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The Japanese government has conferred one of its highest national honours, the “Order of the Rising Sun, Gold and Silver Star” on the former Minister of Budget and National Planning, Udoma Udoma.
The federal government says it is caught between a rock and hard place on how to raise additional N102.84 billion to bridge the funding gap created in the 2019 budget as a result of the increase of N90.3 billion by the National Assembly.
President Muhammadu Buhari on Monday in Abuja signed the 2019 Appropriation bill of N8.92 trillion into law.
Nigeria’s Finance Minister Zainab Ahmed has reiterated government’s resolve not to remove fuel subsidy. She made the emphasis against the backdrop of long queues emerging at some filling stations amid the fear that a removal was imminent.
President Muhammadu Buhari has directed the Ministry of Finance to sell all recovered and liability-free assets in six months.
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.
Udoma Udo Udoma, the minister of budget and national planning, says the federal government will sell some of its stakes in joint ventures with Shell and Chevron to improve its finances.
President of United Labour Congress (ULC), Mr. Joe Ajaero, has said any increase in Value Added Tax (VAT) to pay the N30,000 new minimum wage would not be accepted except it is discussed with stakeholders in the Labour market.
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.
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 Muhammadu Buhari’s administration places a very high premium on improving health care delivery and social welfare of Nigerians, according to Minister of Budget and National Planning, Sen. Udoma Udoma.
A head of the formal inauguration of President Muhammadu Buhari for a second term, a committee to aid the administration deliver on fresh mandates and policy have been constituted and has commenced work.
The Minister of Budget and National Planning, Senator Udoma Udo Udoma is optimistic that the Nigerian economy will continue to maintain its recovery in 2019 as the real GDP growth is expected to increase from 0.8% in 2017 to 2.1% in 2018 and 3.01% in 2019, with the sustained implementation of the ERGP.
The federal government on Tuesday gave further impetus to childhood immunisation with the signing of a $75 million financing agreement between it and the Bill & Melinda Gates Foundation.
The Federal Government has said it is fighting poverty step-by-step and ameliorating the plight of the poor and vulnerable people across the country.
Minister of Budget and National Planning, Senator Udoma Udo Udoma, has allayed the fears of Nigerians over the softening of the international oil prices, saying that the government willclosely monitor the events with a view to achieving targeted oil production.
The Federal Government says that in spite of its programmes aimed at creating jobs, unemployment rate continues to rise due to rise in population growth.
Manchester United manager Ole Gunnar Solskjaer is confident Odion Ighalo will deliver the goods for the side.
The Senate on Wednesday considered a bill seeking to establish the National Commission Against the Proliferation of Small Arms and Light Weapons.
President of the Senate, Ahmad Lawan, on Wednesday said the National Assembly has devised a strategy that will see to the creation of institutions dedicated to providing enduring solutions to Nigeria's security travails. Academy
The Senate on Wednesday observed a minute silence in honour of renowned Nigerian novelist and former Registrar of the West African Examinations Council (WAEC), Chukwuemeka Ike.
Rangers have been fined £15,000 by the Scottish FA for failing to act in an “orderly fashion” in games against Celtic and Hibernian in December.
The Delta State Police Command has arrested the Proprietor of Grace Life International School, Oghara-Efe, in Ethiope East Local Government Area of the state, Mr Michael Anigholor, who allegedly raped a corp member, (name withheld)
The Gunners want to tie the 18-year-old to a lucrative new long-term contract to replace his current deal, which finishes next year.
Ighalo made his first appearance for the Ole Gunnar Solskjaer’s side in their 2-0 win over Chelsea at Stamford Bridge, the on-loan Shanghai Shenhua star replaced one of the goalscorers, Anthony Martial, with just finished minutes to the end of the game.
The Italian Post Office has delivered a swift response to Juventus manager Maurizio Sarri for suggesting their job is not scrutinised to the same extent as his own as a football manager.
The Independent National Electoral Commission (INEC) has explained why it has paved the way for the swearing-in of the candidate of Peoples Democratic Party (PDP), Douye Diri, as governor of Bayelsa State after Thursday’s Supreme Court judgment that sacked the All Progressives Congress (APC) candidate, David Lyon, who won the November governorship election.