Budgeting Investments/Capital Market Latest News National Assembly Planning & Economic Development Revenue

Senate Lauds SEC On Financial Prudence, Tasks Mgt On Investment

The Senate Committee on Finance has commended the Securities and Exchange Commission (SEC) Nigeria on its efforts to operate profitably and  charged the leadership to explore ways to further deepen the capital market in a bid to attract more local investors especially young Nigerians. Chairman of the Committee, Senator Solomon Olamilekan Adeola, gave the commendation […]

Budgeting Economy News Extra Health & Environment Infrastructure & Capital Projects Latest News National Assembly Oil & Gas Planning & Economic Development Political Economy Power/Electricity Revenue Taxation Technology Telecomms

Nigeria Records 51% Oil Revenue Shortfall, As Buhari Proposes N3.6Trn For Debt Servicing In 2022

President Muhammadu Buhari on Thursday disclosed that the Federal Government’s share of oil revenue as at July this year totalled N570.23 billion, representing 51 percent shortfall from the budgetary target for the seven months period. Buhari  gave this hint in his address on the proposed N16.39 trillion Appropriation Bill 2022 at the National Assembly. He […]