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Nigerian govt targets concessionary loans, climate financing to fund 2024 budget

The Minister of Finance and Coordinating Minister for the Economy, Wale Edun, has emphasised the need for Nigeria to take advantage of cheap concessionary...

Business

FG Spends N1trn In January, February To Service Debt Says DMO

The Federal Government has spent N1trn or $2.31bn to service Nigeria’s N44.06trn ($101.9trn) debt in the first two months of 2023.The development is coming...

News

2023 budget: Lagos to spend 27.3% for modern infrastructure

The Lagos State Government says 27.3 per cent of its 2023 Budget, amounting to N482.86 billion will be expended to provide modern infrastructure to...

Business

Experts Advocate More Funding As FG Cuts Budgetary Allocation To Agric Sector By N52.6bn

Some finance and economic experts have said that the nation’s agricultural sector is bound to witness challenges if the state government remains dormant in...

Business

Over N3trn Lost To Non-Compliance With Value Added Tax Act–FG

The Director General Budget Office of the Federation, Ben Akabueze has revealed that in 2022, Nigeria lost over N3trn through the non-compliance with the...

Business

JUST-IN: 2023 Budget: Payment For Petrol Subsidy To Stop In June As FG Budgets N3.36trn For 6 Months

The Federal Government will stop the payment of fuel subsidy by the end of June this year.The Minister of Finance, Budget and National Planning,...

Business

Nigeria’s Economy Would Have Collapsed If Not For Buhari’s Ingenuity—Keyamo

Nigeria’s Minister of State for Labour and Employment, Festus Keyamu has said that the Nigerian economy would have collapsed if not for President Muhammadu...

News

BREAKING: Buhari Signs Last Budget As President

President Muhammadu Buhari on Tuesday appended his signature to the 2023 Appropriation Bill which marks the last budget to be signed by his administration...

Business

2023 BUDGET: Debt service increased to N6.6tn amid World Bank concerns

The Federal Government has allocated N6.6 trillion to debt service in the 2023 budget signed by President Muhammadu Buhari on Tuesday at the Presidential...

News

Ayade signs N330 billion 2023 budget into law

By PATRICK ABANG, Calabar –Cross River State Governor, Ben Ayade on Friday signed the state’s 2023 appropriation bill into law.Christened “Quantum Infinitum,” the budget...

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