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Benue 2022 appropriation bill of N155.61bn passes 2nd reading

Ihesiulo Grace 4 November 2021 0

Benue Financing , Recurrent and Capital Expenditure Appropriation Bill of N155,611,390,265 for the 2022 fiscal year, on Thursday passed the second reading on the floor of the Benue State House of Assembly, in Makurdi. The News Agency of Nigeria (NAN) reports that the recurrent expenditure of

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Buhari signs N10.8tn revised 2020 budget

Ihesiulo Grace 11 July 2020 0

*Directs release of 50% of capital expenditure *FG records N1.48tn revenue in 2020, expects decline in govt revenues *Economy to begin recovery before year end President Muhammadu Buhari has signed into law the revised N10.8 trillion 2020 budget, and directed the release of at least 50 per cent of the approved 2020 revised capital expenditure […]

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Obaseki presents N175.7bn Budget to Edo Assembly

Ihesiulo Grace 27 November 2018 0

The Edo State Governor, Mr. Godwin Obaseki, on Monday presented the 2019 Appropriation Bill with plans to spend a total of N175.7 billion in the 2019 fiscal year, broken into: Capital Expenditure, N95.8 billion and Recurrent Expenditure, N79.9 billion. Presenting the 2019 Budget Estimates to a session of the Edo State House of Assembly in […]

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FG releases N460bn for 2018 capital projects

Ihesiulo Grace 11 October 2018 0

…Sets to increase its shares in Afreximbank The Federal Government has disclosed that it has released N460billion from the N2.1 trillion capital expenditure for 2018 budget implementation. The Minister of Budget and National Planning, Senator Udoma Udo Udoma, stated this on Wednesday in Bali, Indonesia, after meetigng with a delegation of Afreximbank officials on 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