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MDAs’ Budget 2022 Proposals Submission Deadline Expires Sept 5

The deadline for all Ministries, Departments, and Agencies (MDAs) to submit their 2022 budget proposals will elapse tomorrow, September 5, 2021. The deadline was conveyed to the MDAs through a circular with reference DG/BDT/GEN CORR/2016/IV/2225 by the Budget Office and signed by the Director-General, Mr. Ben Akabueze. Specifically the circular was addressed to the Chief […]

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FG Mulls Capturing CBN, NNPC, Others In Single Federal Budget

The Director General, Budget Office of the Federation, Mr. Ben Akabueze, has hinted of plans by the Federal Government to capture yearly budgets of Government-Owned Enterprises (GOEs) in the federal budget as part of its efforts to streamline the fiscal system. The proposed plan, if consummated, will stop the current practice of sending separate budgets […]

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50 Govt-Owned Enterprises Default In Revenue Remittance

The Director General of the Budget Office, Ben Akabueze, on Tuesday disclosed that no fewer than 50 Government-Owned Enterprises (GOEs) were yet to remit about N2.78 trillion to the Federation Account as operating surpluses in line with the provisions of the law. Akabueze, who made this disclosure while speaking at a town hall meeting with […]