Just another News Updates
The Federal Government, on Thursday, approved the Medium-Term Expenditure Framework (MTEF) for 2025–2027, alongside the Fiscal Strategy Paper (FSP). According to the framework, the proposed 2025 budget size is ₦47.9 trillion, with new borrowings of ₦9.22 trillion to finance the deficit. Minister of Budget and Economic Planning, Abubakar Bagudu, announced the development after the Federal […]
Gusau, October 27, 2024 – The Ministry of Budget and Economic Planning held a town hall meeting in Gusau, Zamfara State, on Saturday. The initiative aims to enhance public engagement in the preparation of the 2025 state budget, opening doors for citizens to participate directly and voice their priorities in the budgeting process. Held at […]
Kano State Governor, Abba Yusuf, has formally requested the State House of Assembly to approve a supplementary budget of ₦99 billion for 2024. The governor’s request was presented in a letter read by Speaker Ismail Falgore during a plenary session on Tuesday. The governor’s proposal, as outlined in the letter, seeks approval under sections 122(A […]
The House of Representatives has excluded the ₦5 billion presidential yacht from the 2023 supplementary budget. Chairperson of the House Committee on Appropriation, Abubakar Bichi (APC, Kano), made this announcement on Thursday following the approval of the ₦2.17 trillion supplementary budget by the House. In a statement to reporters, Mr. Bichi explained that the committee […]
In a significant development, both the Nigerian Senate and the House of Representatives jointly passed the ₦2.17 trillion 2023 Supplementary Appropriation Bill after careful deliberation and a third reading. Prior to the passage of this vital bill, the Senate formally embraced the comprehensive report of the harmonized sessions held by both the red and green […]