News

Blackmail won’t stop N/assembly from scrutinizing 2017 budget – Dogara

Ihesiulo Grace 14 February 2017 0

Speaker of the House of Representatives, Yakubu Dogara, on Monday said no amount of blackmail will stop the National Assembly from properly scrutinising the 2017 Appropriation Bill. Dogara made this assertion at the opening of a 3-Day public hearing on the 2017 budget organized by the Senate

Business

Manufacturing, power, construction to benefit from 2017 budget – SEC

Ihesiulo Grace 10 February 2017 0

The Securities and Exchange Commission  (SEC) yesterday listed manufacturing, trade,  works, power,  housing and transport as the sectors that would benefit much from the Federal Government’s 2017 budget if well implemented. Dr. Afolabi Olowookere, SEC Head, Economic Research and Policy Management Division, said this at the 2017 budget seminar organized by the commission

News

Enugu 2017 budget will end recession in the state – lawmakers

Ihesiulo Grace 17 January 2017 0

Members of the Enugu State House of Assembly have hailed the state’s 2017 budget appropriation, saying that if properly implemented, it would end recession in the state and also bring hope to the people. Making contribution on the floor of the House yesterday, on the appropriation bill which debate was earlier deferred, members gave kudos […]

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Wike signs Rivers State  N470b 2017 budget into law

Ihesiulo Grace 14 January 2017 0

The Rivers State Governor, Nyesom Ezenwo Wike,  has given his assent to the state N470billion 2017 Appropriation Law passed by the Rivers State  House of Assembly barely two weeks ago, with a pledge  to  accelerate  the  development of the State this fiscal year. Speaking during  the signing ceremony, Governor Wike  commended the Rivers State House of Assembly […]

News

Lagos: 2017 budget will be IGR- driven, says Finance commissiomer

Ihesiulo Grace 9 January 2017 0

Lagos state Commissioner for Finance, Mr. Akinyemi Ashade, has given a breakdown of the N812.998bn 2017 Appropriation Bill, which was signed into law by Governor Akinwunmi Ambode on Monday. The breakdown came on the heels of the signing into law the 2017 appropriation bill as he addressed journalists in Alausa, Ikeja. According to Ashade who […]

News

Ambode signs 2017 budget into law

Ihesiulo Grace 9 January 2017 0

Lagos state governor, Mr. Akinwunmi Ambode, Today signed the N812.998bn 2017 Appropriation bill into law, with a promise that it would be judiciously implemented to consolidate on the modest milestones recorded in the last 18 months and propel the State to a path of prosperity. The governor, who spoke at a brief but impressive ceremony, […]

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Lagos Assembly passes 2017 budget

Ihesiulo Grace 4 January 2017 0

The Lagos state House of Assembly on Tuesday passed the 2017 budget proposal of N812. 99 billion for the state.The sum of N305, 28 billion was earmarked for recurrent expenditure while capital expenditure got N507.82 billion of the budget as passed by the House.Governor Akinwunmi Ambode had on November 29, 2016 presented an Appropriation Bill […]

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No N29bn provision to fight militancy in 2017 Budget

Ihesiulo Grace 3 January 2017 0

The Ministry of Budget and National Planning has said that there was no truth in the story that N29 billion was budgeted to fight militancy in 2017. The story according the ministry appeared in the Monday, January 2, 2017 edition of Thisday newspaper, with the headline PANDEF expresses displeasure over N29b budgeted to fight militancy […]

Capital Market

Budget implementation, others to shape stock market in 2017 – Analysts

Ihesiulo Grace 3 January 2017 0

As challenging as the nation’s stock market in 2016 was, analysts say that the situation for investors in the market could get tougher except the right policies are put in place. “As the market resumes for another year today, investors are already taking positions in the sectors the budget will touch but if we are […]

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Rivers Assembly passes 2017 budget into law

Ihesiulo Grace 30 December 2016 0

Less than 48 hours after Governor Nyesom Wike of Rivers state presented the N470billion Budget for 2017 to state House of Assembly, the lawmakers have passed the document, as estimated, into law.   The lawmakers unanimously passed the budget at plenary yesterday after considering the report of the Appropriation Committee.   Leader of the House, […]

News

Lalong’s 2017 Budget Gives Priority To Works And Transport

Ihesiulo Grace 20 December 2016 0

Governor Simon Lalong on Tuesday presented the Year 2017 Budget proposal of N132billion to the House of Assembly, assuring that the budget would be judiciously implemented to continue the massive infrastructural renewal and the enhancement of Plateau State as one of the foremost destination for peace and tourism in Nigeria. The Governor, who christened the […]

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2017 Budget: FG to service debt with N1.66tn as capital expenditure takes N2.24tn

Ihesiulo Grace 19 December 2016 0

…Power, Works and Housing: N529bn, Transportation: N262bn, Special Intervention Programmes: N150bn, Defence:N140bn The Federal Government of Nigeria has allocated the sum of N1.66 trillion to debt servicing out of the total N7.298 trillion proposed for the 2017 budget while the overall projected fiscal deficit of the budget stood at N2.36 trillion, which is about

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2017 Budget: Buhari to appear before Senate Dec.14

Ihesiulo Grace 7 December 2016 0

President Muhammadu Buhari will on December 14 2016 present the 2016 Appropriation Bill with whiich his administration plans to take the country out of recession to the joint session of the National Assembly.. The President in a letter addressed to the Senate President, Dr. Bukola Saraki, read at senate plenary Tuesday, requested for 10;00am slot […]

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Lagos Assembly begins work on 2017 budget

Ihesiulo Grace 5 December 2016 0

Members of the Lagos state House of Assembly have commenced work in earnest on the state 2017 budget presented to it by the Governor, Akinwumi Ambode on Tuesday, November 29. The Governor had presented a budget estimate of N812. 998bn to the State Assembly for 2017 fiscal year for its consideration and approval. The House […]

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We’re Not Frustrating 2017 Budget Proposal Over Constituency Project Issue -Senate

Ihesiulo Grace 29 November 2016 0

The Senate, on Monday, dismissed news report that it was all out to frustrate the submission of the 2017 budget proposal by President Muhammadu Buhari because of the presidency’s aversion to the Senators’ constituency projects.  The Senate said the report published by a national daily, (not Daily Times) was totally false and misleading.  It said […]

News

Ogun 2017 budget is realistic -Assembly Speaker

Ihesiulo Grace 24 November 2016 0

The Speaker of the Ogun State House of Assembly, Hon. Suraju Ishola Adekunbi, has expressed confidence in the realization of the objective of the state’s 2017 fiscal budget, “the Budget of Repositioning”, which was presented to the assembly by the Governor, Senator Ibikunle Amosun on Thursday. The Speaker said the budget would achieve the success […]