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Udo Udoma
December 13, 2018
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The Late 5: Sowore protests exclusion from Presidential debate, Ezekwesili, Moghalu react; In a sane society, a peace accord is not necessary – Donald Duke | Other top stories

These are the stories that drove the conversation today: President Muhammadu Buhari has said that the Petroluem Industry Bill was experiencing delay because reforms in the industry must be well thought out and must have the best interest of Nigeria and Nigerians as its core objective, assuring that dialogue on the bill is still on-going.  The President... Read More
Featured, The News Blog
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June 4, 2018
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The Late 5: 210 inmates escape from Minna Prison, Police make U-turn on Saraki invitation and other stories

These are the stories that drove the conversation today: 210 inmates on Sunday night escaped from the Minna Maximum Prisons, Tunga area of Minna Metropolis in Niger. Spokesperson of the Prison Service in Niger, Rabiu Shuaibu who confirmed the attack said the incident was carried out after armed criminals attacked the prison and gained access following an exchange... Read More
Featured, The News Blog
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November 15, 2017
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FG to pay economic consultant N458m to conduct research

The Federal Government is making plans to hire a consultant to conduct a study that will aid the implementation of the present administration’s Economic Recovery and Growth Plan. The Federal Executive Council (FEC) approved the plan. Minister of Budget and National Planning, Udo Udoma, disclosed this to State House correspondents at the end of a... Read More
The News Blog
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November 10, 2017
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WIMBIZ holds 16th Annual Conference themed: ‘The Future is HERe!

Women in Management, Business and Public Service (WIMBIZ), the foremost non-governmental Organisation for women is scheduled to hold its 16th Annual Conference on November 13th and 14th at Eko Hotel & Suites, Victoria Island, Lagos. The Annual Conference is WIMBIZ’s flagship event which holds in November every year. From the first Annual Conference in 2001... Read More
Sponsored
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September 29, 2017
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Despite exit from recession, Nigeria’s economy still vulnerable – FG

The Federal Government has said Nigeria’s economy is still vulnerable to shock, despite recently coming out of recession. Minister of Budget and National Planning, Udo Udoma, said this while addressing a meeting of the National Economic Council presided over by Vice-President Yemi Osinbajo at the Presidential Villa, Abuja, on Thursday. What he said: In a... Read More
The News Blog
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August 31, 2017
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[The Presidential Blog] UK foreign secretary, Boris Johnson meets with Osinbajo

Donald Trump’s twin from another mother, Boris Johnson spent sometime with the Vice President, Mr Geoffery Onyeama, the Foreign Affairs Minister and Senator Udo Udoma, Minister for Budget and National Planning today. The UK foreign secretary, Boris Johnson, and international development secretary Priti Patel were in Nigeria to show solidarity with the fight to completely... Read More
The Presidential Blog
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August 28, 2017
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Buhari meets with ministers, CBN governor on the state of the economy

President Muhammadu Buhari Monday, received briefings from the Minister of Budget and National Planning, Udoma Udo Udoma, the Minister of Finance, Kemi Adeosun. and Governor of the Central Bank of Nigeria (CBN), Godwin Emefuele, on the state of the economy. The Ministers and the CBN Governor updated the President on the improving state of the economy; the... Read More
The News Blog
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August 10, 2017
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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 said this in an interview with State House correspondents during a retreat on the implementation of the Economic Recovery and Growth Plan and the 2018... Read More
The News Blog
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July 27, 2017
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FG to present 2018 budget to NASS in October

Nigeria’s Federal Government Thursday, said it would submit the 2018 budget to the National Assembly in October this year. The Minister of Budget and National Planning, Senator Udo Udoma said this in Abuja during a public dialogue with top government officials, members of Civil Societies Organisation, and the Organised Private Sector and others on the... Read More
The News Blog
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May 23, 2017
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2017 Budget: ‘We are studying the appropriation bill’ – Ministry

by Omoleye Omoruyi The Ministry of Budget and National Planning has said it is studying the 2017 Appropriation Bill presented to the Acting President, Yemi Osinbajo, on Friday, the Punch reports. The study is aimed at comparing the content of the fiscal document presented to the National Assembly on ministry-by-ministry basis. It has been earlier reported that the... Read More
The News Blog
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March 21, 2017
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What signs? It looks like Senator Udo Udoma does not know what he’s saying again

