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The Federal Government has released N1.58 trillion as capital expenditure to Ministries, Departments and Agencies (MDAs), from the 2017 budget.
The Minister of Budget and National Planning, Udoma Udo Udoma, has explained that the federal government had been unable to achieve full implementation of the 30 per cent capital components of the 2016 and 2017 budgets because of high recurrent burden and dwindling revenue.
The Senate on Tuesday challenged the Minister of Finance, Kemi Adeosun, on Federal Government’s insistence on passing the 2018 Budget in January when less than 50 per cent of the 2017 budget was only implemented.
The Department of Petroleum Resources (DPR) officials, yesterday, disclosed to members of the Senate Committee on Petroleum (Upstream), that they intend to spend N355 million for foreign trips in the 2018 fiscal year.
Minister of Transportation Rotimi Amaechi on Monday said that the ministry achieved only 16.5 per cent performance in the implementation of the 2017 Budget.
This development, they argued, could affect the nation’s economy as quantum of over 180 million Nigerians who could benefit from the contract may be sidelined in the process.
The Presidency has given indication that the federal government may not be able to meet the huge financial obligation the striking Academic Staff Union of Universities (ASUU) demands.
The Auditor General of the Federation, Mr. Anthony Ayine, has called on the Senate to speedily pass the Audit Autonomy Bill currently before it to strengthen the present administration’s anti-corruption fight of enthroning transparency, accountability and good governance.
Acting President Yemi Osinbajo has said that the N7 trillion federal budget for 2017 is not sufficient to facilitate the desired economic development in the country, hence the government was making the investment climate profitable and easy for private sector involvement.
The Director General, Budget Office of the Federation, Mr Ben Akabueze, on Monday said the 2018 Executive Budget proposal would be submitted to the National Assembly in October.
Rangers winger Jamie Murphy fell to the synthetic surface in the 17th minute of the club's 3-1 Scottish league cup win, and Gerrard, who is still unbeaten as a manager after nine games in all competitions with Rangers, was asked if the pitch was to blame for the injury.
Kano State Government has disbursed N99 million to 6,600 women under its empowerment programme as start up capital to enable them establish their chosen businesses for self-reliance.
Eritrean president Isaias Afwerki has tasked the people of South Sudan to continue on the path of liberation despite internal squabbles and external machinations.
The Secretary to the Government of the Federation, Boss Mustapha, is asking Nigerians to support the Federal Government in ensuring peace in the nation.
Over 29 Borno Youth coalition comprising 19 youth forum and 10 Borno tertiary institutions students forum have endorsed senator Mohammed Ali Ndume’s re-election bid in the upcoming 2019 election for southern Borno senatorial district on the platform of the All Progressive Congress (APC).
Theatre Commander, Operation LAfiya Dole, Maj. Gen Abba Dikko, while handing over the 23 children to the United Nations through UNICEF office in Maiduguri on Saturday, said the exercise was in conformity with international best practise.
The World Health Organisation has reaffirmed its commitment to combat Yellow fever in Nigeria with the support of GAVI, the Vaccine Alliance.
Ogun State government says nothing could be farther from the truth like the insinuation that the relationship with its workforce is fractured.
The Acting President, Prof. Yemi Osinbajo, on Friday visited the scene of a collapsed three-storey shopping complex at Utako, Abuja.
Members of the All Progressives Congress (APC) in the Plateau State House of Assembly have passed a vote of confidence on President Muhammadu Buhari and Governor Simon Lalong ahead of 2019 general election.