The Budget Office of the Federation has corrected what it described as a false narrative on the N246 billion budgetary allocation to the North East Development Commission (NEDC). The Office said it was untrue that the sum of ₦246 billion was approved as “salaries budget.” for the development commission. Tanimu Yakubu, the Director […]
The Budget Office of the Federation has said the Federal Government recorded a total revenue inflow of N20.98 trillion in 2024. In its fourth quarter (Q4) 2024 budget implementation report, the office said the amount was an increase of N8.50 trillion, representing 68.11 percent, compared to the N12.48 trillion generated in 2023. “Total revenue inflow […]
Tom Okpe, Abuja The House of Representatives Finance Committee, on Tuesday, invited the Nigerian Customs Service, Accountant General of the Federation and Budget Office to appear before it on Monday and explain issues surrounding the collection and appropriation of the Nigerian Shippers’ Council 2% Ports Development Levy revenue. This was as the Executive Secretary, Nigerian […]