Tag: MTEF
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Reps approve 2018-2020 MTEF document, increase FG’s oil price benchmark to $47 per barrel
The House of Representatives on Tuesday approved the 2018-2020 Medium Term Expenditure Framework, MTEF, while also increasing the oil price benchmark proposed by the Federal Government from 45 to 47 dollars per barrel. TheNewsGuru.com reports that President Muhammadu Buhari had shortly before presenting the 2018 appropriations bill to the National Assembly sent the document alongside…
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Buhari sends 2018-2020 MTEF, FSP to Senate
President Muhammadu Buhari has sent the 2018-2020 Medium-Term Expenditure Framework, MTEF, and Fiscal Strategy Paper, FSP, to the Senate. The submission of the documents usually precedes the presentation of the budget estimates to the National Assembly. In a letter read by the Senate President, Bukola Saraki, on Thursday, the President said that the MTEF and…
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FEC approves 2018-2020 MTEF, sets oil benchmark at $45 per barrel
The Federal Executive Council, FEC, on Wednesday during its weekly meeting approved the 2018-2020 Medium Term Expenditure Framework, MTEF and the Fiscal Strategy Paper, FSP. The Minister of Budget and National Planning, Udoma Udoma, told reporters in Abuja after the meeting that the highlights of the MTEF showed government’s commitment to achieving seven per cent…
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Reps adopt MTEF as Buhari presents 2017 budget
The House of Representatives on Tuesday adopted the 2017 to 2019 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) as President Muhammadu Buhari presents the 2017 budget estimates to a joint session of National Assembly on Wednesday (today). The House fixed the exchange rate of Naira to a dollar at N350 as against…
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Buhari sets date to present 2017 Budget
President Muhammadu Buhari will present the 2017 budget proposal to a joint session of the National Assembly on Wednesday, Dec. 14. This is contained in a letter to the Senate and read by the President of the Senate, Dr Bukola Saraki, at the floor of the upper chamber on Tuesday in Abuja. The letter reads:…