ADEKUNLE ADESUJI, Abuja
President Muhammadu Buhari has proposed to spend N9.12 trillion for 2020 budget.This is contained in Fiscal Strategy Paper/ Medium Term Expenditure (FSP/MTEF) submitted for consideration to the National Assembly by President Muhammadu Buhari.
Chairman of Cornerstone Insurance Plc, Mr. Segun Adebanji.
…Insurance sub sector worse hit
Barely four months to the end of the 2019 fiscal year, business managers in the country are still lamenting the inability of the Federal Government’s activities to generate the usual trickledown effects on the larger economy.
Lagos State Governor, Mr. Babajide Sanwo-Olu, signing the Y2019 Appropriation Bill into law at Lagos House, Alausa, Ikeja on Monday, June 3, 2019. With him: Deputy Governor, Dr. Obafemi Hamzat (2nd left); Head of Service, Mr. Hakeem Muri-Okunola (left) and Chairman, House Committee on Appropriation, Hon. Gbolahan Yishawu (right).
…Promises speedy implementation
Lagos State governor, Mr. Babajide Sanwo-Olu on Monday signed into law the 2019 Appropriation Bill.The bill with a total budget of N873,532,460,725 is a 55% capital expenditure and 45% recurrent expenditure.
The National Assembly has published details of its budget for the year 2018.This was disclosed on the official Twitter handle of the Office of the Senate President, Bukola Saraki, on Friday.
The Chairman of the House Committee on Appropriation in the Lagos State House of Assembly, Hon. Gbolahan Yishawu has laid a report on the 2019 Budget before the House.
The federal government has hinted that President Muhammadu Buhari will present the 2019 budget to the National Assembly when the legislature reconvenes in September.
Chairman of the House Committee on Media and Public Affairs, Hon. Abduulrazak Namdas.
JONAS EZIEKE, Abuja
The House of Representatives has assured that the N8.63 trn 2018 Budget of the Federal Government will be passed before the end of this month (April 30, 2018).
The House of Representatives Committee on Maritime Safety, Education and Administration yesterday lambasted the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Ministry of Transportation for failure to properly secure Nigerian waterways against crime.
Gov Rotimi Akeredolu of Ondo State
Gov. Oluwarotimi Akeredolu of Ondo State on Tuesday signed the N181. 42 billion 2018 appropriation bill into law.In his speech while signing the bill in Akure, Akeredolu that his administration would concentrate more on capital projects to bridge the huge infrastructure deficit in the state.
As the National Assembly resumes from Christmas and New Year recess, it should ensure that the 2018 budget is passed on time and its impact felt by the people in course of the current fiscal year.