Tag: budget

Top 5 Stories Of The Day | Tinubu Targets ₦34.82trn Revenue to Fund Record-breaking ₦49.7trn Budget

    Tinubu Targets ₦34.82 Trillion Revenue to Fund Record-Breaking ₦49.7 Trillion Budget ·       Activist Dele Farotimi Secures Freedom with ₦30 Million Bail ·       Suspension of…

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Nigeria’s budget to bear N49bn cost for incoming lawmakers’ salaries and allowances

The PUNCH has conducted an investigation revealing that the incoming lawmakers' salaries and allowances in Nigeria may cost the country approximately N49bn. This amount covers the salaries and allowances of…

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Nigerians celebrate Davido and Chioma’s comeback to social media; APC must not be allowed to return in 2023 – Atiku | 5 Things That Should Matter Today

Nigerians celebrate Davido and Chioma's comeback to social mediaAPC must not be allowed to return in 2023 – AtikuMy administration has created over 13m jobs in agric sector - BuhariHope…

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SERAP, BudgIT increase demand for accountability and it’s the perfect inspiration for active citizenship

There appears to be increased scrutiny of institutions of government in Nigeria, which is as natural in democracy as is breathing to human life. But Nigeria is anything but natural,…

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COVID19: It’s 2020, yet Nigeria’s Finance Ministry unlocks a new level of ‘bambiala’

As Nigeria poises for a growing pandemic with the potential to wreak havoc to its fledgling healthcare system, it appears no measure is off the table. Begging a US billionaire…

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5 Things that Should Matter Today: Seyi Makinde has slashed Oyo’s unrealistic budget by N103bn

Whenever governor of Oyo Seyi Makinde is in the news, you can bet that he's done something good. Since installed as governor of the state, he's been revolutionising politics in…

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FG secures release of Zainab Aliyu from Saudi detention; Police raid Abuja nightclubs, arrests over 70 women and other stories that made the headlines this week

Here are the stories that drove conversation this week: Police raid Abuja nightclubs, arrests over 70 women About two weeks after police officers arrested 30 women at different night clubs…

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Budget

Opinion: President Buhari’s 2018 budget illustrates Nigeria’s problem with planning to fail

President Buhari has signed the 2018 Appropriation Bill (9.12 trillion naira expenditures higher from 2017 by 22.6%), that is our national budget into law and he has already swung into…

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institutions, budget

Just a reminder, we’re five months into 2018 and we don’t have a budget

The Nigerian budget is the annual ritual performed by the executive arm of government. In the last quarter of every year, the executive is expected to present the fiscal policy…

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budget, presidents

[The Injustice Blog] After spending 280m on cars for former Presidents and Vice Presidents in 2017, why is the FG spending another 186m in 2018?

The Nigerian budgetary process over the years has remained a source of controversy. More than fifty years after independence our budgets have never really served as a guideline for innovation…

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Niger Delta

The Thread: “PMB’s stamina is impressive”, “All these trillions with nothing to show” | TwitterNG reactions to 2018 Budget

Yesterday, President Buhari presented the 2018 budget, dubbed the Budget of Consolidation, to the National Assembly. Here's the breakdown of a budget: Twitter Nigeria has commented on everything from…

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Ada Oguntodu: All the ways you can wear the same blouse this week

Who says you can’t be frugal and glam? Who says you can’t style one of your wardrobe items in multiple ways …

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AfDB withdraws $400m proposed loan to Nigeria, redirects the money instead

The African Development Bank (AfDB) has called off a loan to Nigeria that would have helped fund the country’s budget. It has instead redirected the money to specific projects, a…

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Sen. Bob Corker describes budget resolution as a hoax ahead of late Thursday voting

Controversial senator and fierce Trump critic, Sen. Bob Corker has berated the budgetary process, calling the Senate budget a hoax ahead of a key vote on Thursday after a marathon…

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[The Presidential Blog] This is why Nigeria is backing out of 90 organisations

On the heels of what many - including the country's minister of foreign affairs, Geoffrey Onyeama - have described as a successful outing at the just concluded 72nd UNGA, the…

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Here’s what we know for sure about Game of Thrones Season 8

Apart from the already known fact that the final season of HBO series, Game of Thrones will have six feature-length episodes, a new report by Variety has it that season…

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Obama’s 2018 expenses will cost American taxpayers $1.1million

Report from Congressional Research Service memo has revealed that Former President Barack Obama will cost America taxpayers an alarming $1,153,000 next year. That amount makes Obama's expenses an all time…

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We will send 2018 budget to N’Assembly by October – FG

Minister of Budget and National Planning, Udo Udoma on Thursday said the Federal Government will ensure that the 2018 Appropriation Bill is submitted to the National Assembly in October. Udoma…

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I didn’t budget N9.1bn for new lodge – Emmanuel

Akwa Ibom State governor, Udom Emmanuel has dismissed reports that he is planning to build a new government in Lagos at N9.1bn. Emmanuel clarified the issue in Uyo on Saturday…

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Reps reject NHIS budget over suspension of Executive Secretary

The House of Representatives on Wednesday rejected the 2017 budgetary proposals of the National Health Insurance Scheme over the suspension of the Executive Secretary of the agency, Prof. Yusuf Usman.…

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Four issues we want to know Adeleke’s opinion on

by Alexander O. Onukwue It may have been the duty of the Osun West people to send Ademola Adeleke to Abuja as the Senator to represent their district, but it…

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You are not deserving of a reply | Fashola fires back at Goje

The Minister of Power, Work and Housing, Babatunde Fashola has knocked the chairman Senate committee on Appropriations, Danjuma Goje for asking him to quit if the job was overwhelming. In…

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Resign if the work is overwhelming | Senate tells Fashola

The Senate on Wednesday asked Minister of Power, Works and Housing, Mr. Babatunde Fashola (SAN) to resign his appointment if he was overwhelmed by the volume of work at his ministry.…

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Backstory: Between a “deceitful” Fashola, the “ignorant” NASS and a stalled budget

If you have been paying keen attention to local politics, you'd know that there's an ongoing rancour between the National Assembly and the Ministry of Power, Works and Housing. On…

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Fashola vs NASS: Supreme Court a bit too far?

by Alexander O. Onukwue Fashola wants to fully get in the ring with the National Assembly by asking the Supreme Court to determine the extent of its powers in altering…

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Fashola vs NASS: The waste of money bit is about right

by Alexander O. Onukwue One of Fashola’s arguments against the change of projects in the budget provisions of the executive is the waste that accrues from the process. The former…

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Fashola vs NASS: Five quips from the Minister that totally shades NASS

by Alexander O. Onukwue He made observations that, as a Federal Minister, he was well entitled to make, and they came for him. In his response, he has taken no…

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Mind the gap: How inept are Nigerian lawmakers?

by Alexander O. Onukwue At a time when the United States Senate is being grilled in the media and by the Congressional Budget Office over the numbers involved in replacing…

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Explainer: The fuss between Fashola and the senate

by Alexander O. Onukwue The Minister of Power, Works and Housing, Babatunde Fashola, has been in a war of words with the National Assembly over the recently signed 2017 Budget.…

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The YNaija Cover this morning – the 27th of June

 

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