National Planning

We Are Not Aware Of The Sale Of Government Assets - Senate

Senate Alleges Multi-Billion Naira Fraud In NTA

August 21, 2020 3:38 pm

The Nigerian Senate Joint Committee on Finance and National Planning which is currently discussing 2021-2023 MTEF-FSP have discovered financial fraud running into billions of naira in the Joint Venture arrangement between State-owned television, the Nigerian Television Authority (NTA) and a Chinese Satellite Pay TV, StarTimes.

The fraud came to the public glare on Friday as documents involving the parties were scrutinised with the discovery that the Nigeria Television Authority has not been remitting revenues into the Federation Account.

When the Director-General of NTA, Mallam Mohammed Yakubu presented documents to the panel, they discovered that documents relating to NTA and StarTimes …

Buhari To Sign Revised ₦10.8 Trillion 2020 Budget Into Law

July 10, 2020 6:58 am

President Muhammadu Buhari will today sign into law the revised 2020 budget of N10.8 trillion. The Minister of Finance, Budget and National Planning, Dr. Zainab Ahmed, disclosed this yesterday while briefing the leadership of the National Assembly on plans to submit the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) later this month.

Ahmed, who briefed principal officers of the Senate and House of Representatives, led by the Senate President, Ahmad Lawan and speaker, Femi Gbajabiamila, said the President had given directives for the Ministry to expedite action on next year’s budget estimates to enable him present the …