Saturday, April 13, 2019

Tag "2018 budget"

    How FG plans to fund N3.52trn deficit in 2018 budget

How FG plans to fund N3.52trn deficit in 2018 budget

The federal government plans to finance the N3.52 trillion deficit in the 2018 budget with revenue from crude oil sales and non-oil sources.According to the medium term expenditure framework (MTEF) and fiscal strategy paper (FSP), 43.2 percent of funds are projected to come from oil revenue, while 56.8 percent is to be earned from non-oil sources.Data from the MTEF and [...]

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    El-Rufai presents 2018 budget to state assembly

El-Rufai presents 2018 budget to state assembly

Nasir el-Rufai, governor of Kaduna, on Thursday presented a budget proposal of N216.55 billion to the state house of assembly.Speaking while making a presentation of the 2018 appropriation bill tagged: 'Budget of consolidation', el-Rufai said it is aimed at completing the various projects embarked by his administration.He said priority was given to capital projects and N131 billion voted for that, [...]

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    2018 budget ‘will be ready in January’ NOT October

2018 budget ‘will be ready in January’ NOT October

Udoma Udoma, minister of budget and national planning, says the 2018 budget will be ready in January 2018 instead of the October 2017 he earlier announced.Udoma, represented by Aso Vakporoye, deputy director, economic growth in the ministry, spoke in Abuja on Wednesday during the public presentation and capacity building on 2017 agriculture budget."For 2018, the federal government part of it [...]

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    Enang: National assembly will get 2018 budget in October

Enang: National assembly will get 2018 budget in October

Nigeria’s 2018 appropriation bill will be submitted to the national assembly in October, Ita Enang, special adviser to President Muhammadu Buhari on national assembly matters (senate), has said.He said this on Sunday when he appeared at a NAN forum in Abuja.The national assembly had fixed October as the deadline for the submission of the bill.Enang said the federal government was committed [...]

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    N305/$, 2.3mbpd, N7.9trn… 5 things to know about proposed 2018 budget

N305/$, 2.3mbpd, N7.9trn… 5 things to know about proposed 2018 budget

Udoma Udoma, minister of budget and national planning, has released some details about the proposed budget for 2018.The minister revealed the details during an interactive session with top government officials, civil society organisations and organised private sector (OPS) on the 2018-2020 medium term expenditure framework (MTEF) and fiscal strategy paper (FSP).He said the early submission of the budget would give [...]

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Exchange Rates

April 12, 2019USDGBPEUR
INTERBANK306397354
LAGOS362475413
KANO361474413
PH361475412
ABUJA362476413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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