Budgeting Economy News Extra Infrastructure & Capital Projects Latest News Oil & Gas Political Economy

Lawmaker Rues Beneficiary-States’ Diversion Of 13% Derivation Funds

The Deputy Senate President, Senator Ovie Omo Agege, has condemned in unequivocal terms the diversion of the 13 percent oil derivation funds by oil producing states in view of the implications for the socio-economic wellbeing of ordinary people in the affected states. The lawmaker lamented that despite the billions of Naira being distributed to the […]

Budgeting Economy News Extra Latest News National Assembly Professionals & HR Devt.

President Buhari Signs National Minimum Wage Bill

President Muhammadu Buhari on Thursday assented to the N30,000 National Minimum Wage Bill, thereby ending lingering controversies that had trailed the bill over the past months. A source in the Presidency who confirmed that the President signed the bill into law this afternoon, said that the Senior Special Assistant to the President on National Assembly […]

Budgeting Latest News National Assembly

NASS Transmits N9.12Trn 2018 Budget To President Buhari

The National Assembly a few minutes ago transmitted the harmonised 2018 Budget to President Muhammadu Buhari for assent. The Senior Special Assistant to the President on National Assembly Matters (Senate), Senator Ita Enang, confirmed  the transmission of the passed N9.12 trillion Appropriation Bill to the President. He said: “I have received the budget on behalf […]