Senator Udo Udoma, the Minister for Budget and National Planning has just said that he – and probably some other visionary planners and Federal Government goons – have started seeing signs. Signs that this recession plaguing the country will end soon. We say #NaWash! These are the signs he says he’s seeing: Marginal reduction in... Read More
More, Thinking Through
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March 21, 2017
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Recession: There has been positive signs of economic recovery – FG

by Azeez Adeniyi The Federal Government has said it has started seeing positive signs that the economy was recovering from recession. The Minister for Budget and National Planning, Senator Udo Udoma, stated this at a meeting with the Executive Secretary, Nigerian Investment Promotion Council, Ms Yewande Sadiku. Udoma said marginal reduction in inflation rate for... Read More
The News Blog
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February 16, 2017
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World Bank loan will be determined by budget size – Udoma

by Azeez Adeniyi Minister of Budget and National Planning, Udo Udoma has said the amount of money in the 2017 budget would determine the size of the loan that Nigeria will seek from the World Bank. Udoma said this while answering questions from State House correspondents at the Presidential Villa, Abuja on Wednesday. There had... Read More
The News Blog
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February 13, 2017
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2017 budget: N’Assembly, Adeosun, Udoma, 57 others to meet on Monday

The National Assembly will meet the Minister of finance, Kemi Adeosun, Minister of Budget and National Planning, Udo Udoma and 57 others on Monday over the 2017 budget. Chairman of the Committee on Media and Public Affairs, Abdulrazak Namdas said the idea was part of efforts to reform the budgeting process. He said the meeting... Read More
The News Blog
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January 26, 2017
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FG will fully implement economic recovery plan – Udoma

The Minister of Budget and National Planning, Udo Udoma has said the Federal Government will fully implement the Economic Recovery and Growth Plan. The minister said the plan will help the government restructure the economy. Udoma said the plan will be launched by President Muhammadu Buhari in February. He promised that the plan will be... Read More
The News Blog
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January 24, 2017
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FG to privatise national assets as part of economic recovery plan

Minister of Budget and National planning Udo Udoma has said the Federal Government is considering sale of assets as part of its Economic Recovery and Growth Plan due to be launched next month. Udoma spoke at the Second Presidential Business Forum held at the old Banquet Hall of the Presidential Villa, Abuja, and presided over... Read More
The News Blog
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December 19, 2016
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FG to use N258bn from recovered loot to fund 2017 budget

The Federal Government says it plans to use N250 billion out of funds recovered from corrupt officials to finance the 2017 budget. Ben Akabueze, director-general of the National Budget Office, disclosed this while fielding questions from reporters at the presidential villa in Abuja, on Monday. Akabueze said N72 billion of the money had already been... Read More
The News Blog
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December 16, 2016
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FG not responsible for economic challenges – Udoma, El-Rufai

The Federal Government on Thursday said it was not responsible for the nation’s current economic challenges. The Minister of Budget and National Planning, Udo Udoma, said this while speaking with reporters after the meeting of the National Economic Council at the Presidential Villa, Abuja. Kaduna Governor, Nasir el-Rufai, also led credence to Udoma’s claim saying that the... Read More
The News Blog
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December 14, 2016
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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
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September 27, 2016
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Nigeria’s foreign reserves fall to $24.74bn – Udoma

The Minister of Budget and National Planning, Udoma Udo Udoma on Tuesday said Nigeria’s foreign reserves dropped from $26.51 billion to $24.74 billion within the second quaerter of 2016 to September. Udoma said this during the 57th annual conference of Nigerian Economic Society with the theme “the developmental state and diversification of the Nigerian economy”. He said diversification... Read More
The News Blog
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September 21, 2016
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Recession: Sack Adeosun, Udoma; appoint competent brains, Senate tells Buhari

The Senate on Wednesday recommended the sack of Minister of Finance Kemi Adeosun and her counterpart in the Ministry of Budget and National Planning, Udo Udoma. The senators made the recommendation at plenary on Wednesday when it commenced deliberation on the economic challenges of the country. This is contained in a statement issued on Wednesday... Read More
The News Blog
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Jibrin
September 6, 2016
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‘A minister doesn’t have to know everything’ – Jibrin

Honourable Abdulmumin Jibrin has said that Minister of Finance Kemi Adeosun has what it takes to revive the Nigerian economy. The former chairman of the House of Representatives Committee on Appropriation was reacting to a statement made by Senator Dino Melaye calling for President Buhari to sack Adeosun, Minister of Budget planning Senator Udo Udoma,... Read More
The News Blog
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July 22, 2016
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Despite IMF negative projection, FG says economy will grow

Contrary to the forecast by the International Monetary Fund that the Nigerian economy will contract further, the Federal Government has said that Nigeria’s economy will pick up in the 3rd quarter of the year with an estimated 3.3 to 3.5 percent growth by the end of 2016. This was revealed on Thursday by the Minister National Planning,... Read More
The News Blog
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May 8, 2016
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‘2016 budget will be fully implemented’ – Minister

Despite his initial statement that the 2016 budget might not achieve a 100 percent implementation, the Minister of Budget and National Planning, Sen. Udo Udoma has reversed his earlier assertion to say that the budget will be completely implemented. This was contained in a statement signed by the minister’s Media Adviser, James Akpandem, and released on Saturday, May 7.... Read More
The News Blog
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