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2018 Appropriation Bill

FRC: 2018 budget passage a relief to the nation

Mr Victor Muruako, Acting Chairman, Fiscal Responsibility Commission (FRC), says the passage of the 2018 Appropriation Bill by the National Assembly is a relief to the nation.

2018 Budget: 2.3m bpd oil benchmark too optimistic – BudgIT

BudgIT, a civil society organisation, has expressed disapproval of the recently passed 2018 budget as being overly optimistic, especially the 2.3 million barrels per day (bpd) oil production benchmark and other revenue indicators.

Senator Goje: Minimum wage, subsidy not in 2018 budget

The Chairman, Senate Committee on Appropriation, Sen. Danjuma Goje, has said that no provision was made in the 2018 Budget for any increase in minimum wage during the year.

National Assembly passes 2018 Budget with N508bn increment

The Budget was increased by the legislature by N508 billion, from N8.61 trillion proposed by President Muhammadu Buhari in Appropriation Bill presented to the assembly in November, 2017.

House of Representatives to pass 2018 budget Wednesday

The House of Representatives on Tuesday said the 2018 Appropriation Bill of N9.12 trillion would be passed on Wednesday.

National Assembly urged to expedite budget passage

The Nigerian Textile Manufacturers Association (NTMA), has urged the National Assembly to aid economic growth by not reneging on its pledge to pass the 2018 Budget on May 16.

Governor Amosun signs 2018 appropriation bill into law

The Ogun State Governor, Senator Ibikunle Amosun, has signed into law the state’s 2018 Appropriation Bill of N343.9 billion for the 2018 Budget.

2018 Budget: Governor Akeredolu to spend N15 billion on roads

Ondo State Government is to spend N15b next year to construct roads across the three senatorial districts of the state.

Kwara Assembly suspends debate of 2018 budget over Poly fees

The Kwara State House of Assembly on Wednesday announced the suspension of further consideration of the 2018 Appropriation Bill following non-implementation of its directive on school fees in the state polytechnic.

2018 Budget: Senator Ashafa tasks minister Rotimi Amaechi on rail operation before 2019

Senator Gbenga Ashafa, who is also Chairman, Senate Committee on Land Transport, has urged the Federal Ministry of Transport to ensure delivery of standard gauge rail lines and other vital rail infrastructure to Nigerians before 2019.

Senators, House of Reps members fault in 2018 budget proposal

Both chambers of the National Assembly have berated the Federal Government’s 2018 budget proposal, saying its assumptions are unrealistic.

Why National Assembly may not meet December target for 2018 budget passage – Senate

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.

Petroleum ministry to spend N610 million for ‘7 big wins’ implementation

The Ministry of Petroleum Resources has earmarked N610 million for the implementation of the ‘Seven Big Wins’, a programme designed by the Ministry to reform the petroleum industry

2018 Budget: President Buhari has empathy for every section of Nigeria – Senator Magnus...

The senator representing Rivers South-East district in the National Assembly, Senator Magnus Ngei Abe, has said the content of the 2018 Appropriation Bill shows that President Muhammadu Buhari has empathy for every section of Nigeria.

2018 Budget: Federal govt not courageous enough to increase spending – Bismarck Rewane

A leading economist and financial derivatives analyst, Bismarck Rewane, has said the federal government is not courageous enough to increase its spending in the 2018 budget proposal.

2018 Budget: Ex-ANAN chief urges federal govt to ensure enormous investment in infrastructure

Former President, Association of National Accountants of Nigeria (ANAN), Dr Samuel Nzekwe, has advised the Federal Government to ensure enormous investments in infrastructure to provide growth in the nation’s economy.

Federal, states, local govts to receive more revenues in 2018 – President Buhari

President Muhammadu Buhari on Tuesday in Abuja said that the three tiers of government would receive additional 12 per cent revenues in 2018.

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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NFL bans players from kneeling during national anthem

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