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President Muhammadu Buhari has forwarded the 2019 to 2021 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the National Assembly for approval.
Ben Akabueze, the Director General of the Budget Office, says the Nigerian National Petroleum Corporation is paying N53 on every litre of petrol consumed by Nigerians.
A financial expert, Prof. Uche Uwaleke, on Thursday said that the Federal Government’s decision to reduce the size of the 2019 budget to N8.73 trillion would reduce inflation threat.
The Joint Committee of the National Assembly on the Independent National Electoral Commission on Friday suspended indefinitely, deliberations on the N189bn budget submitted by the commission for the conduct of 2019 elections.
The House of Representatives on Tuesday called on the Federal Government to ensure payment of 33 per cent pension savings to pensioners in the country.
Vice President Osinbajo: Federal government recovers N7.8 billion, $378 million, £27,800 through whistleblower’s policy
Vice President Yemi Osinbajo on Monday said that Nigeria has recovered about N7.8 billion, $378 million and £27,800 through the Whistleblower’s Policy launched by President Muhammadu Buhari in December 2016.
The Federal Government spent a total of N4.3tn to service the country’s debt obligations to local and foreign debtors between January 2015 and September 2017, figures obtained from the Budget Office on Friday showed.
The Director General, Budget Office, Mr Ben Akabueze, has indicated that public servants would still be pushing through the implementation of the 2018 budget against the impediments to governance by electioneering activities in the run-up to 2019 general elections.
Alhaji Hassana Shekarau, Chairman, House Committee on Pension, said that the Federal Government has released N54billion to National Pension Commission (PenCom) for the payment of the 33 per cent pension’s arrears to pensioners.
For quicker economic development, the Minister of Finance, Mrs. Kemi Adeosun, on Tuesday called for more technical and institutional support from the Africa Regional Technical Assistance Center West 2 (AFRITAC West 2) for West African countries.
Lagos-based lawyer and human rights activist, Mr Femi Falana, has called on President Muhammadu Buhari to stop payment of double salary and allowances to legislators in the light of revelations that a senator collects N13.8m monthly as running cost.
Femi Falana, human rights lawyer, says Shehu Sani’s revelation that every senator gets paid a total of N13.8 million monthly proves Nigerian legislators are the highest paid in the world.
The Budget Office of the Federation has debunked claims that the 2018 budget has not been passed because some details required for its passage were not submitted.
The Governing Council of Federal Polytechnic, Ado Ekiti, Ekiti state have suspended the Registrar, Mrs. Sade Adediran, and the Bursar, Mr. E.A. Onaolapo, for three months to give room for investigation of N98 million scam and on-going reforms in the institution.
The Amalgamated Union of Public Corporation, Civil Service Technical and Recreational Service Employees (AUPCTRE) has appealed to President Muhammadu Buhari to stop the proposed sale of National Historical Assets to fund the 2018 budget.
Hundreds of policemen, who do business at the Nigeria Police Force Micro-Finance Bank, yesterday, in Yola, besieged the bank’s premises demanding immediate payment of two month salaries.
The Senator representing Kaduna Central Senatorial District, Shehu Sani, has kicked against the selling of Tafawa Balewa Square, National Arts Theatre to finance the 2018 budget.
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.
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Mozambique’s government said on Monday that it had identified 30,000 “ghost employees” in its civil service who cost $250 million between 2015 and 2017.
Governor Ifeanyi Ugwuanyi of Enugu State has announced free transportation for indigenes of the state living in other parts of the country, who intend to return home to celebrate the festive season with their loved ones.
Apparently irked by allegations from the opposition that President Muhammadu Buhari ordered the raid of the home of Aliyu and Mustapha, sons of the People Democratic Party (PDP) presidential candidate, former Vice President Atiku Abubakar, the Presidency has advised Nigerians to ignore such claims.
The federal government says though it is the constitutional right of the former President Olusegun Obasanjo to support a candidate for an election, his endorsement, however, does not guarantee victory.
The presidential candidate of the Allied Congress Party of Nigeria, Mrs. Obiageli Ezekwesili, has urged President Muhammadu Buhari to sign the Electoral Act Amendment Bill 2018.
The Central Bank of Nigeria (CBN) in collaboration with the Nigerian Postal Service (NIPOST) reveals it would commence a national Micro Finance Bank (MFB) in January 2019
The Federal Government will definitely proffer lasting solutions to the incessant clashes between farmers and herdsmen in affected states across the country.
Niger state government deploys over 150 security personnel to safeguard lives and property in areas affected by spate of kidnapping and other acts of banditry
China has announced it will "immediately" implement measures agreed under a trade war truce with the United States.
Sen. Olarenwaju Tejuosho, Chairman, Senate Committee on Health, has called on the executive to release the additional one million dollars meant for Family Planning services.