2019 budget news

  1. Nigeria Metro News

    Metro Breaking: Lagos Assembly passes Sanwo-Olu’s N1.168trn budget into Law – P.M. News

    The Lagos House of Assembly has passed Governor Babajide Sanwo-Olu’s 2020 budget of N1.168 trillion into law. The budget passage followed the presentation of a report by the joint committee of the House on Appropriation and Finance on by the Chairman of the … Read more via P.M. News –...
  2. Nigeria Business News

    Business Why PPPs in Nigeria aren’t working, by Akabueze – Newtelegraph

    Absence of a clear legal and regulatory framework, weak enforcement capacity of the public sector amongst others, are factors inhibiting Public -Private Partnership (PPPs) projects in Nigeria... more via Newtelegraph – https://ift.tt/32CrIsi Get more: Nigeria Business News
  3. Nigeria Political News

    Politics 12 states govt under fire over 2019 budget – Daily Post Nigeria

    A civil society organisation, BudgIT has named 12 states in the country that have allegedly refused to publish their budgets. BudgIT said the state governments have proven that returns from budget secrecy are much more fulfilling to them than the $750million incentive provided by the World...
  4. Nigeria Metro News

    Metro 2019 Budget: FG May Borrow More To Close N102.8bn Funding Gap – Tori News

    However, after undergoing legislative scrutiny, the lawmakers on April 30, passed the 2019 budget of N8.91tn, raising it by over N90.3bn.... Read more via Tori News – http://bit.ly/2YUn5qC Get More Nigeria Metro News
  5. Nigeria Metro News

    Metro SHOCKER: These 28 states cannot fund their 2019 budgets with two-year revenue – TheCable

    Data made available by the Nigeria Extractives Industries Transparency Initiative (NEITI) has shown that 28 states would be unable to fund their 2019 budgets from revenue realised in 2018 and 2017. The information, which was made available in the NEITI quarterly review. The eight states that...
  6. Nigeria Political News

    Politics Senate moves to override Buhari on two bills – TheCable

    The senate has resolved to override President Muhammadu Buhari’s veto on two bills passed by the national assembly. The bills are the the constitution of the federal republic of Nigeria, 1999 (Fourth Alteration No. 28,) bill 2018 and Industrial development (Income Tax Relief) (Amendment) Bill...
  7. Nigeria Metro News

    Metro Budget defence: You can’t spend N29m to renovate toilets, Reps tell Nat’l Theatre boss – Vanguard News Nigeria

    THE House of Representatives Committee on Tourism and Culture, yesterday, queried the General Manager of National Theatre, Dr Stella Oyedepo, for spending N29 million to renovate toilets. Oyedepo while reviewing her 2018 budget performance told the lawmakers that she expended N29 million to …...
  8. Nigeria Metro News

    Metro Don’t Cut Army Budget, Buratai Begs Lawmakers – Thisdaylive

    The Chief of Army Staff, Lt.Gen. Tukur Yusuf Buratai, Wednesday Wednesday made a passionate appeal to the National Assembly to prevail on the Ministry of Budget and National Planning to exempt the Nigerian Army from existing budget ceiling or envelope allocation system so as to … Read more...
  9. Nigeria Metro News

    Metro Zamfara signs N135.4bn 2019 budget into law – P.M. News

    Gov. Abdula’ziz Yari of Zamfara on Saturday signed the 2019 budget of the state into law. Yari had on Monday presented the 2019 proposed budget bill of N135.326 billion to the state state House of Assembly. Earlier, presenting the documents to Gov. Yari, the Speaker … Read more via P.M...
  10. Nigeria Political News

    Politics Ambode Presents N852.316bn 2019 Budget To House Of Assembly (Photos) – Nairaland

    Lagos State Governor, Mr Akinwunmi Ambode on Tuesday presented the year 2019 budget proposal of N852.316billion to the House of Assembly, with a pledge that it had been carefully prepared to be all-encompassing and … Read more via Nairaland – http://bit.ly/2MQv6ID Get More Nigeria Political...
  11. Nigeria Political News

