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We spent over N1.5trn on capital in 2017 budget – Adeosun

Ihesiulo Grace 14 May 2018 0

As Nigerians await the passage of the 2018 Budget, the Federal Government has said it has expended over N1.5 trillion for the 2017 fiscal year . The Minister of Finance, Mrs Kemi Adeosun disclosed this on Sunday in a tweet through her official verified Twitter handle, @HMKemiAdeosun. Adeosun

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Osinbajo tasks Nigerians to checkmate states’ spending

Ihesiulo Grace 5 April 2018 0

Vice President Yemi Osinbajo has asked Nigerians to focus more on the expenditure of state governments rather than the Federal Government. Osinbajo made the call on Wednesday while speaking at a civic innovation hub in Abuja. He criticised the low internal revenue generated from states, noting that state governors should be held responsible in the […]

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Reps stop Ajaokuta Steel concession, propose $1bn to complete complex

Ihesiulo Grace 29 March 2018 0

The House of Representatives on Wednesday, passed into law two bills halting the concession of the Ajaokuta Steel Complex and proposing the expenditure of $1billion by the federal government to complete the steel complex from the excess crude account. The bills, each sponsored by 301 lawmakers, were first introduced for first reading on Wednesday last […]

Money

AMAC budgets N6.9bn for 2018

Ihesiulo Grace 12 January 2018 0

…To establish community radio The Chairman Abuja Municipal Area Council (AMAC), Mr. Abdullahi Candido, on Thursday, presented N6.92 billion budget for 2018 fiscal year, representing an increase of 11.76 per cent over last year’s budget. Presenting the budget at the legislative chambers in Abuja, Candido said the 2018 budget of reality and consolidation, was aimed

News Politics

Education tops as capital projects get 65% in Borno’s N170b budget

Ihesiulo Grace 29 December 2017 0

‎Governor Kashim Shettima on Thursday presented Borno’s 2018 Budget of N170. 2 billion with education getting the highest amount of N27 billion in an estimate that allocated 65 percent for capital projects leaving recurring with N61.8 billion. ‎Addressing the State House of Assembly in Maiduguri, the Governor announced that the draft, titled, ‘Budget of

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Ganduje proposes over N233b for 2018

Ihesiulo Grace 1 December 2017 0

Governor Abdullahi Umar Ganduje has presented a sum of N233, 828,850,598 for the 2018 fiscal years. Presenting the proposed budget before the state House of Assembly yesterday governor Ganduje said the sum of N151, 902,238, 95 is earmarked for capital expenditure while N81, 926,412,503 is allocated for recurrent expenditure. Tagged budget of reality, Ganduje posited […]

News

Adequate funding key to containing insurgency, kidnapping, others – Buratai

Ihesiulo Grace 24 October 2017 0

The need for the adequate funding of the Nigerian Army was once again emphasised by the Chief of Army Staff, Lt.-Gen. Tukur Buratai during the Nigerian Army Finance Corps (NAFC) 11th Biennial Training Conference which held at AHQ Command Officers’ Mess II Apapa, Lagos. The Chief of Army Staff who was the Special Guest at […]