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Budget Office of the Federation

Zainab Ahmed

Federal government, petroleum marketers ‘reach agreement’ on unpaid claims

The Federal Government says it has reached an agreement with petroleum marketers on the settlement of their outstanding claims.
The Vice President, Prof. Yemi Osinbajo, on Friday attended the funeral service of late Pastor Oluwayemisi Adeloye of the Redeemed Christian Church of God (RCCG).

Yemi Osinbajo to declare entrepreneurship forum open

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.

Ex-budget officer in ICPC net over N5.5 million gratification

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.

Minister: Federal government will ensure effective implementation of 2018 Budget

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 Buhari: I was compelled to sign 2018 budget

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.

Experts: Budget cycle inconsistency hindering economic, development

Over the years, the nation’s budget cycle has been inconsistent without a definite pattern, giving room for speculations and poor implementation.

House of Representatives threatens to arrest AGF Abubakar Malami, Okoi Obono-Obla, others

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.

Ben Akabueze: Federal government releases N2.5 trillion for capital projects in two years

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.

Budget Office: Why passage of 2018 budget is being delayed

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.

Chris Ngige: New minimum wage implementation begins third quarter

The implementation of the new national minimum wage would commence in the third quarter of this year, the Federal Government announced on Monday.

National Assembly, Presidency to harmonise on tax reforms

The National Assembly Technical Committee on Tax Reforms has assured of harmonious working relationship with the Presidential Initiative on the Ease of Doing Business.

Federal govt considers new performance framework for MDAs

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.

Budget Office defends proposals in 2018 Appropriation Bill

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.

Federal govt plans for supplementary budget to implement new minimum wage

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.

2018 budget cannot be padded – Ben Akabueze

The Director-General, Budget Office of the Federation, Mr Ben Akabueze, says the Federal Government’s 2018 Budget cannot be padded.

Federal govt sets up committee on data harmonisation

The Federal Government has established an Inter-Ministerial Committee on harmonisation of data collection and evaluation for the country.

Nigeria’s economy will do better in 2018 – Senator Udoma

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.

Indicators point to better economic performance in 2018 – Senator Udoma

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.

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