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Tag "2022 budget"

N’assembly passes revised 2022 budget, raises it by N193bn

    N’assembly passes revised 2022 budget, raises it by N193bn

The national assembly has passed a revised budget of N17.31 trillion for the fiscal year of 2022. The two chambers of the national assembly revised the budget after considering reports

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Reps approve N369bn 2022 budget for customs

    Reps approve N369bn 2022 budget for customs

The house of representatives has approved the sum of N369.136 billion as the budget of the Nigeria Customs Service (NCS) for the 2022 fiscal year.  The lower legislative chamber approved

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‘Budget deficit projected to hit N7.35trn’ — Buhari seeks reps’ approval for new borrowing

    ‘Budget deficit projected to hit N7.35trn’ — Buhari seeks reps’ approval for new borrowing

President Muhammadu Buhari has written to the house of representatives seeking an increase in the 2022 budget deficit to be financed through borrowing from the domestic market. Buhari said this

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Akabueze: Nigeria’s revenue trajectory is positive without oil 

    Akabueze: Nigeria’s revenue trajectory is positive without oil 

Ben Akabueze, director-general, budget office of the federation, says Nigeria is deliberately diversifying in 2022, as oil revenue failed to meet its projected target in 2021. Akabueze said this during

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Lawan: Government-owned enterprises can generate N3trn revenue annually

  Lawan: Government-owned enterprises can generate N3trn revenue annually

Senate President Ahmad Lawan says revenue generating agencies of the federal government are capable of generating N3 trillion annually. Lawan

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BudgIT: We’ve uncovered 460 duplicated projects worth N378.9bn in 2022 budget

  BudgIT: We’ve uncovered 460 duplicated projects worth N378.9bn in 2022 budget

BudgIT, a civic-tech non-profit organisation, says 460 projects amounting to N378.9 billion were duplicated in the 2022 budget. Iyanu Fatoba,

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2022 budget: Infrastructure projects take priority as Lagos targets 1trn revenue

  2022 budget: Infrastructure projects take priority as Lagos targets 1trn revenue

The Lagos state government says the N1.24 trillion targeted revenue in 2022 will be used to fund the N521.28 billion

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Zainab Ahmed: FG has surpassed N1trn from independent revenue collection

  Zainab Ahmed: FG has surpassed N1trn from independent revenue collection

Zainab Ahmed, minister of finance, budget and national planning, says federal government independent revenue surpassed the N1 trillion mark for

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TIMELINE: N143bn in 2017, N505bn in 2021… six times n’assembly increased the budget under Buhari

  TIMELINE: N143bn in 2017, N505bn in 2021… six times n’assembly increased the budget under Buhari

On Friday, President Muhammadu Buhari signed a record N17.13 trillion 2022 appropriation bill into law — less than a week after the

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Presidency: Why 2022 budget was approved despite alterations

  Presidency: Why 2022 budget was approved despite alterations

The presidency says there are no issues between President Muhammadu Buhari with the national assembly over alterations in the recently

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