Home Topics Budget Office of the Federation
Budget Office of the Federation
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.
The Federal Government has established an Inter-Ministerial Committee on harmonisation of data collection and evaluation for the country.
The Minster of Budget & National Planning, Senator Udoma Udo Udoma, has said that Nigeria’s economic outlook for 2018 is looking positive due to the huge potentials available as a result of the various initiatives by government to sustain growth since its exit from recession.
The Nigerian economy will be significantly better in 2018 going by the consistent positive trend of key indicators since the country emerged from recession in the second quarter of last year, the Minister of Budget and National Planning, Senator Udoma Udo Udoma, has said.
12Page 1 of 2
Coach Kabiru Baleria has said Kano Pillars are gradually taking shape ahead of the new season after the huge disappointment of losing the Aiteo Cup final to Enugu Rangers.
Defending champion Team Delta has continued its stronghold on Nigeria sports with its dominance of proceedings at the ongoing 19th National Sports Festival in Abuja.
President Muhammadu Buhari on Monday appointed his wife, Aisha, and the wife of the Vice-President, Mrs Dolapo Osinbajo, to serve on the Presidential Advisory Committee on the Elimination of Drug Abuse in the country.
Six months after his conviction by a Federal Capital Territory High Court, Senator Joshua Dariye, is still receiving the N750, 000 salary and N13.5m monthly running cost from the National Assembly, according to reports.
An Ikeja High Court in Lagos has ruled that the police can arrest a cleric, Prophet Samson Ayorinde, over issuance of a N118 million dud cheque leveled against him.
Iran’s parliament approved a tweaked draft law against funding terrorism on Wednesday which officials hope will bring Tehran closer to global standards and help remove it from investment blacklists as it faces renewed U.S. sanctions.
The Minister of Labour and Employment, Senator Chris Ngige, has chided Femi Falana (SAN) over his position on the “no work, no pay” policy of the Federal Government regarding the ongoing strike by the Academic Staff Union of Universities.
Luka Modric has been voted the best player on the planet and Real Madrid crowned European champions three times in a row but in Huesca, on Saturday they will meet a team from the opposite end of the ladder.
The House of Representatives has denied allegation by a member, Hon. Ehiozuma Johnson Agbonayinma, that there is plot to impeach Vice President Yemi Osinbajo.
Anambra traders urge Governor Willie Obiano to sack Christian Madubuko as Commissioner for Commerce, Industry, Markets and Wealth Creation, for his alleged destruction of markets in the state due to his selfish interest