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Medium Term Expenditure Framework
Minister for Finance, Budget and National Planning, Mrs. Zainab Ahmed, has said under-recovery of premium motor spirit (PMS), popularly referred to as fuel subsidy, will gulp N450 billion in 2020.
Sen. Rochas Okorocha, (APC-Imo West) has called for a reduction in the number of legislators.
The Senate has received a written request from President Muhammadu Buhari to present the 2020 Appropriation Bill before a joint session of the National Assembly on Tuesday.
Senate approves 2020-2022 MTEF/FSP, raises federal government’s expenditure estimates to N10.7 trillion
The Senate on Thursday, approved the 2020 to 2022 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP).
President Muhammadu Buhari will present the 2020 budget by 2 p.m. on Tuesday.
The Comptroller General of the Nigeria Customs Service, Hameed Ali, has said that the agency’s revenue has increased during the closure of Nigeria’s borders.
Medium Term Expenditure Framework is to be tabled before House of Representatives for further deliberation on Thursday, Speaker of the House, Hon. Femi Gbajabiamila, has said.
The Federal Government is planning to raise about N1.07tn from the sale of property and businesses in the next three years to shore up dwindling revenues.
The Buhari Media Organisation has described President Muhammadu Buhari’s directive that budgets of government-owned enterprises be captured in the nation’s annual budget as novel and a most welcome idea.
President Muhammadu Buhari’s directive that budgets of government owned enterprises (GoEs) are captured in the nation’s annual budget is novel but a most welcome idea.
The Senate on Thursday resolved to focus its legislative agenda on mitigation of poverty, corruption and revamping of education, among other development programmes.
The Senate Thursday vowed to ensure the merger of some of the over 700 federal agencies in the country believed to be draining the nation’s scarce resources.
The Senate on Wednesday announced formally the receipt of the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) from President Muhammadu Buhari.
Officials of the Buhari administration had promised early submission of the 2020 budget to lawmakers. Senate President Ahmed Lawan has also promised early passage of the budget if submitted early to lawmakers.
The Senate on Tuesday urged the Federal Government to halt kidnappings and killings by armed bandits in some communities in Katsina State.
Ten years ago, Nigeria accounted for half of the world's polio cases, but following an aggressive vaccination program, the African nation is on the verge of being declared polio-free. Despite the milestone, Nigeria's many polio survivors are left to struggle with their disabilities, although one survivor has found a way to provide support and hope for thousands.
Same-sex marriage and abortion became legal in Northern Ireland at the stroke of midnight Tuesday.
Enugu State Government says it will not succumb to recent incidences of insecurity in the state and has reiterated its commitment to security of lives and property of the people.
Google has officially announced that it’s achieved quantum supremacy in a new article published in the scientific journal Nature. The announcement comes exactly one month after it initially leaked, when Google’s paper was accidentally published early.
Two Benineses who allegedly stole their employer’s jewelry and property worth N38 million on Wednesday appeared in an Ikeja Magistrates’ Court.
The Central Bank of Nigeria Governor, Mr. Godwin Emefiele, on Sunday disagreed with the International Monetary Fund (IMF) that foreign exchange restrictions place on some items in the official forex market was impeding the flow of foreign direct investments (FDIs) in the country.
“The bandits don’t allow us to go to farm, the vigilantes wanted to bring an end to this, but when they reached the bandits hideout they were overpowered and the bandits said since the community have decided to attack them, we would not have peace.”
Villarreal left-back Alberto Moreno says Samuel Chukwueze reminds him of his former Liverpool teammate, Sadio Mane.
The authorities of the Nigerian Army wish to inform the general public of the change of name of one of its annual training exercises code-named, “Exercise Egwu Eke” to “Exercise Atilogwu Udo”.
This is a sharp departure from the IGR generations from the previous administrations in the state as records revealed that the state’s IGR during the era of Senator Abiola Ajimobi was between N2billion and N2.5billion.