President Muhammadu Buhari on Monday constituted a committee to assess the impact of the Coronavirus outbreak on Nigeria’s economy with a view to cut down the size of the 2020 budget and reduce the $75 oil benchmark. The Minister of Finance, Budget and National Planning, Hajiya Zainab Ahmed,
Abuja – The Minister of Finance, Budget and National Planning, Zainab Ahmed, says the outbreak of Covid-19 has negatively impacted Nigeria’s oil revenue, saying a mid-term review of the 2020 budget will be carried to reflect the realities on ground. The minister stated this when she fielded questions from State House correspondents at the end […]
The Minister of Finance, Budget and National Planning, Zainab has charged members of the Geo-Referenced Infrastructure and Demographic Data for Development (GRID3) on the relevance of data in conducted their functions. The Minister gave the charge when she convened National Steering and Technical Committees Maiden Joint Meeting of GRID3 Nigeria. Ahmed convened the National
President Muhammadu Buhari has signed the 2019 finance bill alongside the 2020 appropriation bill into law. The law alongside the 2020 Budget is aimed at reforming Nigeria’s tax system to align with global best practices, support MSMEs through the Ease of Doing Business initiative. Just In: Supreme Court suspends hearing of Tambuwal, Ihedioha, others It […]
Governor Gboyega Oyetola of Osun state on Monday signed the 2020 budget of N119.5 billion into law, promising that the budget would be fully implemented. The governor signed the budget in his office in Osogbo shortly after it was formally presented to him by the Speaker of the state House of Assembly, Mr. Timothy Owoeye. […]
Few days after the signing into law of the 2020 budget by Governor Muhammadu Inuwa Yahaya, the Gombe state Fiscal Responsibility Commission has prepared and published a report containing analysis of the state’s Appropriation Act. This is the first time such a report is being produced in seven years which the agency’s Chairman, Abubakar Tata […]
Gov. Gboyega Oyetola of Osun, on Monday, signed the 2020 budget of N119.5 billion into law, promising that the budget would be fully implemented. The governor signed the budget in his office in Osogbo shortly after it was formally presented to him by the Speaker of the state House of Assembly, Mr Timothy Owoeye. Governor […]
Rivers State Governor, Nyesom Ezenwo Wike has signed the 2020 Budget of the state.Governor Wike signed the 2020 Appropriation Bill passed by the State House of Assembly into law at the Executive Council Chambers of the Government House Port Harcourt on Monday. The 2020 Rivers Budget is christened: Budget of “Reassurance, profound impact for inclusive […]
The National Assembly, Universal Basic Education (UBE) and the National Judicial Council (NJC) and six other agencies are set to receive N565.59 billion as a statutory transfer in the 2020 budget. A breakdown of the statutory transfer for 2020 budget by Daily Times shows that the National Assembly has the largest share of the statutory […]
United Nations – The General Assembly has adopted a budget of 3.07 billion dollars for the United Nations in 2020. It followed the consideration of the report of the Assembly’s Fifth Committee, which handles administrative and budgetary matters. This is the first annual budget of the organisation in 45 years, according to the UN, which […]
Abuja – The Authority of the ECOWAS Heads of State and Governments have adopted the 2020 to 2024 Action Plan to eradicate terrorism in the sub-region with a budget of 2.3 billion dollars. The Authority adopted the budget implementation during its 56th Ordinary Session held in Abuja following the call for the urgent need to address […]
Akure – Gov.Oluwarotimi Akeredolu of Ondo State on Thursday presented a fiscal proposal of N177 billion for 2020 to the Ondo State House of Assembly. The 2020 budget was tagged “Budget of Growth.” Akeredolu, who presented the budget to the Assembly through the Commissioner for Economic Planning and Budget, Emmanuel Igbasan, said it reflected the […]
Lokoja – Gov. Yahaya Bello of Kogi on Wednesday signed N176 billion 2020 Budget of the State into law, tagged: ”Budget of Prosperity”, for capital and recurrent expenditures Bello commended the Assembly members for their patriotism and commitment to serve the people of the state after signing the 2020 Budget at Government House, Lokoja, He […]
Abuja – The Minister of Finance, Budget and National Planning, Hajia Zainab Ahmed, says deductions are being made from states for the Budget Support Facilities given by the Federal Government. Zainab disclosed this while briefing State House correspondents after the National Economic Council (NEC) meeting presided over by Vice President Yemi Osinbajo on
Yola – The Adamawa House of Assembly on Thursday passed the state’s N183 billion budget for 2020. This followed the adoption of the report of the House Committee on Finance, Budget and Appropriation presented by the chairman, Mrs Kate Mamuno (PDP-Demsa) at plenary. Mr Hammantukur Yettusiri, the Majority Leader moved the motion for the adoption […]
Washington – The U.S. Senate has passed a 1.4-trillion-dollar spending package that is expected to be signed into law by President Donald Trump. The spendings bills – approved in two votes of 73-21 and 81-11 – come ahead of a Friday deadline to fund the government or face a shutdown. Last year Republican lawmakers and Trump […]
Abuja – The Buhari Media Organisation (BMO) has commended the quick passage of the 2020 Budget by the National Assembly and its subsequent assent by President Muhammadu Buhari on Tuesday. In a statement signed by its Chairman Niyi Akinsiju in Abuja on Tuesday, BMO said the passage was an indication of the progressive leadership evolving […]
Abuja – The Nigerian Association of Small and Medium Enterprises (NASMEs), on Thursday said that early passage of the 2020 budget would accelerate the achievement of Nigeria’s goals. Mr Auwal Bununu, the Zonal Vice President (North Central) of the association said this in a telephone interview with the News Agency of Nigeria (NAN). The National […]
Awka – Prof. Maduabuchi Dukos, a lecturer at the Nnamdi Azikiwe University, Awka, has commended the Federal Government for returning the country to the January-December Budget Circle. Dukos disclosed this while speaking on Friday in Awka. He said the action was a pointer to the fact that the Executive and Legislature were ready to work […]
The 2020 Appropriation Bill has been okayed by the Senate, the Senate on Thursday also jerked the 2020 budget to N10.594trn Budget . 2020 Appropriation Bill (SB. 80) is read the THIRD time and PASSED.#TodayInSenatePlenart — The Nigerian Senate (@NGRSenate) December 5, 2019 The Senate, on Thursday at plenary, passed the 2020 budget of N10.594 trillion […]