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MTEF FSP

President of the Senate Ahmad Lawan on Tuesday tasked top security officials to beef up security measures at the National Assembly.

National Assembly leadership meet ministers on planned 2020 budget review

The Leadership of the National Assembly on Wednesday held a meeting with some Ministers and Heads of agencies from the Executive arm of Government to brainstorm on the impact of Coronavirus pandemic on the Nigerian economy.
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).
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).
President Muhammadu Buhari has returned to Nigeria after his trip to New York where he participated in the 74th session of the United Nations General Assembly. 1

BMO hails President Buhari move to streamline budget

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.
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.
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.

Federal government receives N2 trillion revenue in six months – Budget Office chief

The Federal Government received two trillion naira as revenue from January to June 2019, Director-General of the Budget Office, Mr Ben Akabueze, has said.
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.

Federal govt presents revised MTEF/FSP to Senate

The Federal Government has presented a revised 2018 to 2020 Medium Term Expenditure Framework and Fiscal Strategy Paper (FSP) to the Senate for consideration.

FEC approves refinancing of Nigeria’s domestic debt into $3bn treasury bills

The Federal Executive Council, FEC, on Wednesday approved the refinancing of the country’s domestic debts into treasury bills worth $3 billion as part of the overall strategy of government to reduce the cost of borrowing.

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Overland Airways

Overland Airways suspends flight operations

Overland Airways will temporarily shelve its flight operations from Saturday, March 28, 2020 to Sunday, April 5, 2020, as part of efforts to contain the spread of the COVID-19 (Coronavirus) pandemic.
An explosion has occurred along Akure-Owo expressway, a few kilometres from the Akure metropolis.

Confusion over explosion in Akure

An explosion has occurred along Akure-Owo expressway, a few kilometres from the Akure metropolis.
Energy minister Gwede Mantashe on Thursday tweaked regulations for generators with a capacity of less than 1 megawatt (MW), effectively exempting them from the need to obtain a licence from the regulator

South Africa tweaks rules for small-scale power producers

South Africa has eased regulations govening small-scale power producers as part of efforts to tackle the country’s energy problems, but industry experts said the changes did not go far enough.
The Lagos State Government has started construction of another Isolation Centre.

Company donates air conditioners to Onikan isolation centre

As part of her contributions to government’s effort towards mitigating the spread of COVID-19 pandemic in Nigeria, Mandilas Group Ltd, the sole franchise dealer of Carrier air conditioners in Nigeria, has donated air conditioners in support of GTBank’s effort to create a 100-bed isolation centre at Onikan, Lagos.
Arsenal have identified Real Betis playmaker Nabil Fekir as a replacement for Dani Ceballos, whose loan deal expires this summer.

Arsenal eye Real Betis star as Dani Ceballos replacement

Arsenal have identified Real Betis playmaker Nabil Fekir as a replacement for Dani Ceballos, whose loan deal expires this summer.