Tag: 2018 budget
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UPDATED: Details of NASS N139.5b 2018 budget
The National Assembly leadership on Friday released details of its 2018 budget. The release of the details of the fiscal document followed the directive of the Senate President, Bukola Saraki, who asked the Clerk to the National Assembly, Alhaji Mohammed Sani-Omolori, to publish the budget details with line items for the interest of Nigerians. Saraki…
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Breaking: Nigerians react as NASS releases ‘details’ of its 2018 budget
The National Assembly (NASS) has published details of its 2018 budget, fulfilling the promise of Senate President Bukola Saraki. TheNewsGuru (TNG) reports Saraki had promised details of NASS 2018/19 budgets would be made public. He made the promise at a dialogue session with BudgIT on appropriation process and constituency projects, while vowing that #OpenNASS is…
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FG releases N820b to MDAs from 2018 Budget
…promises to increase it to N1.1 trillion before end of year Federal Government on Thursday announced the release of over N820.57 billion to Ministries, Departments and Agencies (MDAs) as capital expenditure from 2018 Budget, saying that it would soon increase it to N1.1 trillion before the end of the year. Minister of Finance, Mrs Zainab…
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FG's decision to sell national assets to fund 2018 budget irresponsible – Atiku
The campaign organisation of the candidate of the opposition Peoples Democratic Party (PDP), Abubakar Atiku, has described the plan by the federal government to sell some public asset to fund the 2018 budget as irresponsible. The organisation in a statement on Wednesday likened the decision as selling one’s “family house to take a trip overseas…
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BPE to raise N300b to fund 2018 Budget – DG
The Director General, Bureau of Public Enterprises (BPE), Dr Alex Okoh on Monday said the Bureau will generate over N300 billion from privatisation and commercialisation to support the 2018 budget financing. Okoh spoke in Lagos at the Stakeholders Media Interactive Forum organised by the Enterprise and the Stakeholders Engagement Committee of the National Council on…
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NDDC 2018 budget: Senate refers N364bn proposal to committee [Breakdown]
The Senate has referred to its Committee the Niger Delta Development Commission (NDDC) 2018 statutory budget proposal sent to the House by President Muhammadu Buhari. TheNewsGuru (TNG) reports this followed a motion moved by Senator Ahmad Lawan that the Senate do consider the request of President Buhari for the approval of the NDDC 2018 statutory…
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2018 Budget: Inherent Mischief and Financial Recklessness, By Henry Boyo
By Henry Boyo BY HENRY BOYO The Deputy Speaker of the House of Representatives, Yusuff Lasun, disclosed, at a Press briefing, last week, that the National Assembly, would interrupt its annual recess and reconvene, sometime, this week, to consider President Buhari’s expenditure proposal for N242bn to conduct 2019 General Elections. It is unclear, why…
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Protest turns sour: Protesters call for Saraki’s resignation
The Citizens Actions to Take Back Nigeria (CATBAN) that thronged the entrance of the National Assembly (NASS) Complex protesting the adjustments made in the 2018 Appropriation Act by the Legislature has called on Senate President Bukola Saraki to resign. TheNewsGuru reports the protesters arrived in about 11 luxurious busses, popularly known as “El-rufai bus”, playing…
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![CATBAN protest in Abuja, demand to see legislators [Photos]](https://thenewsguru.ng/wp-content/uploads/2018/07/ImageFile-6.jpg)
CATBAN protest in Abuja, demand to see legislators [Photos]
Citizens Action to Take Back Nigeria (CATBAN) is presently holding a protest at the National Assembly over what they describe as unnecessary budget cut of major projects in the 2018 Budget. The #CATBANProtest is demanding that the NASS gate be opened so they can see the legislators. Details shortly…
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Presidency confirms receipt of 2018 Budget from NASS
The Senior Special Assistant to the President on National Assembly Matters (Senate), Sen. Ita Enang, on Friday confirmed receipt of the 2018 Appropriation Bill passed by the National Assembly (NASS). The NASS had on May 16 passed the 2018 Appropriation Bill of N9.12 trillion. The budget was increased by the legislature by N508 billion from…