Tag: supplementary budget

N442 million for plates, spoons and curtains! This is what Plateau’s budget looks like

by Kolapo Olapoju Yesterday, the Plateau State Government sent a supplementary budget of N23.4bn to the state House of Assembly for consideration and approval. According to the estimates of the…

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No more: Banks suspend loans to oil marketers

Ebere Agina Despite the accelerated payment of outstanding subsidy claims to oil marketing and trading companies, to enable them offset their indebtedness to the banks and access fresh credit facilities…

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Why fuel subsidy account is empty – Okonjo-Iweala

Ngozi Okonjo-Iweala The Minister of Finance, Dr. Ngozi Okonjo-Iweala, on Tuesday confirmed The PUNCH’s story that the Federal Government’s subsidy account with the Central Bank of Nigeria was empty, blaming…

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Fuel subsidy: Major fuel crisis imminent as FG’s ‘cheques bounce’ at CBN

by Isi Esene Another storm might be brewing with regards fuel subsidy payment to oil marketers as most of them were reportedly turned back while making attempts to claim funds…

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Too much money: Senate approves extra N161.6 billion for oil subsidy

The Senate on Thursday, passed the supplementary appropriation bill of N161.6 billion. The amount will serve as payment for fuel subsidy to oil marketers for 2012. President Goodluck Jonathan had…

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Thanks for the N881bn, we need an extra N161bn – GEJ writes N’Assembly

Barely 24 days to the end of the year, President Goodluck Jonathan is requesting a fresh N161.1bn to pay outstanding and future subsidy claims for the rest of 2012. The…

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More, please: Fashola requests N30bn supplementary budget

by Stanley Azuakola The Lagos State Governor Babatunde Fashola wants more money. Even though the state House of Assembly had approved over N430 billion in the year 2012 budget which…

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