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National Bureau of Statistics NBS

NBS: Service sector contributed N1.2 trillion to Edo’s GDP in 2017

The Nigeria Bureau of Statistics (NBS) has said that Edo state’s service sector contributed N1.2 trillion to its N2.3 trillion Gross Domestic Product (GDP) in 2017.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Oil benchmark lowered over expected crude glut – minister

The Minister of Finance, Budget and National Planning, Zainab Ahmed, has said the federal government adopted a lower oil benchmark price of $57 per barrel for the 2020 budget as against the $60 per barrel in the 2019 budget because of the expected oil glut in 2020, as well as the need to cushion against unexpected price shock.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Fuel subsidy to gulp N450 billion in 2020 – minister

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.
Former Governor of Imo State, Senator Rochas Okorocha, on Monday lamented that the immediate past Minister of Power, Works and Housing, Babatunde Fashola is now having gray hair because the work of heading three ministries was to big for him.

Senator Okorocha wants number of lawmakers reduced to save cost

Sen. Rochas Okorocha, (APC-Imo West) has called for a reduction in the number of legislators.
President of the Senate, Ahmad Lawan, presiding over the plenary in the upper chamber on Thursday, 3rd October, 2019.

Senate receives President Buhari’s request to present 2020 Budget Tuesday

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.
President of the Senate, Ahmad Ibrahim Lawan, said on Tuesday that all standing committees of the upper chamber will be inaugurated on Wednesday.2

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 Buhari presents 2019 Budget to the National Assembly on 19th Dec 2018-6

President Buhari to present 2020 budget next Tuesday

President Muhammadu Buhari will present the 2020 budget by 2 p.m. on Tuesday.
The Speaker of the House of Representatives, Femi Gbajabiamila, has approved the appointment of Olarewaju Lasisi as his senior special adviser on media and public affairs. 3

House of Reps approves MTEF

The House of Representatives on Thursday passed the 2020 to 2022 Medium Term Expenditure Framework and Fiscal Strategy Paper.
Senate President Ahmed Lawan

Senate receives MTEF/FSP report

The Senate on Thursday received the report of its Committee on Finance and National Planning on the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP).
Retired Col. Hameed Ali, Comptroller-General of Nigeria Customs Service (NCS), on Thursday said the closure of Nigeria’s borders by Federal Government was undertaken to strengthen the nation’s security and protect its economic interests.

Hameed Ali: Nigeria Customs revenue increased during border closure

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.
Buhari Media Organisation (BMO)

BMO lauds President Buhari’s move for inclusive budget with GoEs

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.
Senate President Ahmed Lawan

Senate seeks merger of federal government agencies

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.
President of the Senate, Ahmad Lawan (left) discussing with Senate Minority Whip, Senator Philip Aduda (APC Lagos East), during the plenary on Thursday, 26 September, 2019

Senate refers MTEF/FSP to finance committee

The Senate on Thursday referred the 2020-2022 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) documents to its Committee on Finance.
Senate President Ahmed Lawan

Senate receives MTEF, FSP documents from President Buhari

The Senate on Wednesday announced formally the receipt of the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) from President Muhammadu Buhari.

Senator Lawan: Senate to inaugurate committees on Wednesday

President of the Senate, Ahmad Ibrahim Lawan, said on Tuesday that all standing committees of the upper chamber will be inaugurated on Wednesday.

Femi Falana: What federal government should do before implementing increase in VAT rate

Human Rights Lawyer, Femi Falana, has called on the Federal Government to propose a Money Bill to the National Assembly before the implementation of the increase in Value Added Tax (VAT).
The President of the Senate, Ahmad Lawan, said on Friday that the National Assembly is eager to receive the 2020 budget proposals 5

Senator Lawan: We are hungry, thirsty to receive 2020 Appropriation Bill

The President of the Senate, Ahmad Lawan, said on Friday that the National Assembly is eager to receive the 2020 budget proposals.
The President of the Senate, Dr Ahmad Lawan has described insinuations that he is a rubber stamp to the Executive as “sentimental and laughable”.

Senator Lawan: Senate to give priority to MTEF, FSP on resumption

The President of the Senate, Dr Ahmad Lawan, on Friday said the senate would give priority debate to the Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP), when it resumes for plenary on Sept. 24.

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Lawyer loses certificates to midnight inferno in Ogun

Abeokuta based lawyer Nurudeen Olaleye has lost his BL, LLB and other professional certificates, to a midnight inferno which razed his family compound in Oke-Toku Area of Abeokuta metropolis, the Ogun State capital.
Former Ivory Coast international Didier Drogba was evasive when asked about his ambition to run as president of the Ivorian Football Federation (IFF).

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Thierry Henry to coach Olympic Eagles striker in MLS

Okonkwo who is presently in Egypt with the national team taking part in the U-23 Africa Cup of Nations Olympic qualifiers. Okonkwo was on target for Nigeria against Zambia on Tuesday and would be looking forward to increasing his goals on Friday against South Africa in the last group B match.

Nigeria,Tanzania, Kenya youths emerge winners of nuclear technology video competition

Youths from Nigeria, Tanzania and Kenya have been awarded first prize for a youth video competition they researched on nuclear energy technology, a statement from ROSATOM Central and Southern Africa says.
Mrs. Busola Dakolo, the wife of Nigeria’s inspirational singer, Timi Dakolo, has asked the High Court of the Federal Capital Territory in Abuja to dismiss the preliminary objection filed against the rape case she instituted against the Senior Pastor of Commonwealth of Zion Assembly, Biodun Fatoyinbo.

COZA rape scandal: I’ll appeal Abuja court judgement – Busola Dakolo

Celebrity photographer, Busola Dakolo, on Thursday said she would appeal the ruling of Justice O. A. Musa of the Federal Capital Territory High Court in Abuja against Pastor Biodun Fatoyinbo of Commonwealth of Zion Assembly over alleged rape.