    Politics Wike signs Appropriation Bill into law – Newtelegraph

    Governor Nyesom Wike of Rivers State yesterday signed the 2019 Appropriation Bill into law, pledging to sustain the massive development of the state. The governor signed a 2019 Budget of N480, 411, 324, 647 as passed by the Rivers State House of Assembly after presenting … Read more via...
  12. Nigeria Political News

    Politics 33 Senators To Work On 2019 Budget During Elections – Nairaland

    As the National Assembly members prepare to resume from their Yuletide break on Wednesday, there are indications that only 33 senators will be available to work on the federal budget of N8.83tn for the 2019 fiscal year presented by President Muhammadu Buhari on December 19, 2018. It was learnt...
  13. Nigeria Business News

    Business Hope Rises For 2019 Budget, Oil Price Rebounds To $60 – Nairaland

    Hope for the implementation of the 2019 budget was rekindled yesterday as crude oil price climbed around three per cent to rebound to $60 per barrel. This followed the extension of talks between the United States and China in Beijing, which raised hopes that the world’s two largest economies …...
  14. Nigeria Political News

    Politics Despite indefinite suspension, FG budgets N8.7bn for national carrier – TheCable

    A total of N8.7 billion was budgeted for Nigeria Air, the national carrier, in the proposed 2019 budget. This is despite the indefinite suspension placed on the project by the federal government... Read more via TheCable – http://bit.ly/2Tw5wun Get More Nigeria Political News
  15. Nigeria Political News

    Politics President Buhari Cuts National Assembly Budget By N14.5bn – Nairaland

    President Muhammadu Buhari has slashed the budget of the National Assembly by N14.5 billion, Daily Trust reports. The federal legislature got N139.5bn in the 2018 budget, but under this year’s budget, the president proposed the sum of N125bn for the lawmakers, representing a reduction of...
  16. Nigeria Political News

    Politics Government to spend N1.149 trillion on petrol subsidy in 2019 – The Guardian Nigeria Newspaper

    A princely sum of N1. 149, 385 trillion is estimated to go into the payment of subsidy on petrol imported into the country this year. With the provision of a mere $1 billion, which is about N305 billion in the 2019 budget year, the country may run into a massive... Read more via The...
  17. Nigeria Political News

    Politics Obasanjo, Jonathan, Others To Get Over N2bn Benefits In 2019 – OluFamous.Com

    Former Nigerian leaders including ex-Presidents Olusegun Obasanjo, Goodluck Jonathan and their Chiefs of Staff are to receive N2.3bn as benefits in 2019. The sum of N4.5bn was also proposed in the 2019 budget as severance benefits for retired Heads of Service and Permanent Secretaries while...
  18. Nigeria Metro News

    Metro Lagos 2019 budget already in House of Assembly – Commissioner – P.M. News

    The Lagos State Commissioner for Budget and Economic Planning, Mr Olusegun Banjo says the 2019 Budget proposal is already in the State House of Assembly. Banjo said in a statement on Wednesday that tbe budget was to have been read before the house … Read more via P.M. News –...
  19. Nigeria Metro News

    Metro Insurgency: FG moves to acquire 3 Thunder jets with N27bn in 2019 – Vanguard News Nigeria

    The Federal Government plans to spend at least N27 billion in the 2019 budget on the acquisition of three Thunder aircraft and support equipment for its troops fighting insurgency and banditry in many parts of the country.... Read more via Vanguard News Nigeria – http://bit.ly/2s6yV2z Get...
  20. Nigeria Political News

    Politics Budget 2019: Buhari, Osinbajo to spend N2.34bn – Newtelegraph

    President Muhammadu Buhari and his vice, Prof. Yemi Osinbajo, would cumulatively spend N2,344,006,774 on sundry items as captured in the 2019 Appropriation Bill recently presented to the National Assembly. The sum of N1,752,129,167 … Read more via Newtelegraph – http://bit.ly/2GNj2IA Get...