increased

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

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.

Kyari said the committee …

Budget: Wike Explains Increased Health Sector Allocation

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 …

Analysts Renew Calls For Increased Local Particpation

Following the positive performance at the Nigerian Stock Exchange (NSE), market analysts have urged local investors to sustain the level of participation.

This is coming after proceedings on the nation’s bourse ended the month of November 2019 on the positive trajectory with a gain of N202 billion to close at N13.032 trillion.

Checks by Daily Sun showed that transactions on NSE opened the trading month of November at N12.830 trillion in market capitalisation and 26,355.35 points in All Share Index and settled the last trading day of November at N13.032 trillion and 27,002.15 index points, thus resulting into a gain …