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Tag "2020 budget"

PHOTOS: Osinbajo absent as Buhari signs 2022 budget into law

    PHOTOS: Osinbajo absent as Buhari signs 2022 budget into law

President Muhammadu Buhari on Friday signed a record N17.13 trillion 2022 appropriation bill into law at the state house in Abuja. The president also signed the 2021 finance bill into law. Among

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Senate confirms nominees for downstream authority

    Senate confirms nominees for downstream authority

The senate has confirmed President Muhammadu Buhari’s nominees for the Nigerian Midstream and Downstream Petroleum Regulatory Authority. The upper legislative chamber confirmed the nominees after Mohammed Sabo, chairman of the

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Zainab Ahmed: N1.74trn released for projects in 2020 — 89% of capital budget

    Zainab Ahmed: N1.74trn released for projects in 2020 — 89% of capital budget

Zainab Ahmed, the minister of finance, budget and national planning, says N1.74 trillion have been disbursed to ministries, departments and agencies (MDAs) for capital expenditure as of December 2020. Ahmed

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2020 budget: Senate approves extension of capital component till March

    2020 budget: Senate approves extension of capital component till March

The senate has approved an extension for the capital component of the 2020 appropriation act till March 31, 2021. The amendment to the act was approved after Abdullahi Yahaya, senate

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FG seeks fresh review of 2020 appropriation act

  FG seeks fresh review of 2020 appropriation act

The federal government has written to national assembly for a fresh review of the 2020 appropriation act. This was contained

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Buhari: All MDAs have received 50% of their capital expenditure in 2020 budget

  Buhari: All MDAs have received 50% of their capital expenditure in 2020 budget

President Muhammadu Buhari says all the federal ministries, departments and agencies (MDAs) have received at least 50 percent of their

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REVEALED: FG spent 97% of Jan-May revenue on debt servicing

  REVEALED: FG spent 97% of Jan-May revenue on debt servicing

The federal government spent 97.5 percent of its January to May 2020 revenue on debt servicing. According to the 2021

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Presidency: Why 2020 revised budget is higher than the original

  Presidency: Why 2020 revised budget is higher than the original

Umar El-Yakub, a presidential aide, says the presidency decided to increase the 2020 budget despite a drop in revenue to

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Senate raises crude oil benchmark to $28 per barrel from $25

  Senate raises crude oil benchmark to $28 per barrel from $25

The senate has raised the price of crude oil from $25 as proposed by the executive to $28 per barrel.

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Reps panel warns MDAs against tampering with revised 2020 budget

  Reps panel warns MDAs against tampering with revised 2020 budget

A house of representatives panel has warned government ministries, departments and agencies (MDAS) against tampering with the revised 2020 budget

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