WE’VE RELEASED 4.3TRILLION FOR CAPITAL PROJECTS IN 3 YEARS- UDO UDOMA

Ifeanyi Onuba, Abuja The Federal Government has released over N4.33tn in the last three years to Ministries Departments and Agencies of government for the implementation of capital projects The Minister of Budget and National Planning, Udo Udoma gave the figure during a press briefing on the activities of the ministry and its parastatals under his leadership. Giving a breakdown of the amount, the minister explained that the Federal Government through the ministry of finance was able to release N1.2tn under the 2016 budget for capital spending. For the 2017 fiscal…

Read More

BUDGET 2019: BUHARI STILL CONSULTING BEFORE HE SIGNS- PRESIDENCY

John Ameh, Abuja The Presidency says   President Muhammadu Buhari  is  still consulting on the N8.92tn 2019 budget and studying the provisions therein. It also  said  Buhari, having received the 2019 Appropriation Bill from the National Assembly, was  within the number of days allowed by the 1999 Constitution to make a decision on whether to sign it or withhold his assent. The expectation was that the President would sign it almost immediately, considering that the budget had long been delayed. Findings by The PUNCH  indicated that the 2018 budget, still being implemented by…

Read More

10 DAYS AFTER PASSING BUDGET, NASS SENDS IT TO BUHARI FOR ASSENT

Leke Baiyewu The National Assembly has transmitted the 2019 Appropriation Bill to President Muhammadu Buhari for assent, SUNDAY PUNCH learnt on Saturday. Both the Senate and House of Representatives passed the national budget on April 30, 2019. When contacted on the telephone on Saturday, the Senior Special Assistant to the President on National Assembly Matters (House of Representatives), Mr Umar el-Yakub, said the budget had been transmitted. “Yes, it has (been transmitted) on Thursday evening. But you know that they (executive) will have to analyse it before it is assented to,” he…

Read More

DISQUIET AS LAGOS ASSEMBLY REFUSES TO TRANSMIT BUDGET TO AMBODE FOR SIGNING

Kazeem Ugbodaga Ambode and Obasa There is disquiet and anger in Lagos as the Lagos State House of Assembly is yet to transmit to Governor Akinwunmi Ambode the 2019 Appropriation bill to be signed into law over one week after the lawmakers passed the bill. The House, on April 29 passed the budget and added N21 billion to the original budget of N852.317 billion presented by the governor. The budget has been one filled with political undertone as Ambode could not present the budget in December and had to present…

Read More

NASS TO TRANSMIT BUDGET TO BUHARI TODAY

President Buhari presenting the 2019 budget House of Representatives on Tuesday said the National Assembly (NASS) would transmit the approved 2019 Budget of N8.92 trillion to President Muhammadu Buhari on Thursday. Chairman of the House Committee on Appropriation, Rep. Mustapha Dawaki, made this known while briefing newsmen after plenary in Abuja. Dawaki explained that the increase in total budget from N8.83 trillion was due to the inclusion of funds for “special interventions’’ made by the National Assembly. He said that the interventions included the provision of N24.6 billion as severance…

Read More

SENATE PASSES 2019 BUDGET, INCREASES IT BY 10BIL NAIRA

Leke Baiyewu, Abuja The Senate has eventually passed the 2019 Appropriation Bill, adding N10bn to the Service Wide Vote‎. The budget was submitted to the National Assembly last year by President Buhari in an event that generated so much acrimony on both sides of the politicial divide. The national budget was consequently raised from N8.906tn to N8.916‎tn. Details later…

Read More

AHMED SPEAKS ON DIVERSION OF ALLOCATIONS FOR KWARA STATE UNIVERSITY

Kwara State Governor, Abdulfatah Ahmed, yesterday, refuted allegations that he is mounting pressures on the Vice Chancellor of Kwara State University (KWASU), Prof. AbdulRasheed Na’Allah to falsely admit that the institution had been receiving subventions from government since 2015. In a statement signed by his Senior Special Assistant on Media and Communications, Dr. Muyideen Akorede, Ahmed also described as untrue the allegations that his administration diverted KWASU’s subventions, challenging those behind the publication to provide evidence to support their claims. According to him, KWASU bank records and budget figures are…

Read More

LAWMAKERS SET TO PASS BUDGET FRIDAY AFTER RECORD-BREAKING DELAY

All things being equal, the Lagos State 2019 Appropriation Bill is expected to be passed on Friday, April 26, by the state House of Assembly. If eventually passed into law on Friday, the 2019 budget would be the longest Appropriation Bill to be passed by the state legislature in the last 10 years. The Bill spent 124 days with the state legislature before it would eventually be passed, on Friday. The state governor, Mr. Akinwunmi Ambode, had formally presented the 2019 budget to the state legislature on February 5 after…

Read More

SARAKI LAMBASTS TINUBU OVER ALLEGATION THAT HE PADDED THE BUDGET FOR FOUR YEARS AS SENATE PRESIDENT

Leke Baiyewu, Abuja President of the Senate, Bukola Saraki, has replied the National Leader of the All Progressives Congress, Asiwaju Bola Tinubu, challenging him to provide proof for Tinubu’s allegation that the National Assembly had padded the national budget for four years. Saraki said this in a statement signed by his Special Adviser on Media and Publicity, Mr. Yusuph Olaniyonu. The statement partly read, “Yesterday, Senator Bola Ahmed Tinubu released another of his now well expected quarterly vicious attack on the person of Dr. Abubakar Bukola Saraki, the President of…

Read More

SENATE ADJOURNS TILL APRIL 24 AFTER RECEIVING BUDGET FROM COMMITTEE

Bukola Saraki By Deji Elumoye in Abuja The Senate on Wednesday received the 2019 budget report from its Committee on Appropriation. The committee had last week been given up till this week to lay the budget before the upper legislative body. In line with the directive, the Chairman of the Appropriation Committee, Senator Danjuma Goje (Gombe Central), laid the budget report before the Senate at about 3.35pm. Senate President, Dr Bukola Saraki, thereafter adjourned plenary to Wednesday, April 24 to consider the report. Visit website

Read More