FG Promissory Notes rise to N1.65 trillion, up 114% in one year under Tinubu
Nigeria's Debt Management Office (DMO) reports that the federal government's Promissory Notes debt surged to N1.65 trillion as of June ...
Tag: MTEF
Senate approves MTEF for 2024 to 2026, adopts N700/$1 exchange rate
The Senate today approved the MTEF and FSP for 2024.
Tinubu administration targets N30.6 trillion fiscal deficit in three years
The Tinubu administration is targeting a combined fiscal deficit of N30.6 trillion between 2024, 2025, and 2026, according to the ...
Senate approves daily crude production of 1.69 million for 2023, passes Medium Term Expenditure Framework (MTEF)
Zainab Ahmed says the federal government’s 2023 budget proposal is N19.76 trillion, with a deficit of N11.3 trillion.
President submits 2021-2023 MTEF to National Assembly
Media reports quoted that the proposal for 2021 targets Non-debt recurrent expenditure of N5.75tn.
Naira will “suffer further devaluation” – MTEF
With the government under pressure to earn dollars, reliance has shifted mostly towards foreign borrowing.
FG slashes 2020 budget by N318 billion, sends to NASS
The Federal Government has slashed the 2020 budget by N318 billion and sent to the National Assembly.
FG to reduce N1.5 trillion from 2020 budget due to coronavirus
Mrs. Zainab Ahmed disclosed that the Federal Government has plans to reduce N1.5trn from the N10.59trn 2020 Appropriation Act.
FEC approves N8.73 trillion budget for 2019
The Federal Executive Council has approved a proposed budget of N8.73 trillion for the 2019 fiscal year.
