Home Topics MTEF
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, 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.
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.
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 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.
President of the Senate, Ahmad Ibrahim Lawan, said on Tuesday that all standing committees of the upper chamber will be inaugurated on Wednesday.
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.
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.
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.
Chelsea legend and former Cote d’Ivoire captain, Didier Drogba, is favourable to secure the top job of his country’s football body.
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.
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.
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.
The Ebonyi State Police Command, on Wednesday, arraigned three persons, Mbam Oliver, 35; Mbam Igbogu, 40; and Chukwuemeka Nwovu, 22, for allegedly stealing goats and fish.
A jubilant Kristina Mladenovic and Caroline Garcia led France to its first Fed Cup title since 2003 on Sunday, winning a deciding doubles rubber to crush Australian dreams 3-2.
According to Tuttosport, the former Bayern Munich star, who has not featured for Juventus this campaign, has decided that he wants to move to Man United, having failed to agree on a move to Qatar earlier in the season.
The Association called on governments at all levels to take advantage of the digital disease reporting template of the Federal Department of Veterinary and Pest Control Services (FDVPCS) to monitor diseases and intensify veterinary control post activities to combat the scourge.
The Social Democratic Party (SDP) has said that it will present a candidate for the Ondo State 2020 governorship election.