very Akwa Ibom person is now familiar with his chorus. These days, once he sets his foot in Akwa Ibom State and drops his bag, the first place he would head to would be a radio station – PlanetFM, most preferably to repeat his familiar chorus “Akwa Ibom, people, what is the Government spending your money on?” […]
President Muhammadu Buhari The country’s national budget will rise by N1.16tn in 2018, according to projections contained in the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy submitted to the National Assembly by President Muhammadu Buhari. The President forwarded the MTEF/FSP to the National Assembly on Tuesday, with a covering letter read to members […]
Minister of Power, Works and Housing, Babatunde Fashola The Minister of Power, Works and Housing, Mr. Babatunde Fashola, on Friday, apologised to members of the National Assembly over his comments, following his post-budget row with members of the House of Representatives. “If my statements caused any discontentment; that was not my intention. I certainly […]
The Federal Government said on Tuesday that it borrowed N3.57tn between June 2015 and March 2017 to finance budget deficits. The government said this in response to an enquiry by our correspondent, which sought to know what use it had put the funds being borrowed in the last two years from both external and local […]
Saraki, Dogara and Osinbajo The Senate said, yesterday, it would not concede its constitutional powers to the executive arm of government. The declaration came on a day Speaker of the House of Representatives, Yakubu Dogara, also said the House would not serve as a rubber stamp to the executive arm. Both arms of the National […]
Acting President Yemi Osinbajo on Monday finally signed the 2017 Appropriation Act into law in the presence of the principal officers of the National Assembly and other top government officials. The budget, christened: ‘Budget of Economic Recovery and Growth’, has a revenue projection of N5.08tn and an aggregate expenditure of N7.44tn. The projected fiscal deficit […]
