The House of Representatives is to investigate the Federal Ministry of Finance and the Central Bank of Nigeria for engaging in extra budgetary spending of over 500 million dollars from Nigeria Export Supervision Scheme Fund.The […]
The President of the Senate, Ahmad Lawan on Wednesday said the upper chamber of the National Assembly would on Thursday consider the revised 2020 budget.Lawan gave the hint during plenary after the Committee on Appropriation […]
…approve $5.513 external loan for Buhari The House of Representatives has passed the 2020 revised budget, increasing the proposed sum fromN10.509 trillion to N10.805 trillion.This recorded N296 billion difference from the the amount sent by […]
The consideration of the N10.509trillion revised 2020 budget forwarded to the Senate by President Muhamnadu Buhari was on Tuesday stalled over failure to capture N186billion by the budget office. Explaining the development to the lawmakers, the […]
As against proposal by the presidency,the senate on Tuesday increased the oil benchmark from $25 to $28 per barrel. This is even as the Senate retained the exchange rate of N360 to US dollar, 14.43 inflation growth rate and 4.42 […]
… Increases Debt Servicing From N2.4trillion to N3trillion Federal government has reduced the 2020 budget by N85 billion. The budget was reduced from N10.596trillion to N10.509 trillion.This is even against the plan by the federal […]
Contrary to its earlier resumption date of next Tuesday, June 2, 2020, both chambers of the National Assembly are expected to resume on Thursday.A memo from the office of the Clerk to the NASS, Mohammed […]
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