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2020 Appropriation Act

Recall that the N10.594 trillion 2020 Budget passed by the National Assembly was on Tuesday assented to by President Muhammadu Buhari. 4

President Buhari’s speech at signing into law of revised 2020 budget

Speech by His Excellency, Muhammadu Buhari, President of the Federal Republic of Nigeria at the signing into law of the Appropriation (Repeal and Amendment) Act, 2020 Presidential Villa, Abuja. Friday, 10TH July, 2019
national assembly abuja

National Assembly committees begin consideration of revised 2020 budget

Some committees in the Senate and House of Representatives will on Thursday begin consideration of the revised 2020 budget proposal transmitted to the National Assembly by the Executive, it was learnt on Wednesday.
Director of Information, National Assembly Abuja, Rawlings Agada, has said the sum of N37 billion, approved for the renovation of the National assembly complex may not be enough for the work.

National Assembly urged to strengthen oversight on defence sector

Civil Society Legislative Advocacy Centre (CISLAC) has urged the National Assembly to strengthen its legislative oversight on defence in order to restore integrity, reduce leakages and promote accountability in the defence and security sector.
President Muhammadu Buhari on Monday signed the finance bill into law.

New VAT rate takes off as President Buhari signs Finance Bill into law

The increase of the Value Added Tax (VAT) rate from 5 per cent to 7.5 per cent has taken effect following the signing into law the Finance Bill, 2019, by President Muhammadu Buhari on Monday.
Abubakar Malami

2020 budget will gulp bulk of looted funds recovered

There were indications on Tuesday that paucity of funds available to the Federal Government to meet infrastructural needs, especially the implementation of the 2020 budget when passed, may compel the government to channel most of the funds so far recovered through its anti-graft policy into the budget.

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