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Governors of the Southeast geopolitical zone have resolved to work more closely together in order to ensure full implementation of budgets and other fiscal policies of their various states for the good of the people of the region.
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.
The Nigerian National Petroleum Corporation (NNPC) says oil revenue in the first ten months of the year exceeded the 2017 budget oil benchmark of $44.50 per barrel by 18 per cent.
The Federal Government on Monday disclosed it has achieved the capital budget performance of 47 percent in 2017, stressing that it hopes to achieve 50 percent before the end of the year.
The Federal Inland Revenue Service (FIRS), on Monday in Abuja, said it generated N3.233 trillion in 10 months, an amount that represented 79.35 per cent of its collection target for 2017.
The Federal Government has proposed to generate additional N1tn non-oil revenue to reduce the deficit and loans in the 2018 budget.
The Senate on Thursday announced the postponement consideration of the 2018-2020 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
The Senate has said Nigerians should not blame the National Assembly if it is unable to meet the December target for the passage of the 2018 Appropriation Bill.
The Senate Wednesday said that the refusal of key government officials to honour its invitation for the consideration of templates contained in the 2018 budget is hampering its plan to pass the budget before the end of December 2017.
The federal government plans to finance the N3.52 trillion deficit in the 2018 budget with revenue from crude oil sales and non-oil sources.
President Muhammadu Buhari has sent the 2018-2020 Medium-Term Expenditure Framework, MTEF, and Fiscal Strategy Paper, FSP, to the Senate.
President Muhammadu Buhari on Tuesday presented to the House of Representatives, the 2018-2020 medium term expenditure framework (MTEF) and the fiscal strategy paper (FSP) as part of preparations for the presentation of the 2018 appropriation bill.
President Muhammadu Buhari on Tuesday identified failure to appropriately manage the country’s numerous resources, corruption, lack of patriotism among others as reasons why the economy went into recession in 2016, first in 30 years.
Ed Sheeran was crowned top artiste while Bruno Mars took home the R&B gong at the Billboard Music Awards on Sunday.
The Mozambique is prepared to deal with any cases of the deadly disease Ebola, the Ministry spokesperson, Lidia Chongo, told a Maputo press conference.
Barcelona's Lionel Messi welcomes the idea of Atletico Madrid forward Antoine Griezmann, who he called "one of the best players at the moment," joining him at the Camp Nou.
The peace pact in the All Progressives Congress (APC) in Akwa Ibom State was concretised on Saturday with the election of a 37-member State Executive Committee for the party by consensus during its state congress in Uyo.
There was pandemonium in Awka, Awka South Local Government Area of Anambra State on Sunday during the Imo Awka annual cultural celebration, as cult members killed about 15 persons.
A faction of the All Progressives Congress (APC) in Ebonyi State, on Thursday, rejected a new zoning formula proposed by the party’s three-man committee led by the Minister of Science and Technology, Ogbonnaya Onu, for the Saturday’s state congress of the party.
Congo's health ministry says there is one new death from Ebola, bringing to 26 the number of deaths from the deadly outbreak in Equateur province in the country's northwest.
Ebonyi and Enugu State Governors are seeking a refund of N45biliion from the federal government for the rehabilitation of federal roads in their domains.
No fewer than 16 members of different cult groups have been killed and scores others injured in the last one week in the ongoing cult war in major cities and towns, especially in the remote settlements in Delta State.
For traders at the Nigerian Stock Exchange, the third business week in May kicked off recently with more profit-taking by investors, hence leading to a 0.84 per cent or 344.7 basis points in the All Share Index (ASI) which close at 40,677.61 points.