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Budget Office of the Federation
President Muhammadu Buhari on Monday in Abuja received the report of the Presidential Technical Advisory Committee on the Implementation of the National Minimum Wage with a pledge to review it expeditiously.
The Nigerian Labour Congress and the Trade Union Congress have slammed the Federal Government for presenting N27,000 in the New Minimum Wage Bill presented to the National Assembly against the resolution of the tripartite committee.
The Federal Government is set review the expenditure plans of various Ministries, Departments and Agencies (MDAs), in its bid to urgently improve their level of accountability and enhance performance.
The Federal Government says it has reached an agreement with petroleum marketers on the settlement of their outstanding claims.
The Vice President, HE Prof. Yemi Osinbajo, will lead other national and international dignitaries to declare open the 5th edition of the four-day entrepreneurship capacity-building summit kicking off Thursday, October 25, 2018 in Abuja, Federal Capital Territory, Nigeria.
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) on Thursday said it had arrested a former federal budget officer, for allegedly receiving gratification to the tune of N5.5 million.
The Federal Government says it is determined to ensure effective implementation of the 2018 Budget notwithstanding the delay it encountered before it was signed into law.
President Muhammadu Buhari has said that he was compelled to sign the the 2018 appropriation bill containing budget estimates as approved by the National Assembly into law in other not to keep the economy continuously on standstill.
Over the years, the nation’s budget cycle has been inconsistent without a definite pattern, giving room for speculations and poor implementation.
The House of Representatives has threatened to issue a warrant of arrest on the Attorney General of the Federation and minister for justice, Mallam Abubakar Malami, and the chairman of the Presidential panel of the recovery of public properties, Mr. Okoi Obono-Obla, and members of the committee if they fail to appear before it next Tuesday.
Mr Ben Akabueze, Director General, Budget Office of the Federation, said on Monday that the Federal Government released about N2.45 trillion for capital projects from the 2016 and 2017 budgets.
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 implementation of the new national minimum wage would commence in the third quarter of this year, the Federal Government announced on Monday.
The National Assembly Technical Committee on Tax Reforms has assured of harmonious working relationship with the Presidential Initiative on the Ease of Doing Business.
The Federal Government says it is working on a new performance management framework for ministries, department and agencies, MDAs and state-owned enterprises to enhance their capacity for higher revenue returns.
Director-General, Budget Office of the Federation, Mr. Ben Akabueze, yesterday, yesterday defended what has been described as frivolous and suspicious items in the 2018 budget while trying to clarify issues raised by public analysts and Civil Society Organisations (CSOs) on the 2018 budget estimates for the country.
Mr Ben Akabueze, Director General, Budget Office of the Federation, says the Federal Government may go for supplementary budget to implement the new minimum wage if approved by the law.
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Former Vice President Namadi Sambo was yesterday unanimously elected chairman board of trustees of Baze University, Abuja alongside four other new members inaugurated by the board.
The Nigerian Air Force (NAF) will deploy aircraft, military equipment and personnel in Abuja during rehearsals for its 55th Anniversary celebration.
Lionel Messi already deserves to lift a sixth Ballon d'Or regardless of whether he wins the Champions League with Barcelona or not, according to former Brazil striker Rivaldo.
Carlo Ancelotti still believes in Napoli's squad as he backed his players after their Europa League defeat to Arsenal.
The Forum of All Progressives Congress (APC) newly-elected members of the House of Representatives have expressed support for the consensus candidate of the party for the 9th National Assembly Speakership, Femi Gbajabiamila.
The Special Presidential Investigation Panel for the Recovery of Public Property on Wednesday said it had recovered sum of 20 million dollars from one of the commercial banks in the country.
Nigeria’s Golden Eaglets will begin quest for a third Africa U-17 title when they take on hosts Tanzania in the opening game of the 2019 Africa U-17 Cup of Nations at the National Stadium in Dar es Salaam today (Sunday).
The Edo Government has said it will commence both physical and documentary verification of pensioners in the state in batches.
Fighting near Tripoli has killed 121 people since strongman Khalifa Haftar launched an offensive earlier this month to take the Libyan capital, the World Health Organisation said Sunday.
A Sharia Court in Minna on Thursday sentenced a labourer, Hamisu Umar, to 20 strokes of cane for stealing a mobile phone.