wednesday, signed the 2018 budget of N9.12 trillion, seven months after it was presented but expressed displeasure at the alteration of the bill by the lawmakers. Buhari said “The logic behind the Constitutional direction that budgets should be proposed by the Executive is... Read More

2018 budget, INEC, Islamic Movement in Nigeria, Mahmood Yakubu, Muhammadu Buhari, Sheikh Ibraheem Zakzaky

June 14, 2018

The Big 5: IGP grants approval for audit of SARS detention cells, Mimiko dumps PDP and other stories

These are the stories that drove the conversation today: The Inspector-General of Police (IGP), Mr. Ibrahim Idris, has approved the request by the National Human Rights Commission’s (NHRC) to begin an independent audit of detention cells in all police commands and formations in Nigeria. Head of Public Complaints Rapid Response Unit (PCRRU), Assistant Commissioner of... Read More

2018 budget, Abubakar Malami, Federal Government, Femi Adesina, Ibrahim Idris, Muhammadu Buhari, Olusegun Mimiko, PDP, SARS, Zamfara

May 19, 2018

After several months of promises, NASS passes 2018 budget; NEC says NNPC, 15 others under-remitted N8.1trn between 2010 and 2015 and other stories that drove conversation this week

These are the top ten stories that drove conversation this week. The Minister of Mines and Steel Development, Dr Kayode Fayemi picked the ticket of the All Progressives Congress (APC) for the July 14 governorship election in Ekiti. With 941 of the delegates to the rescheduled primary of the party throwing their weight behind him,... Read More

2018 budget, Big ten, national assembly, National economic council, top stories

May 16, 2018

The Big 5: Reps increase 2018 budget to N9trn, FG releases N10bn to rebuild properties destroyed by crisis and other top stories

Here are the stories you should be monitoring today: The 2018 budget has been increased to N9.1 trillion by the House of Representatives. The House of Representatives on Tuesday, announced an increase on the 2018 Appropriation Bill from its previous N8.6 trillion. The House committee chairman on Appropriation, Honourable Mustapha Dawaki, made the disclosure while presenting a... Read More

2018 budget, Abiola Ajimobi, Abuja, benue state, EFCC, FG, House of Representatives, Oyo state house of assembly, Yemi Osinbanjo

May 15, 2018

The Late 5: Senate receives 2018 budget report, Kaduna inaugurates response team against rape and other stories

Here are the stories that drove the conversation today: President Muhammadu Buhari has said his administration would not disappoint Nigerians, saying everything possible was being done to ameliorate their hardship. He stated this on Tuesday during an All Progressives Congress(APC) rally in Dutse as part of activities of his two day working visit to Jigawa.... Read More

2018 budget, APC, Code of conduct tribunal, Danjuma Goje, Jigawa State, Justice Sylvester Ngwuta, National Judicial Council, President Muhammadu Buhari, The Nigerian Senate

February 28, 2018

The Late 5: Saraki urges state assemblies to stop paying ex-governors, IOC lifts ban on Russia, and other top stories

These are the top five Nigerian stories that drove conversation today. The Senate has said Federal Government ministries, departments and agencies are responsible for the delay in the passage of the 2018 Appropriation Bill. The Upper Chamber said the agencies of the government had refused to submit details of their proposed 2018 budgets. Vice-Chairman of the Committee... Read More

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2018 budget, Bukola Saraki, INEC, Lassa fever

December 19, 2017

The Late 5: The unwarranted fight between governors over $1bn for security, the Senate on 2018 budget and, other top stories

These are the top five stories that drove conversation today. Vice President Yemi Osinbajo has clarified the much criticised $1 billion approved by the governors for the fight against security in the country. The All Progressives Congress (APC) in Ekiti have disagreed with Governor Ayodele Fayose over the state’s N56 billion debt profile by the Debt... Read More

2018 budget, ECA $1bn for security, Nigerians news

December 19, 2017

Why the decision by the Senate to stay the passing of the 2018 budget is a good move

The passage of 2018 budget is no longer feasible as it is riddled with inconsistencies according to the Senate. Senator Barnabas Gemade (Benue North East) said, “It is important to have the appropriation Bill go for 3rd reading, the executive arm of Government is not ready for the budget to be passed”. “We are lawmakers,... Read More

2018 budget, nigerian senate

November 30, 2017

Senator recommends reduction of salaries of politicians

Senator Olusola Adeyeye, Osun Central Senatorial district, on Wednesday called for a reduction in allowances of all politicians including senators. This, of course, caused an uproar in the Senate when he made this remark while speaking on the 2018 budget appropriation. “If we are all going to complain, let’s face it,” he said. “I don’t... Read More

