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 2, 2016

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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

The News Blog

2017 budget, Bukola Saraki, MTEF, Presiddnt Muhammadu Buhari

December 1, 2016

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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

The News Blog

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

November 23, 2016

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Pres. Buhari’s MTEF narrowly escapes rejection at Senate

President Muhammadu Buhari’s 2017-2019 Medium Term and Expenditure Framework (MTEF) narrowly escaped rejection at the Senate on Wednesday. Most senators from both the Peoples Democratic Party and the ruling All Progressives Congress had called for the rejection of the MTEF and the Fiscal Sustainability Paper (FSP). Adeola Solomon, representing APC Lagos said the President’s economic... Read More

The News Blog

MTEF, President Muhammadu Buhari, Rejection, senate

September 18, 2014

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FEC lays down 2015-2017 medium term fiscal framework

by Tunji Andrews The Federal Executive Council (FEC) has approved the draft Medium Term Fiscal Framework (MTEF) for the 2015, 2016, and 2017 national budgets. This document attempts to capture the fiscal strategy of the Government for the next 3 years, set out in a complete document. The FRA 2007 requires that the Minister... Read More

Budget office, Economic Management Team, fec, Federal Executive Council, GDP, Medium Term Fiscal Framework, MTEF, President Goodluck Jonathan, Samuel Ortom

November 5, 2013

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Ochereome Nnanna: Much ado about Oduah-gate

by Ochereome Nnanna She did not deny complicity in the saga. Rather, she reiterated that (a) the procurement of the cars followed due process, tendering all relevant documents to support her claim Oduahgate is the latest public scandal that has seized the public sphere in Nigeria in the past two weeks or so. It concerns... Read More

aviation, benue, Bestman, bmw, Church, Gabriel Suswam, Goodluck Jonathan, Markurdi, MTEF, NCAA, nigeria, Ochereome Nnanna, oduah gate, opinion, scandal, stella oduah, steward, ynaija

October 14, 2013

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Opinion: How far can Nigeria go without plan-based MTEF and annual budgets?

by Olubunmi Adetunmbi In the same vein, the MTEF document did not pay adequate attention to Nigeria’s major trading partners such as the BRICS nations that are currently the major drivers of bilateral trade and growth in Sub Saharan Africa. The Minister of Finance is required by section II of the Fiscal Responsibility Act 2007... Read More

annual budgets, MTEF, nigeria, opinion, plan-based, Senator Olubunmi Adetunmbi

September 20, 2012

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Man-in-a-hurry: President Jonathan bombards National Assembly with requests

by Stanley Azuakola The National Assembly has resumed work after going on recess for two months. Apparently, President Goodluck Jonathan has been waiting expectantly for their return, judging from the way he bombarded them with requests on Wednesday. First, he forwarded the Mid-Term Expenditure Framework (MTEF) 2013-2015 to them. The framework revealed that the administration plans to... Read More

Goodluck Jonathan, MTEF, national assembly, requests

MTEF will be passed before we consider 2017 budget – Senate

Buhari will present budget in 10 days – Saraki

FG approves 2017 budget

Pres. Buhari’s MTEF narrowly escapes rejection at Senate

YNaija Editorial: Will the 2016 budget deliver as promised?

N350bn embezzled funds recovered by FG, N500bn budgeted for social welfare

FEC lays down 2015-2017 medium term fiscal framework

Ochereome Nnanna: Much ado about Oduah-gate

Opinion: How far can Nigeria go without plan-based MTEF and annual budgets?

Man-in-a-hurry: President Jonathan bombards National Assembly with requests

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