President Muhammadu Buhari will Thursday lay before the joint session of the National Assembly the 2022 Appropriation Bill for the lawmakers’ consideration. The Deputy President of the Senate, Ovie Omo-Agege, disclosed this on Tuesday while presiding over the plenary of the upper chamber of the Legislature. The Senate President, Ahmad Lawan, was absent. Before the […]
Tag: 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP)
Senate Passes 2022-2024 MTEF/FSP, Endorses FIRS’ Collection Of VAT
The Senate on Wednesday passed the 2022-2024 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) ahead of the expected laying of the 2022 Appropriation Bill before the joint session of the two chambers of the Legislature by President Muhammadu Buhari. The passage of the 2022-2024 MTEF/FSP was sequel to the consideration of the report […]
FG To Borrow N4.89Trn In 2022, As Revenue Accruals Decline
The Federal Government on Monday hinted of its plans to borrow about N4.89 trillion locally and externally in 2022 to fund the revenue shortfall in its proposed budget of N13.98trn in the fiscal year. Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, disclosed this during an interactive session with members of the House […]