2018 budget, Nigerian politicians, salaries, Senator Olusola Adeyeye

November 28, 2017

2018 budget is already dead on arrival – Senator Abaribe

Senator representing Abia South, Enyinnaya Abaribe on Tuesday said the 2018 budget was “dead on arrival”. Abaribe said this during the debate on the budget at the plenary. Why it matters: President Muhammadu Buhari had presented the proposed 2018 budget to the upper and lower chamber of the legislature. The Presidency had said the budget... Read More

2018 budget, dead on arrival, Enyinnaya Abaribe, senate

November 23, 2017

2018 budget: Top government officials have refused to honour invitations – Senate

Spokesman of the Senate, Aliyu Sabi has said some top government officials have refused to honour invitations over 2018 budget. While speaking on reporters in Abuja on Wednesday, Sabi said the absence of chief executives of some agencies is making the work frustrating. “The senate is disturbed by a new trend where heads or chief... Read More

2018 budget, government, invitations, officials, senate

November 22, 2017

The Late 5: The Nigerian Army’s directive, Reps’ on 2018 budget and, other top stories

These are the top five stories that drove conversation today. As part of its language policy, the Nigerian Army has ordered its personnel to learn Igbo, Hausa and Yoruba languages. The national leader of the All Progressives Congress, Asiwaju Bola Tinubu has said the ruling party has not endorsed President Muhammadu Buhari as its sole candidate for the 2019 Presidential election.... Read More

2018 budget, bola tinubu, Muhammadu Buhari, Nigerian Army, Osun pensioners, Senator Abiodun Olujimi

November 22, 2017

2018 Budget: ‘No more controversy, padding, or unfounded stories’

Before deliberations on the 2018 Budget begins, the leadership of the House of Representatives has put checks in place to prevent “padding”. This was made known by the Chairman, House Committee on Media, Abdulrazak Namdas. The House Spokesman, according to The Nation on Wednesday, said the measure put in place by the Green Chamber is to ensure... Read More

2018 budget, Budget padding, House of Assembly, House of Representatives

November 21, 2017

Senate postpones debate on proposed 2018 budget

The Senate has postponed its planned debate on the proposed 2018 budget submitted by President Muhammadu Buhari. The debate was scheduled to hold on Wednesday and Thursday this week. Senate president, Bukola Saraki, on Tuesday announced that the discussions will now start on November 28. Saraki said the postponement was due to the delay in... Read More

2018 budget, Debate, postpones, senate

November 16, 2017

Senate sets date for the consideration of the 2018 budget

The Nigerian Senate will commence the consideration of the general principles of the 2018 Appropriation Bill next week, Senate President, Abubakar Bukola Saraki, said on Thursday. Highlights: The consideration of the budget would begin on Wednesday, November 22, 2017, and end on Thursday, 23 November, 2017. Saraki asked senators wishing to contribute to the debate on... Read More

2018 budget, nigerian senate, Senator Bukola Saraki

November 10, 2017

FG will partly fund 2018 budget with N500bn recovered loot – Sagay

Chairman of the Presidential Advisory Committee Against Corruption, Prof. Itse Sagay has said the proposed N8.6 billion 2018 budget will be partly funded with N500bn recovered loots. Sagay spoke on Friday in Abuja during his committee’s ‘interaction with stakeholders’. Why it matters: President Muhammadu Buhari recently presented the 2018 proposed budget to the joint sitting... Read More

2018 budget, FG, fund, Itse Sagay

November 8, 2017

The Explainer: Understanding the numbers, ambitions and apathies of the 2018 Consolidation Budget

by Alexander O. Onukwue The Appropriation Bill for the 2018 fiscal year was presented by President Muhammadu Buhari to a joint session of the Senate and the House of Representatives on Tuesday. Termed the “Budget of Consolidation”, the calculations of the Executive is that the Federal Government will collect revenue of N6.607 trillion and... Read More

Thinking Through

2018 budget, Buhari, economy, nigeria, the explainer

November 8, 2017

YNaija Editorial: The proposed 2018 budget reiterates just how out of touch our government is

After what has seemed like a year teetering on the edge of uncertainty, President Buhari has beaten an undisclosed illness that kept him out of the country for 100 days and delivered not one but two budgets to the National Assembly. But this new budget, like much of Buhari‘s stint as a democratic president, has... Read More

