Tag: 2017 Budget
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2017 Budget: Reps summon Fashola over alleged projects insertion
The House of Representatives on Tuesday summoned the Minister of Works, Power and Housing, Babatunde Fashola (SAN), over his allegation that the National Assembly inserted projects in the 2017 budget. TheNewsGuru.com reports that the Minister had last month raised the alarm over the insertion of projects outside the purview of his ministry in the 2017…
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Lagos Assembly embarks on mid-term review of 2017 budget
The Lagos State House of Assembly on Monday moved to assess the mid-term performance of the state’s 2017 budget to ascertain how Ministries, Departments and Agencies (MDAs) in the state were faring. The House decided to take the step after the Chairman, House Committee on Budget and Economic Planning, Mr Rotimi Olowo, harped on the…
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Fashola’s claims on 2017 budget misleading – NASS
The Senate on Saturday warned Minister of Works, Housing and Power, Mr Babatunde Fashola, to desist from spreading falsehood on the 2017 Budget with regards to projects under his ministry. It said that in passing the Appropriation Bill, the legislators worked and applied equity in provision for new and outstanding projects across the country. In…
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Comments on 2017 Budget: Reps attack Fashola, says ‘your attempt to paint us irresponsible will not work’
The House of Representatives on Saturday attacked the with Minister of Works, Power and Housing, Mr Babatunde Fashola over his utterances on the recently signed 2017 Appropriation Act. The House noted that the minister’s statement was capable of setting the Legislature against the Executive and also cause chaos in the already tensed atmosphere. The lawmaker,…
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NASS ‘smuggled’ boreholes, other strange items into 2017 budget – Fashola
The Minister of Power, Works and Housing, Mr Babatunde Fashola has raised alarm over the insertion of projects outside the purview of his ministry in the 2017 Appropriation Act by the National Assembly. Fashola, a senior advocate, said it was unfair to the Executive arm for the inclusion of such projects after public hearings on…
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2017 Budget: FG tasks FIRS, Customs on improved revenue generation
The Federal Government has challenged its revenue generation agencies, particular the Federal Inland Revenue Service, FIRS and Nigeria Customs Service, NCS, on meeting up with their targets in other to generate adequate funds to implement the 2017 budget. This was revealed by the Minister of Budget and National Planning, Senator Udoma Udo Udoma. TheNewsGuru.com reports…
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2017 Budget: Osinbajo played into the hands of NASS – Jibrin
Suspended member of the House of Representatives, Abdulmumin Jibrin, has said Acting President Yemi Osinbajo, took a risk by signing the 2017 Budget. In a statement released on Monday, Jibrin described Osinbajo’s action as the “most generous concession in budget negotiation by a president since 1999”. The lawmaker recalled that last year, President Muhammadu Buhari…
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Ondo assembly passes N170.8bn 2017 budget
The Ondo State House of Assembly on Monday passed the N170.8 billion 2017 appropriation bill. The Chairman of the House Committee on Finance and Appropriation, Sunday Olajide presented the report of the committee to the House at plenary. Olajide said that the bill had undergone proper scrutiny by members while public sittings were held for…
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2017 budget: FG set to release N350bn for capital projects – Adeosun
The Minister of Finance, Mrs Kemi Adeosun said that the Federal Government was ready to release N350 billion, being the first tranche for implementation of the 2017 budget. Adeosun said this on Monday in Abuja at the public presentation of 2017 Appropriation Act. She said that the Federal Government had enough cash available to immediately…
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We’ll use N558.8m recovered loot to partly finance 2017 budget – FG
The Federal Government said on Monday it would use a fraction of the looted funds recovered so far to finance part of the 2017 budget. The Minister of Budget and National Planning, Sen. Udoma Udo Udoma, said this at the 2017 budget breakdown in Abuja. He said the total revenue projected was N5.08 trillion, with…