Tag: 2021 Budget
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Reasons to dismiss 2021 Budget as a joke (Part 1), By Dele Sobowale
“We do many things at the federal level that would be considered dishonest and illegal if done in the private sector. Donald T Regan. 1986. Donald Regan was US Secretary of the Treasury (equivalent to our own Minister of Finance), from 1981-85 and Chief of Staff from 1985-87 for the Reagan administration. He was familiar…
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Senate sets deadline for 2021 budget defence
The Senate’s deadline for the 2021 budget defence would not exceed the first week of November, President of the Senate, Senator Ahmad Lawan has said. TheNewsGuru.com (TNG) reports the Senate President made this known in a statement on Friday, revealing the Senate would be suspending plenary for two weeks. Lawan also said before the suspension…
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Debate on 2021 budget: Senators call for infrastructure development
As debate on the 2021 appropriation bill of N13.08 trillion entered the second day, senators have called for infrastructure development in the country to make life easy for citizens. Leading the debate on the general principles of the bill on Wednesday during plenary, Senate Leader Yahaya Abdullahi announced continuation of the budget consideration by the…
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2021 budget: How to achieve oil production benchmark – Omo-Agege
The Deputy President of the Nigerian Senate, Senator Ovie Omo-Agege has said for the nation to be able to achieve the oil production benchmark as stipulated in the 2021 budget, certain things must be put in place. TheNewsGuru.com (TNG) reports Senator Omo-Agege stated this on Wednesday as the Senate began debate on the 2021 budget…
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Delta earmarks N378 billion as budget estimate for 2021
The Delta State Executive Council, today, approved a draft estimate of N378 billion as budget for 2021 which would be presented to the state House of Assembly next week for approval. This was part of resolutions reached at the State Executive Council meeting presided over by the state governor, Senator Ifeanyi Okowa. In a post…
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‘Funding 2021 budget with oil revenue will be difficult’
Prof. Wumi Iledare, Professor of Petroleum Economics says it will be difficult to fund 2021 budget with oil revenue going by the development in the global oil market. Iledare made this known in an interview on Sunday in Abuja, saying it was impossible under the current global economic projections to fund the budget by revenue…
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Buhari gives update on Second Niger Bridge in 2021 budget speech
President Muhammadu Buhari on Thursday gave an update on the Second Niger Bridge, saying the construction of the bridge has reached 46 per cent completion status. He made this known at the presentation of the 2021 budget estimate of N13.08 trillion before a joint session of the National Assembly. Buhari, who was optimistic about the…
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2021 Budget: Lawmakers air mixed reactions after Buhari’s presentation
…It’s awkward to borrow to fund overhead expenditure-Rep Okechukwu …It’s another false narrative- Rep Tee Jay Yusuf …We should expect a fiscal deficit-Rep Faleke …Reps to suspend plenary over budget defence …NASS will never be used as a tool-House spokesman By Emman Ovuakporie Mixed reactions on Thursday trailed the 2021 Budget Estimates presented to the…
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Buhari’s 2021 Budget presentation speech
PROTOCOLS 1. It is with pleasure that I present the 2021 Federal Budget Proposals to this Joint Session of the National Assembly. 2. Distinguished and Honourable Leaders, and Members of the National Assembly, at this juncture, I wish to commend your tremendous efforts in approving the revision of the 2020 – 2022 Medium-Term Expenditure Framework…
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2021 budget: Drama as Buhari announces N128bn for National Assembly [VIDEO]
President Muhammadu Buhari on Thursday announced the National Assembly (NASS) will receive the sum of N128 billion as allocation in the 2021 budget as proposed. TheNewsGuru.com (TNG) reports there was a mild drama as President Buhari made the announcement during the presentation of the 2021 Appropriation Bill. Buhari paused as he read the proposed 2021…