Thinking Through

2018 budget, budgetary allocation, Buhari, education, healthcare, Niger Delta

November 8, 2017

2018 budget, Nasir el-Rufai, Niger Delta

Apparently, there’s no plan for education | 5 takeaways from Buhari’s 2018 budget presentation

by Alexander O. Onukwue President Muhammadu Buhari made history at the National Assembly today where he proposed a record N8.61 trillion as the 2018 budget. The figure is in keeping with a trend which has emerged since his administration began in 2015, by topping every year’s budget by an average of N1 trillion. The budget... Read More

Thinking Through

November 7, 2017

#Budget2018: President Buhari’s full speech at the National Assembly

President Muhammadu Buhari was on Tuesday received by the National Assembly where he presented the 2018 Appropriation Bill. He presented a proposed budget of N8.6 trillion, which is a 16 percent of the 2017 budget. President Buhari’s full speech below. 2018 BUDGET SPEECH: BUDGET OF CONSOLIDATION Delivered by: His Excellency, President Muhammadu Buhari President, Federal Republic... Read More

2018 budget, national assembly, President Muhammadu Buhari

November 7, 2017

President Buhari presents the 2018 budget to the National Assembly

President Muhammadu Buhari on Tuesday, November 7, was received at a joint session of members of the National Assembly. The Senate President, Bukola Saraki started by thanking Nigerians for not “playing politics”, putting country first during President Buhari’s time away. “We must reassess the relationship btw oil & our economy. Oil prices are gradually inching... Read More

2018 budget, national assembly, president buhari

November 3, 2017

Budget 2018? What did we learn from budget 2017?

by Alexander O. Onukwue After delays due to disagreements between the Executive and the National Assembly, the 2017 budget was passed and signed into law in June. Barely six months later, the 2018 budget will be presented and all attention will shift to it. It is inevitable that the budget which President Buhari will be... Read More

Story of the day

2017 budget, 2018 budget, lessons, presented

November 3, 2017

Budget 2018: What should we expect?

by Alexander O. Onukwue The Presidency, on Thursday, announced that President Muhammadu Buhari will present the first draft of the 2018 Appropriation Bill to the National Assembly on Tuesday, 7th November, 2018. This comes after a couple of meetings between the President and the leadership of the National Assembly last week at the presidential villa.... Read More

Story of the day

2018 budget, APC, Nstional Assembly, passage, President Muhammadu Buhari

November 2, 2017

The YNaija Cover this evening – the 2nd of November

Follow the links to read the stories and analyses on YNaija: Buhari writes NASS, reveals when he would present the 2018 budget Will Buhari also demonstrate against Abba Kyari? Entertainment Roundup: Beyoncé, Chiwetel Ejiofor to star in The Lion King live action remake | More stories

Cover Stories

2018 budget, Abba Kyari, Beyoncé, Bukola Saraki, Lion King, Muhammadu Buhari, YNaija Cover

November 2, 2017

2018 budget will be thoroughly scrutinised before passage – Senate leader

Senate leader, Ahmed Lawan on Thursday said the prompt passage of the 2018 Appropriation Bill to be presented to the National Assembly would be determined by certain factors. He said this in an interview with State House correspondents shortly after he met President Muhammadu Buhari at the Presidential Villa, Abuja. He said the National Assembly... Read More

2018 budget, passage, scrutinised, senate

November 2, 2017

Buhari writes NASS, reveals when he would present the 2018 budget

President Muhammadu Buhari has just written the House of Representatives seeking to present the estimates of the 2018 budget to a joint session of the National Assembly on Tuesday, November 7. The draft estimates of the budget has already been approved at an FEC meeting.

2018 budget, President Muhammadu Buhari

November 1, 2017

2018 Budget: We will receive the Executive when they’re ready – Saraki

Nigeria’s Senate President, Bukola Saraki last night said that the National Assembly was ready to receive President Muhammadu Buhari whenever he was ready for the presentation of the 2018 Appropriation Bill. Saraki who spoke to State House correspondents after the dinner the leadership of the National Assembly had with the Presidency at the Banquet Hall... Read More

2018 budget, Bukola Saraki

October 26, 2017

JUST IN: FEC approves 2018 draft budget

The Federal Executive Council (FEC) has approved the draft budget estimates for 2018. This was revealed by the Minister of Budget and Planning, Udoma Udoma, while briefing State House correspondents at the end of FEC meeting at the presidential villa, Abuja. The minister said the Council will liaise with the National Assembly to determine when... Read More