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Tag Archives: Budget

Acting President Osinbajo Formally Receives 2017 Appropriation Bill From NASS

The Presidency has confirmed that the National Assembly has formally transmitted the 2017 Appropriation Bill recently passed into law to the Executive. While confirming this on Twitter, the Senior Special Assistant to the Acting President, Mr. Laolu Akande, also said that the document was formally received in the office of the Acting President Yemi Osinbajo,…

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Budget Faces Fresh Hurdle At National Assembly

Legislators have delayed forwarding the 2017 budget to the presidency for assent after allegations of illegal alterations were raised by some members yesterday. The two chambers of National Assembly passed the budget Thursday after several months of delay. However, it was gathered that the allegations are already creating ripples among some senators. Many of them…

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Reps in Rowdy Session as NASS Releases Breakdown of it’s 2017 Budget

The National Assembly on Thursday published its 2017 budget, increasing the cost from N115bn in 2016 to N125bn. In the publication, it is understood that the total personnel cost takes N23,789,787,880; total overhead cost, N85,878,619,888; and total capital cost, N14,940,196,063. A breakdown of the estimates shows that the National Assembly gets N14.9bn; Senate, N31.3bn; House…

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Buhari Submits Corrected Version Of 2016 Budget To Senate, Asks Them To Work With It

  President Muhammadu Buhari has asked federal lawmakers to work with a corrected version of the 2016 budget, after admitting that alterations made on the version of the document he presented to the National Assembly last December triggered “confusion”. This was announced today by the Senate President; Dr. Bukola Saraki, while reading out a letter…

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Hot Topics Of The Day!

We deliver the most recent information on top stories in politics, sports, current affairs, foreign news and more in this segment. Defense Minister Jean-Yves Le Drian said on Tuesday that France will not negotiate with the Islamist rebels who kidnapped a French family in Cameroon. President Goodluck Jonathan has signed the N4.987tn 2013 Appropriation Bill…

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