The Senate, Tuesday, passed the sum of N4.493 trillion budget for the 2015 fiscal year, but with an increment of N135.4 billion above what the executive arm of government earlier prepared and submitted to the National Assembly for approval.
The Chairman of the Assembly Committee on Budget and Economic Planning, Mudashir Obasa has been elected for the fourth time in the Lagos State House of Assembly. In this interview shortly after a thank you tour of his constituency, he speaks about his intervention to become the Speaker of the
In a lecture delivered at Babc*ck University’s 12th Convocation titled, ‘Transforming Nigeria economy: Opportunities and Challenges’, Finance Minister, Ngozi Okonjo-Iweala gave the breakdown of the allocations of Nigeria’s 10 highest revenue receiving states based on the federal allocations in 2013. Finance Minister, Dr Ngozi Okonjo-Iweala listed the states which according to her, earn more than the annual budgets
With oil prices at their lowest in six years, unsustainable subsidies, and dwindling foreign reserves, I sure wouldn’t want to be Nigeria’s finance boss. But what would you do right now, if you were Nigeria’s finance minister for one day?
The Federal Government is proposing to spend N517.9m this year on meals and refreshments for the Presidency, the Office of the Secretary to the Government of the Federation, Ministries of Power and Petroleum and their parastatals.