AGS NEWS – The Independent National Electoral Commission, INEC, has decried the challenges it faces each year, demanding that its allocation be increased by 200 per cent given its huge challenges during electioneering campaigns and rejecting its N40 billion budgetary … Continue reading 2025 budget: INEC rejects N40bn allocation, demands N126bn
AGS NEWS – Debt servicing took up 47% of the Federal Government’s total expenditure in the first nine months of 2024, according to data from the Central Bank of Nigeria (CBN). The government spent ₦8.94 trillion on debt payments during … Continue reading FG services debt with 47% budget vote
AGS NEWS – Edo State Governor Godwin Obaseki signed a revised supplementary budget of N450 billion into law on Tuesday. At the ceremony held at the Government House in Benin, Obaseki announced that N5 billion from the budget would be … Continue reading Obaseki signs N450bn supplementary budget
The Lagos State House of Assembly has successfully approved the 2024 Appropriation Bill, amounting to a substantial N2.2 trillion. The bill, initially presented to the Assembly by Governor Babajide Sanwo-Olu, received the legislative nod during a plenary session held on … Continue reading Lagos state house of assembly approves N2.267 trillion 2024 budget
The federal government of Nigeria has indicated the possibility of returning to the National Assembly next year to seek approval for a supplementary budget if the country exceeds its revenue projections. Currently, President Bola Ahmed Tinubu’s N27.5 trillion appropriation bill … Continue reading Nigeria may increase 2024 Budget if Revenue improves next year – Wale Edun
The Academic Staff Union of Universities (ASUU) has issued a warning that universities nationwide may face strikes in 2024 due to the insufficient budget allocated to the education sector and inadequate remuneration. Prof. Emmanuel Oshodeke highlighted President Bola Tinubu’s earlier … Continue reading ASUU kicks against low education budget, threatens to go on strike
On Tuesday, Akwa Ibom State Governor, Umo Eno, presented the 2024 Financial Year budget proposal to the state House of Assembly, amounting to a total of N845.63 billion. This figure stands in contrast to the revised provision of ₦850.00 billion … Continue reading Akwa Ibom allocates N845.63 billion in budget for 2024 fiscal year
Kano State Governor, Abba Kabir-Yusuf, has presented a second supplementary budget for the year 2023, amounting to N24 billion, to the State House of Assembly. The submission was made on Tuesday during a plenary session in Kano and was officially … Continue reading Yusuf submits N24 billion supplementary budget to Kano assembly
On Thursday, both the Senate and the House of Representatives successfully passed the N2.17 trillion 2023 supplementary appropriation bill following a thorough legislative process. Before the bill’s passage, the Senate adopted the report derived from the harmonized sessions of both … Continue reading National assembly passes N2.17 trillion 2023 supplementary budget
The Federal Government has given the green light to a supplementary budget of N2.18 trillion for the fiscal year 2023. This decision, announced on Monday, comes as a response to the increasing demand for additional funding in key areas such … Continue reading FG N2.2 trillion supplementary budget proposal unveiled
The Minister of Planning and Budget, Atiku Bagudu, announced that the Federal Government anticipates a budget estimate of N26 trillion for the year 2024. This disclosure took place following the Federal Executive Council (FEC) meeting, which was chaired by President … Continue reading FG bargains on N26 trillion for 2024 budget
The State House Management in Aso Rock Villa has commenced the refurbishment and renovation of parts of the Presidential Villa, Abuja in preparation for the inauguration of Bola Tinubu as the President on May 29. This move has been observed … Continue reading Nigerian government refurbishes Aso Rock ahead of inauguration with total N14 billion budget, new furniture and repainted offices
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