Tag
2020 BUDGET
The Senate and the House of Representatives in a joint session passed the 2020 Appropriation Bill that was presented by the President on 8 October.
Nigeria’s Finance Minister, Zainab Ahmed, has once again argued that Nigeria does not have a debt problem.
The Nigerian Senate, on Thursday, December 5th, 2019, passed the 2020 National Budget of N10.59 trillion.
The much-debated and anticipated new tax regime in Nigeria will take effect from the 2nd of January next year.
Yesterday, at the lower chamber of the National Assembly, legislation a Bill to compulsory 40% allocation to capex passes second reading.
The Nigerian Senate has concluded on the time the 2020 Budget will be passed, as all the committees are through with their defence sessions.
Analysts at FSDH Merchant Bank Limited believe that the Federal Government’s revenue targets in 2019 are unsustainable.
Stakeholders and industry experts have been reacting to the 2020 budget since its presentation by President Muhammadu Buhari.
The speech delivered by President Muhammadu Buhari President at the Joint Session of the National Assembly, Abuja.
The additional N727 billion included into the N10.2 trillion MTEF proposal by the National Assembly has been approved by the FEC.
The Nigerian Senate has increased the proposed 2020 to N10.729 trillion from the initial N10.002 trillion. This was disclosed on Thursday while the 2020-2022 MTEF/FSP was being passed.
Nigeria spent a whooping N1.11 trillion to cover debt service obligations in the first six months of the year 2019.