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FCT minister calls for more funding for infrastructure

Ihesiulo Grace 20 October 2019 0

In order to match infrastructure with the growing population of Abuja the FCT Minister, Malam Muhammad Bello, has called for increased funding for projects in the Federal Capital Territory. According to a statement signed by the Chief Press Secretary to the minister, Anthony Ogunleye, the

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NGO trains education officials on UBE Act in Kaduna

Ihesiulo Grace 18 October 2019 0

The Legal Defence and Assistance Project (LEDAP), an NGO, has trained 50 key education officials in Kaduna State on implementation of the Universal Basic Education (UBE) Act. LEDAP’s Programme Director Pamela Okoroigwe said at the opening of the training on Thursday in Kaduna that the move was part of efforts to promote the right to […]

Business Economy Money Money Oil & Gas

Fuel subsidy to gulp N450 bn in 2020 -finance minister

Ihesiulo Grace 15 October 2019 0

Mrs Zainab Ahmed, the Minister for Finance, Budget and National Planning says under-recovery of Premium Motor Spirit (PMS), popularly referred to as fuel subsidy will gulp N450 billion in 2020. She said this on Monday in Abuja, at the public presentation of the 2020 budget proposals. Ahmed said it was called ‘under-recovery’ because it was […]

Business Economy Money Money

Brace up for tax remittances, expert urges youths

Ihesiulo Grace 11 October 2019 0

Nigerian youths have been hinted that they will form a large chunk of the 45 million tax payers by December 2019, a target set by the Federal Inland Revenue Services (FIRS). This is according to an expert, Mr Agu David who highlighted the importance of tax paying to select youths at the Poetry meets tax […]

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2020 budget: Diverse opinions further greet Senate debate

Ihesiulo Grace 11 October 2019 0

As the debate on the 2020 budget entered the second day on Thursday, senators further expressed diverse views as some picked holes in the appropriation bill while others commended President Muhammadu Buhari. Senator Emmanuel Bwacha (PDP Taraba) said Nigeria’s budget lacks implementation discipline to make budgets effective. He said: “It has become an annual

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Fashola says 2020 budget will drive development of states

Ihesiulo Grace 10 October 2019 0

Minister of Works and Housing, Babatunde Fashola, has described the 2020 budget as pro- people and pro-state, saying it would drive development in the states and enhance the well-being of the ordinary people. Speaking when the Chief Executive Officer of TVC Communications, Mr. Andrew Hanlon paid him a courtesy visit in his office, Fashola said […]

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2020 Budget: NGO decries poor allocation to agriculture

Ihesiulo Grace 9 October 2019 0

Abuja – The Feed Africa Advocacy Network(FAAN), an agriculture based Non Governmental Organisation(NGO), says the allocation of N83 billion to the agricultural sector in 2020 Budgetary was abysmal and needed to be revisited. The Executive Director of the network, Mr Chika Okeke, who made this known at a news conference in Abuja on Wednesday, said […]

Featured

Gov Emmanuel proposes N597bn 2020 Budget

Ihesiulo Grace 9 October 2019 0

Governor Udom Emmanuel has presented a budget proposal of N597 billion for the 2020 fiscal year to Akwa Ibom State House of Assembly with emphasis on education, industrialization and poverty reduction. The budget which is christened ‘Budget of Industrialisation for poverty alleviation phase 2’, is predicated on the policy thrust to gradually metamorphose Akwa Ibom […]

Business Economy

Experts reaction trail Buhari’s N10.77trn 2020 budget presentation

Ihesiulo Grace 9 October 2019 0

…It’s high time Nigeria found ways to address its deficit issues -Economist …Government must stop saying our GDP is within means -Expert …Budget does not capture how the Govt will lift 100m out of poverty -Rotimi Economists and finance experts have reacted to the N10.77trillion 2020 budget presented to the joint session of the National […]

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2020 budget : Works, Power, get highest allocation

Ihesiulo Grace 9 October 2019 0

Abuja -The Ministry of Works and Housing on Tuesday got the highest projected allocation of N262 billion from the N10. 33 trillion budget estimates. This was contained in the proposal as presented by President Muhammadu Buhari to a joint session of the National Assembly on Tuesday. He said that the projected allocation of Ministry of […]

Politics

Basing 2020 budget on new VAT rate creates a lacuna – Don

Ihesiulo Grace 9 October 2019 0

Abuja – An economist, Dr Aminu Usman, has commended President Muhammadu Buhari  for the early presentation of the 2020 budget estimate of N10. 33 trn to the National Assembly. The don made the commendation in a telephone interview . Usman, the Head, Department of Economics, Kaduna State University, said that the early submission of the budget […]