nigerias budget

  1. Peter Obi Raises Alarms Over Budget Disparities: N5 Billion for Student Loans, N6 Billion for Legislators' Car Park Sparks National Concerns

    Nigeria Peter Obi Raises Alarms Over Budget Disparities: N5 Billion for Student Loans, N6 Billion for Legislators' Car Park Sparks National Concerns

    In a scathing critique posted on X, former Governor of Anambra State, Peter Obi, lambasted the inadequate attention given to human capital development in Nigeria, pointing out its detrimental impact on investment challenges. Obi expressed shock at the stark budgetary contrast in the 2024...
  2. Federal Budget Unveils Unusual Allocations: N3 Billion for National Assembly Library Books, N6 Billion for Car Parks in 2024

    Nigeria Federal Budget Unveils Unusual Allocations: N3 Billion for National Assembly Library Books, N6 Billion for Car Parks in 2024

    In a surprising turn of events, the 2024 appropriation bill unveiled by the federal government has sparked discussions around the allocation of funds. Notably, N3 billion has been designated for the procurement of books to enrich the National Assembly library, shedding light on the government's...
  3. Tinubu Presents Record N27.5 Trillion Budget at National Assembly

    Nigeria Tinubu Presents Record N27.5 Trillion Budget at National Assembly

    President Bola Tinubu, flanked by key figures of his administration, presented the highly anticipated 2024 budget estimates totaling N27.5 trillion. This marks the President's inaugural budget presentation before the joint session of the National Assembly since assuming office on May 29, 2023...
  4. N5B Presidential Yacht Vs N5.5B Student Loan Allocation: Nigerians Alarmed At Priorities in Supplementary Budget

    Nigeria N5B Presidential Yacht Vs N5.5B Student Loan Allocation: Nigerians Alarmed At Priorities in Supplementary Budget

    In a budget proposal for the 2023 supplementary budget, the Federal Government of Nigeria has stirred controversy by allocating N5.095 billion for the purchase of a Presidential yacht and N5.5 billion for an education loan fund. These allocations have triggered widespread discussions about the...
  5. Nigeria Unveils Ambitious N26.01 Trillion Budget Proposal for 2024, Aims for Timely Approval

    Nigeria Nigeria Unveils Ambitious N26.01 Trillion Budget Proposal for 2024, Aims for Timely Approval

    The Federal Executive Council (FEC) has proposed a budget of N26.01 trillion for the 2024 fiscal year, with the aim of presenting it to the National Assembly. Minister of Budget and Planning, Atiku Bagudu, revealed this following a Council meeting presided over by President Bola Tinubu. The...
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    Politics 2018 Budget: Nigerian govt to spend nearly N500 billion on ‘waste’ — Report – Premium Times...

    A civil society group, the Centre for Social Justice, CENSOJ, said about N467.4 billion, or 5.43 per cent of the expenditure proposed in the 2018 Appropriation Bill are either “frivolous, inappropriate, unclear or wasteful.” Consequently, the group said the National Assembly could save the...
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