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Medium Term Expenditure Framework
The Kaduna State Government says it is working towards presenting the state 2021 draft budget to the Executive Council for ratification in October.
The Federal Government has faulted former Vice President Atiku Abubakar’s comment on the debt profile of the nation saying his comments were based “on scaremongering anchored on a false premise.”
A former Vice President of Nigeria, Atiku Abubakar, has said that Nigeria is in a crisis state following its rising debt profile which he described as alarming.
The Presidency on Thursday urged the House of Representatives to speedily pass the 2020-2022 Medium Term Expenditure Framework (MTEF), and Fiscal Strategy Paper (FSP) and the revised Appropriation Bill, 2020 for the fiscal year.
President Muhammadu Buhari has written to the House of Representatives to request for the approval of fresh external borrowings totalling $5.513bn.
Some committees in the Senate and House of Representatives will on Thursday begin consideration of the revised 2020 budget proposal transmitted to the National Assembly by the Executive, it was learnt on Wednesday.
Governor Yahaya Bello of Kogi State has assured workers that they will get their May salary before the Eid-el Fitri celebration.
The Leadership of the National Assembly on Thursday met with the Minister of Finance, Budget and National Planning to be briefed by the latter on the plan by the Federal Government to amend the N10.59 trillion 2020 budget passed by the National Assembly in December last year.
The Presidency on Thursday in Abuja listed measures put in place by President Muhammadu Buhari to make life better for Nigerians in post COVID-19 era.
The Minister of Finance, Zainab Ahmed, has disclosed that the amount available for funding the 2020 Budget is now estimated at N5.548 trillion.
The Federal Executive Council (FEC) has approved a revision of the 2020 Budget from N10.594 trillion to N10.523 trillion, reflecting a N71.5billion downward review.
President of the Senate, Ahmad Lawan, on Wednesday, urged the Federal Government to ensure equity and fairness in the distribution of the stimulus package across the country.
The Leadership of the National Assembly on Wednesday held a meeting with some Ministers and Heads of agencies from the Executive arm of Government to brainstorm on the impact of Coronavirus pandemic on the Nigerian economy.
Plateau State Government has budgeted the sum of N1 billion for the acquisition of election materials for local government election in four council areas where elections were suspended last year due to insecurity.
Franck Ribery has said he could reconsider his future in Italy after his house was burgled on Sunday afternoon while he was playing for Fiorentina at Parma.
The Christian Association of Nigeria has warned state governments that have failed to allow the reopening of churches to address the situation.
Barcelona have been cleared by the Court of Arbitration for Sport (CAS) of committing fraud when they signed Neymar from Santos.
The Nigerian Electricity Regulatory Commission (NERC) said Tuesday that it is reviewing the responses of some power distribution companies (Discos) to its queries on the flouting of capping order issued by the commission.
As the clamour for a President of Igbo extraction in 2023 continues to gather momentum, the Minister of State, Education, Hon Emeka Nwajiuba, has urged the South East to exercise caution in its quest or campaign for the “Igbo Presidency”.
Newcastle United legend, Alan Shearer, has said he can see a lot of himself in Manchester United whiz Mason Greenwood.
Wife of the Benue State Governor, Mrs Eunice Ortom, has tested positive for COVID-19
The kidnapped Chairman of Nigeria Labour Congress, Delta State, Comrade Goodluck Ofobruku, has regained his freedom after paying an undisclosed amount of money.
Newly-promoted Italian Serie A club Benevento has expressed interest in signing former Super Eagles captain, John Mikel Obi, this summer.
The police on Friday arraigned a house maid, Valerie Okwor, in a Grade I Area Court Nyanya, Abuja, for allegedly stealing gold jewellery worth N3 million.