2016 budget
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Politics Court orders Buhari to probe lawmakers over ‘stealing’ of N481bn from 2016 budget – Daily Post
A Federal High Court sitting in Lagos in a landmark judgement has ordered President Muhammadu Buhari to urgently instruct security and anti-corruption agencies to forward to him reports of their investigations into allegations of padding and stealing of some N481 billion from the 2016 budget by...- siteadmin
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Politics Reps Shocked, Throw Out Ministry Of Communications Budget
The House of Representatives Committee on Telecommunications on Thursday was shocked about the finances of Ministry of Communications and threw out the N6.97 billion 2017 budget proposal. The rejection followed the ministry’s failure to provide satisfactory details of the 2016 budget...- ProfRem
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Business Nigeria's 2017 Budget Is Well Prepared - Udoma
The Minister of Budget and National Planning, Senator Udo Udoma has announced that 2017 appropriation bill which will be presented to the National Assembly next week is well prepared. He said this after the Federal Executive Council meeting on Wednesday presided over by President Muhammadu...- ProfRem
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Politics Nigerian Senate Passes Buhari's N280Bn Virement
Nigerian Senate on Tuesday passed President Muhammadu Buhari’s request for virements totalling N280bn in the 2016 budget to cater for some sectors of the economy. The virement is to take care of shortfall in provisions for personnel costs, inadequate provision for the amnesty programme...- ProfRem
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Business FG Releases Breakdown Of How 2016 Budget Has Been Spent So Far
The Minister of Budget and National Planning, Senator Udoma Udo Udoma, Monday, said that the Federal Government has spent N3.577 trillion as at September out of the N6.06 trillion budgeted for 2016. Udoma made this disclosure yesterday in Lagos at the KPMG CFO Forum. He said that there have...- ProfRem
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Politics President Buhari Releases N2.5Trn From 2016 Budget
Minister of Budget and National Planning, Senator Udoma Udo Udoma has said a total of N2.5trillion has been released by President Muhammadu Buhari-led federal government out of the N6.06trllion appropriated for the 2016 fiscal year. Udoma who appeared before the Senate Committee on...- ProfRem
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Politics Buhari Seeks NASS Approval For N180Bn To Cater For NYSC, IDPs, Others
President Muhammadu Buhari has forwarded a requested to the National Assembly seeking approval for a sum of N180.8 billion as a virement to fund shortfalls in the 2016 Budget. Virement is an administrative transfer of funds from one part of a budget to another. The request is said to cater...- ProfRem
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Politics President Buhari's N5,000 Conditional Cash Transfer Begins [See PHOTOS]
President Muhammadu Buhari-led federal government Conditional Cash Transfer (CCT) Programme has kicked off with Biometric Capture and Account Opening in Borno IDP Camps. The Conditional Cash Transfer is part of the scheme under the 'Social Investment Programmes' that will pay 5,000 Naira...- ProfRem
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Budget Padding: What Jibrin Failed To Tell Nigerians – Sheyi Babaeko
“Tell me anyway - maybe I can find the truth by comparing the lies.”- Leon Trotsky. The concerns and alarming alarm raised by Hon. Abdulmumin Jubrin, the past chairman, House Committee on Budget and Appropriation, is a welcome development. The various statements made public by this Honourable...- ProfRem
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Politics President Buhari May Review 2016 Budget - Udoma
Minister of Budget and National Planning, Udoma Udo Udoma, yesterday, said, President Muhammadu Buhari-led federal government may review the 2016 budget owing to dwindling resources. Udo Udoma, who spoke yesterday at a Town Hall meeting in Abuja, noted that the disparity between projected...- ProfRem
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Politics Jibrin Reveals New Shocking Details of the Controversial Budget Padding [SEE VIDEO]
Former Chairman of the House Committee on Appropriation, Representative Abdulmumin Jibrin on an exclusive interview with Channels television explained in details issues surrounding the padding of the 2016 Budget. Jubrin, however said he has since submitted enough documents to the anti-graft...- ProfRem
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Politics Jibrin Reveals How Dogara Diverted Federal Govt. Project To His Farm In Nasarawa
Abdulmumin Jibrin, a member of the federal house of representatives, has vowed to expose Hon. Yakubu Dogara, the speaker, until he is removed. Jibrin on Thursday accused Dogara of diverting a federal government project to his farm in Nasarawa. He said: “Allegation no21 to Mr Speaker:why did...- ProfRem
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Politics Gowon Calls for Strict Punishment for HoR Members Who Padded 2016 Budget
Nigeria's former Head of State, Yakubu Gowon, has called for strict punishment for the lawmakers responsible for the padding of the 2016 budget, The Nation says. Speaking on Wednesday night, he wondered why the issue had become the order of the day. "If anybody is doing that (budget padding)...- LequteMan
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Metro Police Probe Budget Padding Allegations Against Dogara, Other Lawmakers - Punch
Police authorities has directed detectives to probe the allegations of budget padding leveled against House of Representatives Speaker Yakubu Dogara and other lawmakers by Hon. Jibrin Abdulmumin, Punch reports. Jibrin had accused Dogara, his deputy, Yusuf Lasun, the Chief Whip, Alhassan...- LequteMan
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Politics Dogara Replies Jibrin's Accusation of Corruption
Speaker of the House of Representatives, Yakubu Dogara, has issued a statement in reply to accusations of corruption leveled against him and the house by sacked Chairman of Appropriation Committee, Hon. Abdulmumuni Jibrin. Here's the statement: “Our attention has been down to media statements...- LequteMan
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Politics Hon. Abdulmumin Takes Responsibility for 2016 Budget Scandal
Honourable Jibrin Abdulmulmin, the former Chairman of Reps' Appropriation Committee, has taken responsibility for padding of the 2016 budget. Hon. Jibrin was sacked as Chairman of the committee yesterday by Speaker Yakubu Dogara. Speaking afterwards, he said he resigned and although he...- LequteMan
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Politics 2016 Budget: President Buhari Blames Niger Delta Crisis For Slow Performance
The Presidency Sunday night attributed the slow implementation of the 2016 to the crisis in the Niger Delta region, saying that the economy has been largely affected. Recalled that there had been incessant bombing of national oil and gas assets by the Niger Delta Avengers, NDA which has grossly...- ProfRem
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Metro List of Government Agencies President Buhari Omitted in the 2016 Budget
President Muhammadu Buhari wrote the National Assembly on Tuesday to submit the 2016 budgets of 38 of the agencies listed under the Fiscal Responsibility Act, 2007. According to the act, the budgets of the listed agencies should be attached to the national budget and presented to the...- kemi
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Politics Buhari Omited Budgets of 38 Agencies in the 2016 Appropriation
President Muhammadu Buhari wrote the National Assembly on Tuesday to submit the 2016 budgets of 38 of the agencies listed under the Fiscal Responsible Act, 2007. The Act provides that the budgets of the listed agencies should be attached to the national budget and presented to the National...- kemi
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Politics 2016 Budget: LIST Of Capital Projects In South-South States
As captured in the 2016 Appropriation budget, below is the list of Capital projects and costs in the South South with every state covered in Power, Works, Housing & Railways AKWA IBOM: NIGERIAN RAILWAY MODERNIZATION PROJECT: LAGOS - CALABAR STANDARD GAUGE RAIL LINE PROJECT : 60,000,000,000...- PressRoom
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