President Bola Ahmed Tinubu on Friday signed the ₦68.32tn 2026 Appropriation Bill into law. Newsmen reports that this was disclosed in a statement on Friday by Tinubu’s Special Adviser on Information and Strategy, Bayo Onanuga. The 2026 Appropriation Bill provides for an aggregate expenditure of ₦68.32 trillion. He has also signed the bill extending the…
The President of the Paediatricians Association of Nigeria, Dr Ekanem Ekure, has faulted the 4.3 per cent allocation to health in the 2026 national budget, saying it underscores a troubling lack of investment in the well-being and future of the Nigerian child. Ekure also demanded comprehensive remediation and medical intervention for victims of the Ogijo…
The Nigerian Senate has given the executive a two-week deadline to submit a holistic, documented progress report on the implementation of the 2024 budget, as well as projections for the 2025 budget, before it will entertain the Medium-Term Expenditure Framework, MTEF. Chairman of the Senate Committee on Finance, Sani Musa, issued the ultimatum at a…
The House of Representatives is pushing for adequate funding for some government agencies, over the amount proposed in the 2025 budget estimates. The Deputy Spokesman of the House, Mr Philip Agbese, has said on Monday. Ahead of the possible passage of the N49.70 trillion 2025 budget proposal this week by the National Assembly, Agbese told…
Governor Ahmadu Fintiri of Adamawa State has signed into law the state’s N486.2 billion 2025 fiscal appropriation bill passed by the state House of Assembly. Signing the ₦486,218,047,600 bill termed ‘Budget of Service’, the governor thanked members of the House of Assembly for their support and assured people of the state that the budget will…
A political analyst, Basil Abia, has said that the projections of the 2025 budget proposal presented by President Bola Tinubu at the National Assembly are unrealistic. Recalled that President Tinubu, in his presentation to a joint session of the National Assembly on Wednesday, said the budget aims to bring down inflation from its current 34.6 per cent…
The N47.9tn 2025 budget presentation to the joint session of the National Assembly by President Bola Tinubu, earlier fixed for Tuesday, December 17, has been shifted to Wednesday, December 18. Our correspondent in the Senate authoritatively gathered from top management staff of the National Assembly. The insider source said an official statement on the postponement…
President Bola Tinubu has forwarded to the Senate for consideration and approval the injection of N6.2 trillion into the N27.5 trillion 2024 budget. The President, in the request via a letter read on the floor of the Senate by its President, Godswill Akpabio, during plenary on Wednesday, specifically sought for withdrawal of N3.2 trillion from…
President Bola Tinubu has signed the N28.7 trillion 2024 Budget into law. The President assented to the Appropriation Bill at a brief ceremony at the Presidential Villa in Abuja on Monday. Present at the ceremony were the President of the Senate, Senator Godswill Akpabio, and the Speaker of the House of Representatives, Hon. Tajudeen Abbas….
By Aanuoluwapo Fasoyin The Oyo state government says machineries have been put in place to sustain the 2024 budget despite the economic situation of the country. The state Commissioner for budget and economy planning, Professor Musibau Babatunde, gave the assurance during the breakdown of the proposed 2024 budget at the Ministry of Finance, Secretariat, Ibadan….