President Muhammadu Buhari also wrote to the house of representatives seeking an increase in the 2022 budget deficit to be financed through borrowing from the domestic market. Buhari said this in a letter read by Femi...
Governor Aminu Tambuwal of Sokoto State has sought the approval of the State House of Assembly on the state’s 2022-2024 Medium Term Expenditure Framework (MTEF). The News Agency of Nigeria (NAN) reports that the request is...
Ahead of the presentation of the 2022 budget today by President Buhari, the Senate yesterday passed the revised 2022-2024 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). But, considering the fresh his requests of...
President Muhammadu Buhari has raised the 2022 appropriation bill by N2.47 trillion, bringing the total for the fiscal year to N16.45 trillion. The change is contained in a revised Medium Term Expenditure Framework (MTEF) and...
The House of Representatives has passed the 2022–2024 Medium Term Expenditure Framework and Fiscal Strategy Paper as presented by the President Muhammadu Buhari. The passage followed consideration and adoption of the report by the House Committee...
The Senate yesterday approved the 2022 – 2024 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), keeping crude oil benchmark price of $57 per barrel as proposed by President Muhammadu Buhari. This followed the...
The Debt Management Office (DMO) yesterday said Nigeria’s total public debt, comprising states and federal government debt obligations, grew by 7.75 per cent, from N32.916 trillion in December 31, 2020, to N35.465 trillion as of...
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, has revealed that President Muhammadu Buhari will soon announce the audited financial statements of the Corporation for 2019 and 2020. Kyari spoke at...
The Fiscal Responsibility Commission (FRC) says the Federal Road Safety Corps (FRSC) failed to remit N5.1 billion into the federation account. The unremitted fund is said to be part of the revenue generated by the agency...
The revenue profile of the Nigerian Ports Authority (NPA) has risen by about 54 per cent, about N163.5 billion, between January and June 2021. The authority’s General Manager of Finance, Emeka Ezugwu, said in Abuja Monday...