Home Topics MTEF

MTEF

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.

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.

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.
Nigeria's Budget Minister Udoma Udo Udoma speaks during the public presentation and breakdown of 2018 Appropriation Act in Abuja, Nigeria.

Senator Udoma: Federal government fiscal strategy targets growth-enhancing sectors

Budget and National Planning Minister, Senator Udoma Udo Udoma, on Thursday told the Senate Committee on Finance that some slight adjustments had been effected on the 2019 Medium Term Fiscal Framework and Fiscal Strategy Paper (MTEF/FSP) between when it was approved by the Federal Executive Council and the finalization of the 2019 Budget Proposals.
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.
Udoma Udo Udoma, minister of budget and national planning

2019 Budget: Federal government accuses National Assembly of delaying submission process

The Federal Government has blamed the National Assembly for delays in submitting the 2019 budget estimates.

Ahmad Lawan: PDP meeting stalled Senate consideration of MTEF/FSP

Senate leader Ahmad Lawan says National Executive Council meeting of Peoples Democratic Party (PDP) stalled consideration of the Medium Term Expenditure Framework and the Fiscal Strategy Paper

Recent Stories

Isa Ashiru

Kaduna guber: PDP seeks cancellation of 515, 951 votes

The Peoples Democratic Party (PDP) and its Governorship candidate, Isah Ashiru, will on Monday ask the Kaduna State Elections Petition Tribunal to cancel a total 515, 951 votes which it contended were unlawfully added to the total votes cast during the March 9 poll.
The President of the Senate, Ahmad Lawan, has unreservedly condemned the shameful assault on former Deputy President of the Senate, Senator Ike Ekweremadu, on Saturday in Nuremberg, Germany.

Senate president condemns attack on Senator Ekweremadu in Germany

The President of the Senate, Ahmad Lawan, has unreservedly condemned the shameful assault on former Deputy President of the Senate, Senator Ike Ekweremadu, on Saturday in Nuremberg, Germany.

First batch of Katsina State pilgrims return from Hajj

The first batch of Katsina State pilgrims, numbering 495, have arrived Umaru Musa Yar’adua Airport, Katsina safely after completion of the 2019 hajj.
“No matter our good intentions, we will not see a transformation in agriculture if we continue to invest less than 10 per cent of our budget on agriculture,” Mr Sanginga said during a courtesy visit to the Governor of Oyo State, Seyi Makinde, in Ibadan.

What Nigeria must do to transform agricultural sector – IITA chief

A double-digit investment in the agricultural sector backed by a vibrant rural infrastructural network will help states in Nigeria to accelerate the transformation of agriculture, says Nteranya Sanginga, Director General of the International Institute of Tropical Agriculture (IITA).
Senator Shehu Sani, has said that Indigenous Peoples of Biafra, IPOB spanked the wrong Horse with the Wrong Whip on the wrong track has condemned the attack on the former Deputy Senate President, Senator Ike Ekweremadu, in Nuremberg Germany.

Senator Ekweremadu: IPOB spanked the wrong hose – Shehu Sani

Senator Shehu Sani, has said that Indigenous Peoples of Biafra, IPOB, spanked the wrong Horse with the Wrong Whip on the wrong track has condemned the attack on the former Deputy Senate President, Senator Ike Ekweremadu, in Nuremberg Germany.