Thursday, February 13, 2020

Tag "budget passage"

Reps pass customs 2018 budget of N104bn

The house of representatives has passed the Nigeria customs service (NCS) 2018 budget of N103.5 billion. The lower legislative chamber passed the NCS budget on Thursday, after considering the report of the committee on customs and excise, as presented by James Faleke, the committee chairman. Of the N103 billion, N49.3 billion is budgeted for personnel cost during the 2018 fiscal year while [...]

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    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 [...]

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    House of reps adjourns but fails to lay 2018 budget as promised

House of reps adjourns but fails to lay 2018 budget as promised

The house of representatives has adjourned Tuesday's plenary without laying the 2018 appropriation bill for passage as earlier promised. Last week, Abdulrazaak Namdas, spokesman of the lower legislative chamber, said the 2018 budget would be laid before the lawmakers on Tuesday and passed within the week. “By next week (ie. this week), everything about the budget will be treated and passed,” he [...]

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    Saraki contradicts house of reps, says budget to be passed next week

Saraki contradicts house of reps, says budget to be passed next week

Senate President Bukola Saraki says the national assembly will pass the 2018 appropriation next week. This contradicts the earlier date the house of representatives set for the passage of the budget. Last week, Abdulrazaak Namdas, spokesman of the house of representatives, said the budget would be laid before the lawmakers on Tuesday and passed within the week. “By next week (ie. this week), [...]

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Exchange Rates

February 04, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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