budget

Soludo Seeks To Present 2022 Revised Draft Budget To HOA

Soludo Seeks To Present 2022 Revised Draft Budget To HOA

May 6, 2022 12:17 am

Anambra State Governor, Prof. Charles Soludo has written to the House of Assembly on Thursday to receive him on Friday as he planned to present a 2022 revised draft budget.

Speaker of the House, Mr Uche Okafor, announced the date while reading the letter from the governor at Thursday’s plenary session.

In the letter, the governor thanked the lawmakers for their support and urged them to allow him to perform his constitutional duty.

The speaker said, however, that he would reply to the governor to ask for another date as the proposed date of Friday, May 6, would not be …

Imo: Ihedioha Signs ₦197.6 Billion 2020 Budget Into Law

December 28, 2019 7:24 am

Imo state Governor, Emeka Ihedioha, has signed the ₦197.6 Billion 2020 Appropriation Bill into Law.

This was made known in a statement forwarded to THISDAY by the Governor’s Chief Press Secretary, Chibuike Onyeukwu on Friday night.

In a brief remark shortly after signing the bill on Friday, Ihedioha said the 2020 appropriation bill was professionally and painstakingly prepared.

Read Also: We’ll Submit Atrocity By Nigerian Security To The USA -Kanu

According to the governor, “The 2020 appropriation bill is the flagship of the bills I have signed into Law today. This appropriation bill was professionally and painstakingly prepared. Having signed

…

Sokoto’s 2020 Budget Prioritized To Meet Citizens Yearnings

December 22, 2019 4:16 am

Sokoto State House of Assembly has described the 2020 Appropriation Bill presented before it by the State Governor, Alhaji Aminu Waziri Tambuwal, as a realistic budget that has been prioritised to meet citizens’ yearnings.

Chairman, House Committee on Finance, Hon. Malami Ahmed Basakwacha, stated this during a Citizens Townhall meeting with members of the Coalition of Non-Governmental Organizations in Sokoto State (CONSS) at the House chamber.

The CONSS members were in the House to present a documented review of the appropriation bill to the House, being the resolutions of their three-day intensive meeting to study, review and identify necessary observations …

Why FCT 2020 Budget Was Increased To ₦278bn – Kyari

December 21, 2019 9:58 am

The Senate on Friday approved ₦278 billion for the 2020 Federal Capital Territory Administration (FCTA) budget, against the ₦232 billion earlier presented by the FCTA, NAN reports.

Chairman of the Senate Committee, Sen. Abubakar Kyari (APC Katsina) said the committee, in carrying its oversight duties on the budget proposal, identified critical areas of need for development to ensure improved living standards of inhabitants of FCT.

He said funds would cater for critical needs such as security, roads, water, health education and development of satellite towns within FCT.

Read Also: Budget: Wike Explains Increased Health Sector Allocation

Kyari said the committee …

Budget: Wike Explains Increased Health Sector Allocation

December 21, 2019 3:47 am

Rivers State Governor, Nyesom Wike, has stated that his administration increased the budgetary allocation to the health sector in the 2020 budget because of his commitment to universal health coverage in the state.

Speaking during a courtesy visit by the World Health Organisation (WHO) Country Representative for Nigeria at the Government House Port Harcourt, , Governor Wike said his administration was committed to improving healthcare delivery in the state.

He said: “We have increased the budgetary allocation to the health sector in the 2020 fiscal year. We have placed priority on health. We are expanding our health facilities for the …

Tokyo 2020 Olympics Unveil Final Budget Of $12.6 Billion

December 20, 2019 4:03 pm

The Tokyo 2020 Olympics are expected to cost some 1.35 trillion yen ($12.6 billion), organisers said Friday, unveiling a final budget showing increased revenue balancing out extra costs including countermeasures against heat.

However, officials admitted the budget does not yet include an estimated three billion yen for moving the marathon and race walk north to Sapporo, as they wrangle with the International Olympic Committee (IOC) over who bears the cost.

Revenues from domestic sponsorship and robust ticket sales have increased income by 30 billion yen, according to the fourth and final version of the Olympic budget.

This equals out a …

What Buhari Told Lawan, NASS After Signing 2020 Budget

December 17, 2019 2:42 pm

President Muhammadu Buhari has praised the National Assembly for ensuring detailed legislative review and passage of the 2020 Budget within two months.

President Buhari made the commendation when he signed the 2020 Appropriation Bill into law at the State House, Abuja on Tuesday.

He particularly lauded the lawmakers for the patriotic zeal they adopted in the passage of the bill, saying that it had restored the nation’s budget cycle to a predictable January to December fiscal year.

“I am very pleased that the National Assembly worked uncommonly long hours in the interest of our people and the national economy to …

Umahi Presents ₦178bn Budget For 2020

December 13, 2019 2:43 pm

David Umahi of Ebonyi on Friday, presented a budget of ₦178.1 billion for 2020 to the state House of Assembly. The budget was lower than the 2019 figure of ₦188.4billion.

Umahi while presenting the budget, tagged ‘budget of growth, consolidation, and transformation, expressed appreciation to the House and other critical stakeholders who ensured the effective implementation of the 2019 budget.

The governor said that the budget has a recurrent expenditure of N46.08 billion representing 25.8 per cent and capital expenditure of N132 billion representing 74.1 percent.

“The increase in the capital expenditure is due to the borrowing from the …

Senate Seeks 20% Of Budget As Their Constituency Projects

December 13, 2019 11:20 am

The Senate on Wednesday sought to provide legal backing to the provision of Constituency Projects in Nigeria’s annual budget by a minimum of twenty percent.

A statement on Wednesday by Mr Lawans’s Special Assistant on Press, Ezrel Tabiowo, said the move to do so was initiated with the consideration of the Constituency Projects (Budgetary Provisions) Bill, 2019, sponsored by Senator Stella Oduah, PDP, Anambra North.

Mrs Oduah, in her lead debate, said the intention of the bill is to ensure that good governance is delivered to the people, most of whom statistics show, are seventy percent rural dwellers.

According to …

Niger

Niger: 2020 Budget Based On Payment Of 30,000 Minimum Wage

December 11, 2019 11:30 am

The Niger State government has said that its 2020 budget is based on the payment of the ₦30,000 minimum wage.

This is just as the state chapter of the Peoples Democratic Party (PDP) has thumbed down the fiscal estimates describing it as “budget of nothingness and profound sleaziness”.

The state Commissioners for Planning, Alhaji Mamman Musa and that of Finance, Alhaji Zakari Abubakar, while giving the breakdown of the budget in Minna on Wednesday, said like other aspects of the budget, the implementation will commence once the fiscal estimates are passed by the House of Assembly and assented to by …

Of Democratic Ideals And Ogun 2020 Budget

December 10, 2019 1:11 pm

Last week, the Ogun State governor, Prince Dapo Abiodun, presented a budget estimate of N449.974 billion for the year 2020 to the State House of Assembly. Before going into the details of the budget proposals, however, it is necessary to flag the philosophical background behind it. In presenting the budget, Prince Abiodun apparently took cognizance of the fact that budgeting, a critical aspect of governance and the socio-democratic process, has often been approached from a cavalier perspective in the country. No right-thinking person would doubt the claim that when budgets are not well thought out, faithfully implemented through cash …

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