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Tag "2022 budget"

Senate passes N819bn supplementary budget to ‘cushion flood effects, complete critical projects’

    Senate passes N819bn supplementary budget to ‘cushion flood effects, complete critical projects’

The senate has passed a supplementary budget of N819 billion for the 2022 fiscal year. The development came after the senate extended the implementation of the 2022 budget till March

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Senate approves Buhari’s request to extend 2022 budget implementation till March 2023

    Senate approves Buhari’s request to extend 2022 budget implementation till March 2023

The senate has extended the implementation of the 2022 budget till March 31, 2023. The national assembly approved N17.12 trillion for the 2022 fiscal year in December 2021. The upper

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Senate committee quizzes NEITI over N960m personnel cost

    Senate committee quizzes NEITI over N960m personnel cost

The senate committee on public accounts has summoned the Nigeria Extractive Industries Transparency Initiative (NEITI) over the N960 million personnel cost in the 2022 budget allotted to 43 employees. Responding

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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)

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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

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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

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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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