Home Tags FSP
The Director General of the Budget Office, Ben Akabueze, yesterday, said the Federal Government has concluded plans to sell key national assets in a bid to generate sufficient revenue to finance Nigeria’s annual budgets between 2018 and 2020.
The Nigerian National Petroleum Corporation (NNPC) says oil revenue in the first ten months of the year exceeded the 2017 budget oil benchmark of $44.50 per barrel by 18 per cent.
The Federal Government on Monday disclosed it has achieved the capital budget performance of 47 percent in 2017, stressing that it hopes to achieve 50 percent before the end of the year.
The Federal Inland Revenue Service (FIRS), on Monday in Abuja, said it generated N3.233 trillion in 10 months, an amount that represented 79.35 per cent of its collection target for 2017.
The Federal Government has proposed to generate additional N1tn non-oil revenue to reduce the deficit and loans in the 2018 budget.
The Senate on Thursday announced the postponement consideration of the 2018-2020 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
The Senate has said Nigerians should not blame the National Assembly if it is unable to meet the December target for the passage of the 2018 Appropriation Bill.
The Senate Wednesday said that the refusal of key government officials to honour its invitation for the consideration of templates contained in the 2018 budget is hampering its plan to pass the budget before the end of December 2017.
The federal government plans to finance the N3.52 trillion deficit in the 2018 budget with revenue from crude oil sales and non-oil sources.
President Muhammadu Buhari has sent the 2018-2020 Medium-Term Expenditure Framework, MTEF, and Fiscal Strategy Paper, FSP, to the Senate.
12Page 1 of 2
The Debt Management Office (DMO) says the release of N1.2 trillion for capital projects by the Federal Government in six months is a positive development in the country.
The Senate at an extended plenary on Tuesday debated the killings by Fulani herdsmen in Benue State and other parts of Nigeria.
The United Nations has appointed retired Lt.-Gen. Chikadibia Obiakor of Nigeria to head a special investigation into the killing of some Burundian refugees in the Democratic Republic of the Congo (DRC).
A secondary school student, Sopuruchukwu Onuoha, was on Monday arrested by operatives of the Owerri Area Command of the Nigeria Police Force for allegedly raping his neighbour (names withheld).
I weep for Nigeria. I weep for the poor masses. Whatever offence that Nigerians committed that made them to be saddled with such weak, cowardly, incompetent and non-caring rulers in Nigeria?
Israel has approved the construction of 1,122 new homes in occupied Palestinian territory in the West Bank, a rights organisation said.
The Gombe State Government is to commence preliminary study to ascertain the types of minerals resources deposited in the state and their quantities.
Barcelona’s Ousmane Dembele has been ruled out for “three to four weeks” in a new blow for the French forward, his club announced on Monday.
The chairman, Peoples Democratic Party (PDP) board of trustees, Walid Jibrin, has called on Senate President Bukola Saraki, Rabiu Kwankwaso, for Kano governor, to “quickly” return.
Rivers State Governor Nyesom Wike has sacked the Caretaker Committee Chairmen of Port Harcourt City, Obio/Akpor and Ikwerre Local Government Areas.