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Revenue Constraints Hamper Attainment Of ERGP Targets – CDD

The Centre for Democracy and Development (CDD), one of Nigeria’s leading civil advocacy group on good governance, has identified revenue shortfalls as one of the constraints that undermined the Federal Government’s efforts to meet the broad economic development targets as outlined it the Economic Recovery and Growth Plan (ERGP). The civil society group made this […]

Budgeting Budgets Economy News Extra Latest News National Assembly

Senate Raises Budget 2020 Proposal By N727Bn

The Senate today passed the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) submitted to it by President Muhammadu Buhari last week, raising the 2020 budgetary proposal by N727 billion and the oil benchmark by $2 per barrel. The approval was sequel to the presentation and consideration of the Senate Committee on Finance […]

Budgets Economy News Extra Latest News

BudgIT Asks FG To Publish Beneficiaries Of N1.4tn Fuel Subsidy

BudgIT, a frontline civil society group committed to public finance transparency in the country, has charged that Federal Government to publicise the real beneficiaries of the yearly N1.4 trillion subsidy payments with a view to ensuring that the expenditures judiciously utilized. The civil society organization lamented that despite the startling disclosures by the Minister of […]

Budgeting Budgets Revenue

MTEF 2018-2020’s review won’t impede 2018 budget passage – Ahmed.

  The Federal Government has assured that the adjustments made to the 2018-2020 Medium-Term Expenditure Framework and Fiscal Strategy Paper which raised the projected expenditure figures by about N1.5 trillion would not in any way distort the 2018 Appropriation Bill passage as the adjustments had been captured in the latter before its presentation to the […]