BudgIT Nigeria has raised concern over the revenue figure declared by the budget office and the disclosure made recently by the Minister of Finance and Coordinating Minister of Economy, Wale Edun. The civic organisation raised the alarm in a post on its X handle on Friday, December 19. It stated: “While the Budget Office @PlanningNG …
The Federal Government has directed Ministries, Departments and Agencies (MDAs) to defer 70 per cent of their 2025 capital allocations into the 2026 fiscal year. It gave the order in the 2026 Abridged Budget Call Circular, reportedly issued by the Ministry of Budget and Economic Planning to ministers, service chiefs, and heads of agencies. This …
President Bola Tinubu has asked the National Assembly to approve a fresh ₦1.15 trillion loan from the domestic debt market to finance the deficit in the 2025 budget. His request was conveyed in a letter read on the floor of the Senate during plenary on Tuesday, November 4. The proposed borrowing is intended to bridge …
Jigawa State Governor, Malam Umar Namadi, has signed into law a ₦75 billion supplementary budget for the 2025 fiscal year. The appropriation bill, earlier scrutinised and approved by the State House of Assembly, was signed on Monday at the Government House in Dutse. The supplementary budget allocates ₦58 billion to the state government, while ₦17.109 …
The Deputy Spokesman of the House of Representatives, Philip Agbese, has dismissed concerns over delays in implementing the 2025 budget, insisting that President Bola Tinubu’s administration remains on course with its economic policies. Agbese, who spoke to newsmen on Friday, commended the Minister of Budget and Economic Planning, Abubakar Atiku Bagudu, for what he described …
