Tag: Supplementary Budget
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Senate approves Buhari’s $6.1bn external loan request, passes N895.842bn Supplementary Budget
The Senate on Wednesday approved a loan request of $6.1 billion by President Muhammadu Buhari. The $6.1 billion which is about N2.343trillion was approved following the consideration of the report of the Senate Committee on Local and Foreign Debts at plenary. Chairman of the committee, Senator Clifford Ordia, presented the report. TheNewsGuru.com, TNG reports that…
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Senate set to consider 2021 Supplementary Budget of N895.8bn
President of the Senate, Ahmad Lawan, has said that the Senate will on Wednesday, consider President Muhammadu Buhari’s N895.8 billion supplementary budget request. Lawan made the disclosure during Tuesday’s plenary after the upper chamber received the report of the Committee on Appropriations on the Supplementary Appropriation Bill, 2021. The consideration of the request from the…
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N895.8bn Supplementary Budget scales 2nd reading in Senate
A Supplementary Bill for an Act to authorise the issuance of N895,842,465,917 from the Consolidated Revenue Fund of the Federation has scaled second reading in the Senate. This followed the presentation of the lead debate by the Senate Leader, Sen. Yahaya Abdullahi, during plenary on Wednesday. The News Agency of Nigeria (NAN) recalls President Muhammadu…
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Buhari writes Senate, seeks approval of N895bn supplementary budget
President Muhammadu Buhari on Tuesday urged the Senate to consider and approve N895billion as Supplementary Budget. Senate President Ahmad Lawan read Buhari’s letter of request on the floor at plenary. The Federal Executive Council (FEC) had earlier approved the amount. A substantial part of the fund has been earmarked for procurement of military hardware to…
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Kaduna Assembly passes over N10 bn supplementary budget for LGAs
Kaduna State House of Assembly has passed into law, a supplementary appropriation bill of over N10 billion for the 23 Local areas of the state. The decision followed a presentation of reports by the Chairman, Appropriation and Implementation committee, Alhaji Ahmed Mohammed, in respect of the first supplementary estimates following the receipt of Paris club…
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Breaking: Edo Assembly passes N160bn supplementary budget
The Edo House of Assembly on Monday passed the 2018 Supplementary Appropriation Bill of N160 billion. Recall that Gov. Godwin Obaseki had in December 2017 signed a budget size of N150 billion into law. The passage of the revised Supplementary Appropriation bill was sequel to the consideration of a letter dated Oct. 30, from the…
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Edo Govt. proposes N16.2bn as 2018 supplementary budget
Gov. Godwin Obaseki of Edo has proposed a N16.2-billion Supplementary Budget for the 2018 fiscal year to allow for more investments in education and agriculture, among other sectors. The information is in a statement by Special Adviser to the Governor on Media and Communication Strategy, Mr Crusoe Osagie in Benin on Wednesday. Osagie stated that…
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Plateau presents N6b supplementary budget for Assembly’s approval
The Plateau Executive Council has approved a supplementary budget of N6.74 billion to be presented to the state House of Assembly for approval. Malam Muhammad Nazif, Commissioner for Information and Communication, said this on Tuesday while briefing newsmen after the executive council meeting in Jos. Nazif said the supplementary budget was to finance some ongoing…