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Senate President Ahmad Lawan has assured that the bill to amend the Nigeria Deposit Insurance Corporation (NDIC) Act will receive an accelerated hearing to ensure efficiency in the banking system.
The Director General of the Bureau of Public Enterprises (BPE), Mr. Alex Okoh, has advised the federal government to consider the privatisation of federal government-owned enterprises to fund the N10.33 trillion 2020 budget, which has a total deficit of N2.28 trillion.
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has said the temporary closure of Nigeria’s land borders with her neigbours is not to induce revenue generation.
2020 Budget: Anambra lawmakers, commissioner, lament low budgetary allocation to road infrastructure
Some Anambra lawmakers and the State Ministry of Works on Wednesday decried the low budgetary allocated to road infrastructure in the state.
Lagos State Governor, Babajide Sanwo-Olu, has written to the state House of Assembly, seeking for the re-ordering of the 2019 budget.
Lagos Governor, Babajide Sanwo-Olu, has re-ordered the 2019 Budget of the state with a letter to the state Assembly seeking a loan of N250bn.
The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the federal government adopted a lower oil benchmark price of $57 per barrel for the 2020 budget as against the $60 per barrel in the 2019 budget because of the expected oil glut in 2020, as well as the need to cushion against unexpected price shock.
Minister for Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said under-recovery of premium motor spirit (PMS), popularly referred to as fuel subsidy, will gulp N450 billion in 2020.
Mrs Zainab Ahmed, the Minister of Finance, Budget and National Planning, says the nation will not be able to reach 80 per cent revenue performance for 2019.
Reacting to the 2020 budget of Federal Government and its national development plan proposal, Ayobami Oyalowo, an economic analyst, has suggested that the national planning document be made simple and also beharmony with the states.
President Muhammadu Buhari has said that the Finance Bill 2019 he forwarded to the National Assembly when passed into law, will permit the government to raise the country’s Value Added Tax from 5 to 7.5 per cent.
Mr Ben Akabueze, the Director General Budget Office, says the 2020 budget presented by President Muhammadu Buhari tagged the “Budget of Growth and Job Creation” clearly defines its objectives.
President Muhammadu Buhari has said debt servicing in the 2020 budget will gulp N2.45trn, out of which local debts would take N296bn.
President Muhammadu Buhari has said the 2020 budget has been based on a new Value Added Tax of 7.5 per cent.
The Management of the University of Ilorin (UNILORIN) says it has promoted 968 staffs in the 2019 promotion examination.
Nigeria born England international Tammy Abraham is on the verge of landing a boost on his Chelsea contract it has been revealed.
A Civil Society Organisation (CSO), the Accountable Leadership For Better Nigeria Initiative, ALBNI, has called on President Muhammadu Buhari to relieve the Minister of State for Petroleum Resources, Timipre Sylva, of his duties over claims by the latter that debt owed the federal government by the International Oil Companies, IOCs, would be difficult to recover legitimately.
Veteran Nollywood actress, producer and TV personality, Monalisa Chinda, has called for improved welfare and better working environment for Nigerian actors.
A Federal High Court in Lagos has ordered the interim forfeiture of two properties in Ikoyi, Lagos, belonging to former Senate President, Dr. Bukola Saraki.
Fatima, one of the “daughters” of President Muhammadu Buhari’s confidant, Mamman Daura, has offered explanation for why she shot the video in which the First Lady, Aisha Buhari, was shouting at the top of her voice in the Presidential Villa.
The minority leader of the Senate, Senator Enyinnaya Abaribe, has called on President Muhammadu Buhari to intervene in the impeachment of Kogi State Deputy Governor, Mr Simon Achuba, by the House of Assembly.
Lille manager Christophe Gatlier has absolved Victor Osimhen of any blame after the forward failed to score for the fifth consecutive away game in the French Ligue 1 this season.
England bounced back from their first tournament qualifying defeat for 10 years with a 6-0 thrashing of toothless Bulgaria on Monday in Sofia in a Euro 2020 Group A clash.
The best fighters across the country will today converge in Lagos for the 10th Korean Ambassador’s Taekwondo Cup holding at the Molade Okoya-Thomas Hall of Teslim Balogun Stadium.