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External borrowing: Buhari writes N’Assembly, requests N2.343 trillion

Ihesiulo Grace 19 May 2021 0

Tunde Opalana and Tom Okpe, Abuja President Muhammadu Buhari has written to the National Assembly requesting for the implementation of new external borrowing of N2.343trillion, about US $6.183 billion, in the 2021 Appropriation Act. The letter signed by the President himself explained that the

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Senate passes N10.8trn revised budget for 2020

Ihesiulo Grace 12 June 2020 0

…As Lawan charges Committees on implementation of projects Tunde Opalana, Abuja The Senate, on Thursday, passed the sum N10.805 trillion as revised budget for the 2020 fiscal year following the consideration of the report on the Appropriation Act (Amendment) Bill, 2020. Accordingly, out of the sum of N10,805,544,664,642 to be issued from the Consolidated Revenue […]

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Reps seek release of judiciary funds by Presidency

Ihesiulo Grace 28 November 2018 0

The House of Representatives on Tuesday urged the Buhari administration to direct the Minister of Finance, to release all outstanding funds due the judiciary as contained in the 2018 Appropriation Act. This resolution followed the adoption of the motion entitled: “Refusal of the minister of finance to release funds standing to the credit of the […]

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At last, NASS approves N242bn for 2019 polls

Ihesiulo Grace 17 October 2018 0

…Lawmakers adjust allocation to security agencies …Insist funding must come from N500bn service wide votes Both chambers of the National Assembly, on Tuesday, approved N242, 245,050,100 as total sum of money to be sourced through virement for the 2019 general election. The two chambers at their separate plenaries approved a sum of N189,007,272,393 for the […]