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Medium Term Expenditure Framework

Stakeholders urge Kaduna government to prioritise agriculture, education

Some Civil Society Organisations (CSOs) working around budget in Kaduna State, on Monday, called on the state government to prioritise agriculture, education and youth development in its 2020 budget.

President Buhari and appointment of ministers

Nigerians will recall that the 2019 presidential election was held on February 23, 2019 after the Independent National Electoral Commission postponed it within a few hours to its opening on February 16, 2019. The incumbent, President Muhammadu Buhari, was declared the winner within a couple of days after the election.

Governors hail Melee Kyari’s appointment as NNPC boss

The Nigerian Governors’ Forum (NGF) has hailed and totally endorsed the appointment of Mr Melee Kyari as the new Nigerian National Petroleum Corporation (NNPC), even as the national oil company has equally expressed its readiness to continuously work with them in the urgent task of growing crude oil production, growing renewable energy and expanding the revenue base of Nigeria.
Femi Gbajabiamila

Speaker Gbajabiamila urges Presidency to return to January-December budget cycle

The Speaker of the House of Representatives, Hon. Femi Gbajabiamila, yesterday urged the Presidency to ensure the early submission of the Medium Term Expenditure Framework, MTEF, to allow for the early passage of the 2020 budget.
The Nigerian Senate Wednesday postponed the third reading of the 2019 Appropriation Bill till Tuesday.

Senate passes 2019 budget

Goje said the need to provide for the severance benefits of outgoing lawmakers, their aides, provision for the National Assembly orientation programme, election, and others accounted for the about N86 billion increase.

Solid minerals as revenue earner?

For so many years, following the lead of the resources that came into the national treasury from oil and gas, the mining of solid minerals has been touted as the next big source of revenue. The memories of solid minerals exploitation, including tin and coal, before the discovery of oil provided some nostalgia about bringing back old revenue sources to life.
Babatunde Fowler FIRS

FIRS targets N750 billion from millionaire tax debtors

The Federal Inland Revenue Service expects to pull in about N750 billion from about 55,000 millionaire tax debtors.

FIRS: Tax defaulters to lose property to government

Individuals and corporate bodies found guilty of tax evasion are to henceforth lose their properties to the Federal Government, the Chairman, Federal Inland Revenue Services (FIRS), Babatunde Fowler, has said.

Experts: VAT increment will further worsen Nigerians’ situations

A notice by Minister of Budget and National Planning, Senator Udoma Udo Udoma and Executive Chairman of Federal Inland Revenue Service (FIRS) Mr. Babatunde Fowler of government’s intention to raise the rate of value added tax (VAT) before the end of 2019 is presently causing ripples among various categories of Nigerians.
Babatunde Fowler FIRS

FIRS: No plan to increase VAT to 50%

The Federal Inland Revenue Service (FIRS) says it has no plans to increase the rate of value added tax (VAT) from 5 percent to 50 percent.

FIRS refutes report of 50% VAT increase

The Federal Inland Revenue Service (FIRS) on Wednesday refuted report of planned increment of Value Added Tax (VAT) by 50 per cent to meet up payment of the newly proposed minimum wage.
Udoma Udo Udoma, minister of budget and national planning

Federal government to adjust 2019 budget to accommodate new minimum wage

The Federal Government would send request to the National Assembly for adjustments to the 2019 budget to reflect ways of sourcing funds to pay the new national minimum wage which was approved by the Senate.
President Buhari visits the Train the Trainer Course organised by the Election Planning and Monitoring directorate of the APC Presidential Campaign Council in Abuja on 28th Jan 2019-6

President Buhari hosts APC senators, candidates to a dinner at Aso Rock

President Muhammadu Buhari on Monday hosted All Progressives Congress (APC) Senators and candidates to a dinner at the Presidential Villa, Abuja.
President Buhari visits the Train the Trainer Course organised by the Election Planning and Monitoring directorate of the APC Presidential Campaign Council in Abuja on 28th Jan 2019-4

Adams Oshiomhole: Why President Buhari met with APC senators

President Muhammadu Buhari on Monday hosted All Progressives Congress (APC) Senators and candidates to a dinner at the Presidential Villa, Abuja.

Rotimi Akeredolu presents N190 billion 2019 budget to Ondo Assembly

Governor Oluwarotimi Akeredolu of Ondo State on Monday presented an Appropriation Bill of N190 billion for the 2019 fiscal year to the State House of Assembly for scrutiny and approval.

2019 Budget: CSJ tasks federal government on MTEF, N203.38 billion recovered loot

The Centre for Social Justice (CSJ) has urged the Federal Government to address the status of the N203.38bn recovered loot and the Medium Term Expenditure Frameworks (MTEF) in the 2019 budget proposal presented by President Muhammadu Buhari to the joint session of the National Assembly.

Federal government faults FAAN, NTDC, others over non-remittance of operating surplus

The Fiscal Responsibility Commission (FRC) has faulted several government agencies’ reluctance to remit their operating surplus into the Consolidated Revenue Fund (CRF).

Ali Ndume urges colleagues not to boycott 2019 budget presentation

Sen. Ali Ndume (APC, Borno South) has pleaded with his colleagues in the Senate and House of Representatives not to boycott the 2019 Budget presentation by President Muhammadu Buhari.

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The Federal High Court Abuja, on Monday, refused to grant a request stopping President Muhammadu Buhari from inaugurating the 43 ministerial nominees over the exclusion of an FCT indigene from the cabinet list.

Pass all requests for meetings with me through Abba Kyari – President Buhari tells ministers

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COAS: Nigerian Army ready to enhance local capacity in logistics provision

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