Gbajabiamila has stated that the budget review on MDAs conducted by the House of Assembly is a right of the National Assembly.
House of Reps Committee has warned MDAs against failure to render accounts to Auditor-General of the Federation.
Promissory notes worth N148,141,969,161.24 has been approved by the Senate as refund to Bayelsa, Cross River, Ondo, Osun and Rivers States
The Central Bank of Nigeria (CBN), voted unanimously to keep the Monetary Policy Rate (MPR), at 11.5%.
Governor Seyi Makinde has presented a ₦266.64billion budget proposal to the Oyo State House of Assembly.
Tambuwal has insisted that plans to restructure Nigeria and the Constitution must pass through due process from the National Assembly.
The Minister of Finance has said that Nigeria will exit the economic recession by the first quarter of 2021.
Peter Obi has warned that that the current recession could be worse than that of 2016, because debt raised by the administration was not properly invested.
Atiku Abubakar has advised the Federal Government to expunge non-essential line items from the proposed 2021 budget.
NBS data for Q3 2020 shows a dip of 3.62% in real GDP, confirming the Nigerian economy has officially fallen into a second recession in 5 years.