Home Topics 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.
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.
The Speaker of Kogi State House Assembly, Hon. Mathew Kolawole, has formally received some members of the opposition parties who recently defected to the ruling All Progressives Congress (APC).
There was drama on a major highway in Ado Ekiti, the Ekiti State capital, when a young man suspected to be an Internet fraudster ran mad in full public glare on Sunday evening.
The peace efforts initiated by the Zamfara government have continued to yield more fruits with 30 additional captives released by bandits on Sunday, after eight months in captivity.
Vice President Yemi Osinbajo, on Sunday, prayed for peace and blessings for the people of Akwa Ibom as the state marked the 32nd anniversary of its creation.
The All Progressives Congress (APC) has now got one member in the Akwa Ibom House of Assembly following the declaration of Mr Nse Ntuen of Essien Udim state constituency the winner by the House of Assembly Elections Tribunal, sitting in Uyo, on Sunday.
In the wake of the ‘Blue girl’ incident where a woman killed herself after being arrested trying to access a football stadium a FIFA delegation has demanded Iran allow women free unlimited access to stadiums.
As part of the ongoing efforts to curb illegal oil dealings in the Niger Delta, oil giant Shell Petroleum Development Company (SPDC) said that it has introduced an advanced surveillance technology in tracking vandalisation of its joint venture assets.
Chinese experts arrived in Thailand to investigate the death of a beloved giant panda, zoo officials said Thursday, as millions of netizens in China questioned the cause of the male bear’s sudden demise.
A fire at a Koranic school near the Liberian capital Monrovia overnight killed at least 26 children and two teachers, the president’s office said Wednesday.
Rafael Nadal has pulled out of his Laver Cup matches on Sunday due to inflammation in his hand.