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Fiscal Responsibility Act

House of Reps gives INEC 30 days to submit 2019 election budget

The House of Representatives Committee on Electoral Matters yesterday asked the Independent National Electoral Commission (INEC) to forward its budget estimates for the 2019 general elections within 30 days.

We’ve not violated Fiscal Responsibility Act – Kemi Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, has denied that the Federal Ministry of Finance and the Office of the Accountant General of the Federation (OAGF) failed to comply with the Fiscal Responsibility Act (FRA).

Finance ministry, OAGF comply with fiscal responsibility act – Kemi Adeosun

The Minister of Finance, Mrs. Kemi Adeosun, has described as misleading report that the Federal Ministry of Finance and the Office of the Accountant of the Federation (OAGF) failed to adhere to the Fiscal Responsibility Act.

Federal govt presents revised MTEF/FSP to Senate

The Federal Government has presented a revised 2018 to 2020 Medium Term Expenditure Framework and Fiscal Strategy Paper (FSP) to the Senate for consideration.

Ngozi Okonjo-Iweala’s memo caused N1.7tn revenue loss – Senate

The Senate Ad Hoc Committee on Alleged Misuse, Under-Remittance and Other Fraudulent Activities has said revenue agencies short-changed the Federal Government to the tune of N1.7tn as unremitted revenue generated between 2012 and 2016.

President Buhari sends 2018-2020 fiscal strategy paper to Senate

President Muhammadu Buhari has sent the 2018-2020 Medium-Term Expenditure Framework, MTEF, and Fiscal Strategy Paper, FSP, to the Senate.

House of Reps probes TCN’s $1.5bn, $500m foreign loans

The House of Representatives has queried loans totalling $1.5bn taken from foreign creditors by the Transmission Company of Nigeria.

2018 Budget: President Buhari submits 2018-2020 MTEF to House of Reps

President Muhammadu Buhari on Tuesday presented to the House of Representatives, the 2018-2020 medium term expenditure framework (MTEF) and the fiscal strategy paper (FSP) as part of preparations for the presentation of the 2018 appropriation bill.

National Assembly will get 2018 Budget in October – minister

The Minister of Budget and National Planning, Udoma Udo Udoma, on Thursday, promised that the Federal Government would do everything within its power to ensure that the 2018 Appropriation Bill is submitted to the National Assembly in October as earlier promised.

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Stakeholders mum on outcome of security meeting with President Buhari

The prevailing security challenges in the country may have necessitated a Security Council meeting presided over by President Muhammadu Buhari at the Presidential Villa on Monday.

Retirees want central bank review pension

The Central Bank of Nigeria (CBN) Pensioners’ Welfare Association has called on the bank’s governor to review its members’ pensions in accordance with an agreement entered into in 2017.

Arsene Wenger: Pep Guardiola wanted to join Arsenal

Arsene Wenger revealed he was once visited by Pep Guardiola when the former Barcelona player wanted to sign for Arsenal.

APC can’t government with propaganda – Ex-President Jonathan

Nigeria’s former president Goodluck Jonathan has taken a swipe at the ruling All Progressives Congress (APC), saying even if a party wins through propaganda, it can not govern with it.

FRSC has reduced accidents by 89% since inception – spokesman

The Federal Road Safety Corps has reduced accidents on the nation’s highways by 89 per cent since its inception 30 years ago, according to its Spokesman, Bisi Kazeem.