The Nigerian Senate on Sunday, denied the reports that it padded the supplementary budget, while describing it as mischievous. The upper legislative chamber was reacting to reports in some online news outlets that the sum of N70 billion was padded into the supplementary budget as a “gift” from the executive arm of government. The Chairman,…
The ex-minister of Education, Obiageli Ezekwesili, has described the 2023 National budget, as “hopeless”. The Informant247 reports that the Nigeria president, Muhammadu Buhari, was yesterday signed the 2023 Budget of N21.83tn along with the 2022 Supplementary Appropriation Bill into law, at the Council Chambers of the Presidential Villa, Abuja, in the presence of Vice President…
Nigerian president, Muhammadu Buhari has on Tuesday, said that Nigeria would pay N1.8 trillion ($4 billion) extra interest in 2023 if the National Assembly rejected a loan-to-bond swap request on the Central Bank of Nigeria’s overdrafts to the government. Buhari said this while signing 2023 budget of N21.83 trillion into law at the Council Chambers…
Nigerian President, Muhammadu Buhari has signed the N20.83 trillion 2023 Appropriation Bill into law. The President, during a brief signing ceremony inside the Council Chambers of the Presidential Villa, Abuja, had senior government officials present. President Buhari received the Bill, which was passed by both the Senate and House Representative last week, from his Senior…
The Nigerian senate president, Senator Ahmad Lawan has on Friday declared that President Muhammadu Buhari will sign the 2023 appropriation bill on Tuesday, January 3 2023. The Senate President made the declaration while speaking to newsmen after having a closed doors with the President at the presidential villa, in Abuja. Lawan said the issue of…
Kaduna State Governor Nasir El-Rufai has signed into lawa, the 2023 appropriation bill of over N376.4 billion. Commissioner of Budget and Planning, Hajiya Umma Aboki, disclosed this to newsmen in Kaduna on Thursday, saying the budget prioritized the health and education sectors with an allocation of 43.70 per cent, explaining that 15.70 per cent was…
The House of Representatives has on Wednesday passed 2023 budget of N21,827,188,747,391. The budget record an increase of N1,319,246,566,677 from the proposal sent to the House by President Muhammadu Buhari. Informant247 gathered that President Muhammadu Buhari had in October transmitted a proposal of N20.5 trillion for the 2023 fiscal year. The House also passed a…
The National Assembly has on Thursday postponed the passage of the 2023 Appropriation Bill till Wednesday, December 28, 2022. Informant247 gathered that the lawmakers had upon resumption devolved into an executive session which lasted for about 15 minutes. However, Senate President, Ahmad Lawan in his address after the closed door session declared that the 2023…
Nigerian President, Muhammadu Buhari has transmitted the Finance Bill 2022 to the House of Representatives for consideration and passage into law in support of the 2023 budget. The President transmitted it in a December 19, 2022 letter, which was read by the Speaker, Femi Gbajabiamila, during plenary on Tuesday, saying it was pursuant to Section…
