The Speaker, Lagos State House of Assembly, Mr Mudashiru Obasa, has said the lawmakers will not delay the passage of the 2025 budget estimate of N3.005 trillion. Obasa gave the assurance shortly after Gov. Babajide Sanwo-Olu presented the 2025 budget estimate to the assembly in Ikeja on Thursday. The...
Budget
By ARMSTRONG ALLAHMAGANI, Bauchi – Bauchi State Governor, Bala Mohammed, on Thursday, laid before the State House of Assembly, a budget proposal of N465,085,248,317 billion for the 2025 fiscal year for consideration and subsequent passage. He said that the 2025 budget christened “Budget of Consolidation and Sustainable Development” is...
Kano State Governor, Abba Yusuf has presented a budget of N549 billion for 2025 fiscal year to the State House of Assembly for passage into law. Presenting the proposal tagged ‘‘Budget of Hope, Human Capital and Economic Development’’ on Friday in Kano, Yusuf said it was aimed at consolidating...
The Federal High Court in Abuja, on Wednesday, restrained the Central Bank of Nigeria (CBN) from further releasing monthly financial allocations to Rivers government. The News Agency of Nigeria (NAN) reports that the order also affected the Accountant-General of the Federation (AGF), Zenith Bank and Access Bank where the...
The Court of Appeal in Abuja, on Thursday, dismissed an appeal filed by Gov. Siminalayi Fubara of Rivers to challenge the lower court judgment affirming Martin Amaewhule-led Rivers House of Assembly. A three-member panel of justices, in a unanimous judgment, held that the appeal was bereft of merit. The...
By SADIQ ABUBAKAR, Maiduguri – Borno State Governor, Babagana Umara Zulum, has requested the State House of Assembly for an additional N61b to the initial N358.7b total budget size which was signed into law on January 10, 2024. The governor’s request was read on the floor of the State...
The Zamfara Government on Tuesday denied budgeting N19billion for Gov. Dauda Lawal’s kitchenware as it was wrongfully circulated in the social media. The State Commissioner for Budget and Economic Planning, Abdulmalik Gajam, at a media briefing on Tuesday in Gusau described the information as mischievous. He said, “I...
The Rivers State House of Assembly led by Victor Oko-Jumbo, has condemned the resolution by the Martin Amaewhule-led House, barring Governor Siminalayi Fubara from spending public funds. The Speaker, Victor Oko-Jumbo stated this in his opening remark during plenary on Tuesday. He said what Amaewhule and 24 others...
The Rivers State House of Assembly faction, loyal to former governor, Nyesom Wike, has given Governor Siminalayi Fubara a seven-day ultimatum to re-present the 2024 budget of the state. The Speaker of the faction, Martins Amaewhule, gave the ultimatum during a sitting of the members in Port Harcourt...
The Managing Director, Niger Delta Development Commission (NDDC), Dr Samuel Ogbuku, has said the commission is waiting for the allocation of its 2024 budget to initiate big ticket projects across nine states. He said that the NDDC states are Abia, Akwa Ibom, Bayelsa, Cross River, Delta, Edo, Imo,...
The House of Representatives on Thursday engaged in a heated debate over President Bola Tinubu’s request to extend the implementation period of the N21.83 trillion capital component of the 2023 budget. Also debated was the extension of the N2.17trillion 2023 supplementary budget to Dec. 2024. The Speaker of...
President Bola Tinubu will soon present the 2024 Supplementary Budget to the National Assembly (NASS). “I submitted the last budget to you,” the President said when he addressed a joint sitting of the National Assembly on Wednesday. “You expeditiously passed it. We are walking the talk. I will...
The Academic Staff Union of Universities (ASUU) has decried the neglect of the education sector, saying Nigeria ranks lowest in education budgets across the West African sub-region. ASUU President, Prof. Emmanuel Osodeke, said this at a One-Day Workshop on ‘Emerging Areas of Students Needs in Beneficiary Institutions’, organised...
NiMet DG tasks staff on strict compliance to budgetary provisions JOEL OLADELE, Abuja The Director General, Chief Executive Officer of The Nigerian Meteorological Agency (NiMet), Professor Charles Anosike, has asked Directors and staff of the agency to ensure strict compliance to budgetary provisions. Professor Anosike was speaking at the...
The Minister of the Federal Capital Territory (FCT), Mr Nyesom Wike, has said the N1.15 trillion 2024 proposed FCT Statutory Budget was designed to transform the capital city and rural communities. Wike stated this when he appeared before the Senate and House Committees on FCT, to defend the...
The Senate has approved 2024 budget of N5.079 trillion for the Nigeria Customs Service (NCS) for the 2024 fiscal year. The approval followed adoption of recommendations of report of Committee on Customs, Excise and Tariffs on Thursday at plenary. Presenting the report, Chairman of the Committee, Sen. Jibrin...
By SADIQ ABUBAKAR, Maiduguri – The Borno State Commissioner of Budget and Planning, Professor Mustapha Malumbe has charged all accounting and finance officers in the state to operate strictly within the bounds of the approved budget in order to achieve the set objectives of the 2024 budget Prof....
A Federal High Court, Abuja, on Monday, set aside the Rivers’ N800 billion budget passed by five members of the house led by the Edison Ehie-led faction. Justice James Omotosho, in a judgment, held that the presentation of the appropriation bill by Gov. Siminalayi Fubara on Dec. 13, 2023...
By JOY ADARA, Abuja – The Socio-Economic Rights and Accountability Project (SERAP) and 20 concerned Nigerians have filed a lawsuit against the Senate President, Godswill Akpabio, and Speaker of the House of Representatives, Tajudeen Abbas “for unilaterally and arbitrarily increasing the allocation for lawmakers from N197bn to N344bn,...
Rivers State Governor, Siminalayi Fubara, has said that his administration will continue to provide necessary financial support to strengthen the capacity of the state-owned university to rank one of the best in the country. Fubara said this at the 35th convocation of the university in Port Harcourt on...