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We have delivered visible achievements — Fashola

We have delivered visible achievements — Fashola

NAN Mr Babatunde Fashola, the Minister of Power, Works and Housing, says his ministry has delivered visible and qualitative achievements to Nigerians since his appointment in November, 2015. Fashola said this on Monday in Abuja at a media briefing to give the third year progress report of the ministry under his watch. He said the […]
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Forget 2018 budget it was a waste of time anyway

11 Killed, 17 Missing in Mass Evictions By Lagos Govt – Amnesty

BUT the truth is that we  are generally having the wrong discussion. I personally don’t think we have a debt problem, but we have a serious revenue problem, which, if we do not address, will snowball into a debt problem.” Ben Akabueze, Director of Budget in the Ministry of Budget and National Planning. October 24. 2018.
Continue reading Forget 2018 budget it was a waste of time anyway at Vanguard News Nigeria. …

BPE to support 2018 budget with N300bn privatisation proceeds –Okoh

BPE to support 2018 budget with N300bn privatisation proceeds –Okoh

Amechi Ogbonna The Bureau of Public Enterprises (BPE), yesterday said it targets over N300 billion from sale of the Federal Government assets to support financing of the N9.62trillion 2018 budget. Its Director-General, Dr Alex Okoh, who disclosed this at the stakeholders’ media interactive forum organised by the Enterprise and the Stakeholders Engagement Committee of the […]
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FG to borrow $2.8bn with Eurobond

FG to borrow $2.8bn with Eurobond

“We have a lot of headroom to borrow, but we are not rushing to borrow more because we have to consider the foreign debt service obligations that we carry now” – Zainab Ahmed Despite its excruciating debt service burden that has already drawn the red flag of the International Monetary Fund (IMF) and other multilateral […]
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2018 budget: FG has released N460bn out of N9.12tr, says Udoma

2018 budget: FG has released N460bn out of N9.12tr, says Udoma

Isaac Anumihe, Abuja The Federal Government has so far  released N460 billion out of the N9.12 trillion budgeted for the 2018 fiscal year. Speaking to newsmen, yesterday, at the ongoing World Bank Group and International Monetary Fund in Bali, Indonesia, Minister of Budget and National Planning, Senator Udoma Udo Udoma said that the  release was […]
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FG releases N460bn from 2018 Budget for capital expenditure – Udoma

FG releases N460bn from 2018 Budget for capital expenditure – Udoma

NAN Mr Udoma Udo Udoma, the Minister of Budget and National Planning, says the Federal Government has so far released N460 billion from the 2018 Budget for capital projects. The minister said this on Wednesday, while fielding questions from Nigerian journalists on the sidelines of the ongoing IMF and World Bank Group (WBG) Annual Meetings […]
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Ita Enang to lawmakers: Consider the requests before you… Nigerians are crying

Ita Enang to lawmakers: Consider the requests before you… Nigerians are crying

Ita Enang, senior special assistant to the president on national assembly matters (senate), has asked the national assembly to consider the budget of the Independent National Electoral Commission (INEC) as soon
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Govt to sell N289bn assets to fund budget

Govt to sell N289bn assets to fund budget

Nike Popoola with agency report The Federal Government will offer 10 state-owned companies for sale to selected investors and the public in the fourth quarter to raise N289bn toward funding the 2018 budget, the Bureau of Public Enterprises said. According to a Bloomberg report on Monday, preparations are in the final stages to begin the […] …

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