Tag
BUDGET
News and analysis about budget
Babajide Sanwo-Olu has allayed the fears of residents of the state who complain about the state’s high debt stating that Lagos has the capacity for a debt burden of N20 trillion.
The Lagos state government has presented a N2.24 trillion budget for the 2024 fiscal year to the state House of Assembly for deliberation and approval.
The Nigerian Senate has urged the executive to allocate a minimum of 10% of the total annual budget revenue to agricultural production.
Ben Akabueze, the Director-General of the Budget Office of the Federation, has said that the proposed N27.5 trillion budget for 2024 awaiting approval in the National Assembly is deemed “too small” to adequately address Nigeria’s economic needs.
The budget is an Appropriation bill; the bill's sponsor presents it to the Legislative Assembly for consideration and debate and, if passed, becomes an Act.
President Bola Tinubu has signed the N2.17trn 2023 supplementary budget into law following the speedy approval of the budget proposal.
The Federal Government has budgeted the sum of N58 billion for the construction of twenty (20) new road projects under the capital expenditure of the Federal Ministry of Works in the recently approved N2.17 trillion 2023 supplementary budget.
Nigeria’s minimum wage is N30,000, so a N300,000 salary puts you at least ten times above the national minimum wage.
Creating a solid budget for your business is a fundamental step in maintaining financial stability and ensuring long-term success.
Nigeria ranked seventeenth, only fourth from the bottom among the 20 biggest economies on the continent, better than the Democratic Republic of Congo, Sudan, and Ethiopia
Zainab Ahmed, the Minister of Finance, Budget and Planning has said that the proposed 2023 budget of N19.76...
The Nigerian Government says the 2023 budget proposal is N19.76 trillion, with a deficit of N11.3 trillion.