The Senate has fired the Minister of Information, Lai Mohammed, over a project fully funded by the Ministry of Finance for execution by his Ministry in...
The consumer price index, (CPI) which measures inflation increased by 12.34% (year-on-year) in April 2020. This 0.08% higher than the rate of 12.26% recorded in March...
President Muhammadu Buhari led federal executive council has approved a total of twelve point six trillion naira as the country’s budget for three successive years.
Naija News understands that the approval was given after the presentation of the report by the Senate Committee on Finance in the FIRS’ 2020 budget proposal.
The Presidency has explained that the cordial relationship between President Buhari government and the National Assembly is an indication that both arms are determined to work...
President Muhammadu Buhari on Friday signed the revised 2020 appropriation bill of N10.8 trillion into law. Naija News reports that Buhari signed the budget at the...
The Nigerian Senate has passed the revised 2020 budget sent to it by President Muhammadu Buhari to the upper legislative chamber. Naija News reports that the...
Former Nigeria’s Vice President Atiku Abubakar has faulted the federal government’s 0.6% reduction in expenditure in the revised 2020 budget, describing it as “grossly insufficient“. Atiku,...
President Muhammadu Buhari has approved the 2020 revised Medium Term Expenditure Framework budget. Naija News learnt that during the virtual Federal Executive Council approved the revised...
The House of Representatives on Tuesday approved the request by the President Muhammadu Buhari to borrow N850bn to fund the 2020 budget. The lower legislative chambers...
The Senate has given accelerated approval to President Muhammadu Buhari’s request to raise a fresh loan of N850 bn from the domestic capital market to fund...
President Muhammadu Buhari has appeal to the Nigerian Senate to give approval to a fresh loan of eight hundred and fifty billion naira N850bn to fund...
The federal government of Nigeria has slashed N312bn from capital projects in the 2020 budget. This was occasioned by the global fall in oil price and...
The federal government of Nigeria has suspended recruitment into the nation’s civil service indefinitely as parts of a general cut in government expenditure. Similarly, Naija News...
The Federal Government might have to revisit crude oil benchmark price of $53 per barrel used to prepare the 2020 budget. Naija News learnt that the...
The deadly COVID-19 outbreak has started taken a negative impact on the 2020 national budget of N10.95 trillion. The Minister of Finance, Budget and National Planning,...
Kwara State Governor AbdulRahman AbdulRazaq has signed the 2020 appropriation bill into law. The Governor who gave his assent to the bill yesterday evening in his...
Cross River State Governor Benedict Ayade has signed the state’s 2020 budget of N1.1 trillion into law. Naija News understands that Ayade, who signed the bill...
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Lagos State Governor, Babajide Sanwo-Olu has signed the 2020 budget of N1.168 trillion into law. Naija News Understands that the signing took place earlier today at...
The Lagos State House of Assembly has approved the N1.168 trillion’s 2020 Appropriation Bill as proposed by the Governor, Babajide Sanwo-Olu. Naija News learnt that the...