2017 budget

Activist lawyer, Femi Falana, has urged the Acting President, Yemi Osinbajo not to sign the 2017 budget because it was illegally increased by the National Assembly. Speaking in Kwara State, Falana noted that the National Assembly had no constitutional powers to increase the budget presented...

Acting President, Yemi Osinbajo has officially received the 2017 Appropriation bill. Laolu Akande, Senior Special Assistant, Media and Publicity to Acting President made the disclosure by Twitter. He tweeted, ''2017 Budget -Appropriations bill now officially received in the Acting President's...

Ita Enang is the Senior Special Assistant to President Muhammadu Buhari on National Assembly Matters has countered Acting President Yemi Osinbajo on the signing of the 2017 budget. He said the budget will be signed by President Buhari and transmitted to Osinbajo for other formalities. “The...

Acting President Yemi Osinbajo has discredited claims by Minster of Information that the Presidency has not decided who will sign the 2017 Appropriation Bill into law. READ: Confusion In Presidency! Osinbajo May Not Be Allowed To Sign 2017 Budget Spokesperson to the acting president...

Minister of Information and Culture, Lai Mohammed today cast fresh doubt on Yemi Osinbajo's role as Acting President. According to VANGUARD, fielding questions from State House correspondents at the Federal Executive Council, FEC meeting at the Presidential Villa, Abuja on Wednesday, the...

Nigerian Senate on Wednesday has given acting President Yemi Osinbajo two weeks to ensure submission of the budgets of 38 public establishment. The Senate, following a motion by the Deputy Leader, Bala Na’Allah on Wednesday, also resolved that the concerned agencies should stop further spending...

Acting President Yemi Osinbajo on Monday at the Presidential Villa, Abuja, on Monday, gathered the Economic Management Team (EMT) to discuss the modalities for funding the budget. Although the National Assembly was yet to transmit the budget to the executive, the meeting was meant to brainstorm...

2017 budget is said to be facing a fresh hurdles as some lawmakers have alleged illegal alterations of the approved document by the National Assembly last week. Recall that the two chambers of National Assembly passed the budget Thursday after several months of delay. According to DailyTrust...

Presidency has promised to give the 2017 budget the urgency it merits by signing it into law immediately it is transmitted by the National Assembly. A source assured that Acting President Yemi Osinbajo would not hesitate to perform the all-important ritual. The Presidency however said that the...

Olusegun Obasanjo, Goodluck Jonathan and other former Heads of State will be sharing N2.3 billion budget. The lump sum was contained in this year’s budgetary appropriation that was passed yesterday by the National Assembly. Former Heads of states are entitled to pension, vehicle and several...

National Assembly on Thursday, passed the 2017 budget of N7.441 trillion. The House of Representatives passed the budget after adopting the report from the appropriation committee on the budget. On the Red Chamber, Bukola Saraki announced the passage of the 2017 budget after reading for the...

Nigerian senate is in a closed door session ahead of the passage of the 2017 budget. The budget report was laid on Tuesday and Senate President Bukola Saraki said it will be considered and passed on Thursday. Passage of the budget was the first item on the order paper on Thursday, but after...

The National Assembly has raised the 2017 budget by 2 per cent to to N7.44 trillion from the N7.29tn submitted by President Muhammadu Buhari December, 2016. This was revealed on Tuesday following the submission of report from the Committee on Appropriation in both the Senate and House of...

Nigerian Senate on Tuesday received the report of the Joint Committee on Appropriation and Finance and ready to pass the 2017 Appropriation Bill into law on Thursday. The Senate President Bukola Saraki, commended the committee for a job well done. He said the senate would ensure the passage of...

Nigerian senate on Tuesday received the 2017 budget report from its joint committees of appropriation and finance. The report was laid before the senate by Danjuma Goje, chairman of the senate appropriation committee. The document which was supposed to be laid on Thursday was postponed to...

Federal Lawmaker James Faleke on Monday explained why the national assembly is yet to pass the 2017 budget. “Budget process takes some time, unlike what we had before where you talk about budget padding or no padding," he told newsmen. "What the National Assembly tried to do this time is to...

Nigeria's s 2017 budget may have gone missing, Chairman of the Senate committee on appropriation, Danjuma Goje raised the alarm at Wednesday plenary. Senator Goje claimed that the Nigerian police, last week, carted away laptops and documents that had the processed 2017 budget earlier scheduled...

Nigeria’s crude oil production fell by 156,900 barrels per day (bpd) to 1.269 million bpd in March, from 1.426mbpd recorded in February, threatening the 2017 budget oil production benchmark. Consequently, the country lost its status as Africa’s top oil producer to Angola, according to latest...

Crude Oil rose to a near one-month high on Wednesday on signs of a gradual tightening in global oil inventories and on concerns about a supply cut at a field in the United Kingdom’s North Sea that feeds into an international benchmark price. The significant of this development is that it put...

Senate President, Bukola Saraki and the Speaker of the House of Representatives, Yakubu Dogara met on Wednesday night to discuss the 2017 budget. The two chambers at the joint leadership meeting resolved to pass 2017 Budget earlier than when 2016 budget was passed. All National Assembly...