Thursday, November 15, 2018

Tag "2015 budget"

    SERAP: N17bn added to 2015 budget a breach of UN convention against corruption

SERAP: N17bn added to 2015 budget a breach of UN convention against corruption

The Socio-Economic Rights and Accountability Project (SERAP) has asked President Muhammadu Buhari to order an investigation into the N17 billion allegation regarding the 2015 budget.In her book — ‘Fighting Corruption is Dangerous: The Story Behind the Headlines’ —, Ngozi Okonjo-Iweala, a former minister of finance, had said members of the national assembly increased their budget by N17 billion before it was [...]

0 comment Read Full Article
    N17bn: Okonjo-Iweala clarifies comment on 2015 budget after backlash from ex-lawmaker

N17bn: Okonjo-Iweala clarifies comment on 2015 budget after backlash from ex-lawmaker

Yusuf Galambi, a former member of the house of representatives, says the national assembly never asked for a bribe to pass the 2015 budget.Ngozi Okonjo-Iweala, former minister of finance, had written in her book — ‘Fighting Corruption is Dangerous: The Story Behind the Headlines’ — that the lawmakers increased the 2015 budget by N17billion before it was passed.Her published account [...]

0 comment Read Full Article
    Ex-militants get N24b as reps pass 2015 budget

Ex-militants get N24b as reps pass 2015 budget

The federal house of representatives on Thursday approved the sum of N20,085,865,120 for the presidency in the passage of the budget of the 2015 fiscal year, with the stipends and allowances of 30,000 Niger Delta ex-militants to gulp N23.625 billion.The house approved a total sum of N4.493 trillion, which is an increase of N135.4 billion over what was proposed by the executive [...]

3 comments Read Full Article
    Reps pass MTEF, fix oil benchmark for $54 per barrel

Reps pass MTEF, fix oil benchmark for $54 per barrel

The house of representatives on Thursday passed the medium term expenditure framework (MTEF), putting the oil benchmark for the 2015 budget at $54 per barrel against the $65 proposed by the federal government.However, the senate, in February, passed the MTEF, putting the oil benchmark for the 2015 budget at $52 per barrel.Presenting the report of the committee on finance, appropriations, [...]

0 comment Read Full Article
    Fashola presents N489.69bn budget proposal for 2015

Fashola presents N489.69bn budget proposal for 2015

Babatunde Fashola, governor of Lagos state, on Monday presented a 2015 budget proposal of N489.69 billion to the state house of assembly for consideration.Fashola, who will be leaving office in May 2015 after completing two terms, said that the budget size was retained in order to keep zero deficits for the incoming government.“We have retained the same budget size of 2014 [...]

0 comment Read Full Article
    Amosun presents 2015 budget

Amosun presents 2015 budget

Ibikunle Amosun, governor of Ogun state, on Tuesday presented to the state house of assembly a budget of N210.354 billion for the 2015 financial year.The 2015 budget proposal of N210.354bn was slightly higher than the 2014 approved budget of N210.28bn.Noting that falling oil prices affected the performance of the 2014 budget, Amosun said that the state would fund its budget [...]

0 comment Read Full Article
Advertisement
Advertisement

 

Advertisement

Advertisement

Exchange Rates

November 13, 2018USDGBPEUR
INTERBANK306397354
LAGOS359475418
KANO359476420
PH360476420
ABUJA359478419
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
Advertisement
Advertisement
Advertisement