Tag Archives: 2016 budget

Budget Padding: House Group Wants Dogara, Jibrin, Others Probed

  A group in the House of Representatives, the “Transparency Group”, on Wednesday demanded the investigation of Speaker Yakubu Dogara, and others by the Economic and Financial Crimes Commission (EFCC) over alleged padding of the 2016 budget. The lawmakers made this known in Abuja while briefing journalists. They insisted that Mr. Dogara and other principal…

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2016 Budget: House Accuses Jibrin Of Budget Fraud, Balckmail + Reasons Why He Was Removed

The House of Representatives on Tuesday gave further explanation for its decision to replace the Kano lawmaker, Abdulmumin Jibrin, as chairman of House Committee on Appropriation.  The House said Mr. Jibrin was removed last Wednesday for his “incompetence, abuse of budgetary process and serial betrayal, including a ‘proclivity to blackmail’”. In the explanation, which was…

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FG To Cut 2016 Budget

  Following indications that the 2016 budget would not be fully implemented, the Federal government has opted to reduce total budgetary spending on 2016 capital expenditure plan, reports Vanguard. According to Minister of Finance, Mrs Kemi Adeosun, who gave this indication in London while addressing international investors, this decision was favoured against an option of…

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President Buhari Expresses Pleasure At Signing 2016 Budget Into Law

  After a whole lot of drama caused by mistakes and discrepancies, President Muhammadu Buhari, today signed the 2016 Federal Budget into law at the Presidential villa in Abuja. According to Vanguard, the newly signed budget is slightly lower than the copy presented in December which totaled N6.08 trillion. The budget presented today stands at N6.06…

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2016 Budget: NASS To Return Corrected Version To Buhari Today

The reconciliation committee of the National Assembly on the 2016 budget may return the corrected details of the appropriation bill to President Muhammadu Buhari today based on findings revealed on Friday. Below is how The PUNCH reports it: “The committee is chaired by the Deputy Speaker of the House of Representatives, Mr. Suleiman Lasun. A second…

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2016 Budget: Buhari Meets With Saraki, Other NASS Principal Officers

Reports have it that the current impasses between the Presidency and the National Assembly might have come to an end following a meeting between President Muhammadu Buhari, Vice President Yemi Osinbajo and other Principal Officers of the National Assembly led by Senate President, Bukola Saraki on Tuesday night at the Presidential Villa. Vanguard reports that Saraki…

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2016 Budget Impasse: NASS Threaten To Veto Buhari

  The National Assembly leadership was last night set to meet President Muhammadu Buhari to avoid a constitutional logjam over the 2016 budget that has seen senators threatening to override the budget bill. According to Vanguard, the threat of veto override could be triggered from next Tuesday upon the lapse of the 30-day constitutional window given the…

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Trouble As Presidency Discovers More Distortions In 2016 Budget

Controversy continues to trail the 2016 Budget. After it was discovered that certain parts of the budget presented by President Muhammadu Buhari to the National Assembly had been tweaked by the Senate, all hell broke loose as the President who said reportedly disappointed by this development, urged the lawmakers to look into the discrepancies before…

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2016 Budget: Senate Gives Buhari Final Warning, Calls For Amaechi’s Resignation

  The Senate, yesterday, gave what it described as a final warning to the presidency on its dealings with the legislative branch of government, affirming that it would no longer tolerate the presidency blaming the legislature for its failures, reports Vanguard. This comes following the fall out between the Presidency and the House of Assembly…

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