President Bola Tinubu has approved the N2.17 trillion 2023 supplemental budget. According to The Times, the budget was swiftly approved by the Senate and House of Representatives last week, and the president then signed it. The National Assembly adopted the plan, and it is now essentially a law, enabling the federal government to distribute the […]
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BudgIT has questioned the Federal Government’s allocation of N81.7 billion for the building of solar streetlights in the 2023 budget. According to Nairametrics, in a statement issued on Friday, the budget monitoring organization claimed that the amount budgeted for streetlights was greater than the sums allotted for schools and primary health facilities, which totals N77.9 billion […]
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The Federal Government has stated that the 2023 budget, which was approved at N21.82 trillion, will have a N11.34 trillion budget deficit. It was also revealed that the budget will be financed through domestic and foreign sources and also multi-lateral-bilateral loan drawdowns. According to Nairametrics, this was disclosed by the Minister of Finance, Zainab Ahmed […]
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Ahead of the presentation of the 2023 budget to lawmakers, a report has revealed that the Federal Government is projecting the production of 1.69 million barrels of oil daily. This is as the President, General Muhammadu Buhari (retd), is scheduled to present the N19.76 trillion 2023 Budget estimates before lawmakers at a joint session of […]
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