2021 budget

SERAP asks NASS to stop Buhari from Selling Government Properties.

32

2021 Budget: SERAP Asks NASS To Stop President Muhammadu Buhari From Selling Government Properties.

Etha Ugoh January 18, 2021

The Socio-Economic Rights and Accountability Project (SERAP) has urged the National Assembly to stop President Muhammadu Buhari from selling government properties to fund the 2021 budget. SERAP deputy director, Kolawole Oluwadare in a statement issued on Sunday appealed to the Senate President, Ahmad Lawan, and the Speaker of House of […]

34

Economy

FG Expends 89% Of Revenue On Debt Servicing In 11 Months

Oluwaseye Ogunsanya January 13, 2021

A total of N3.10 trillion was spent by the Federal Government on debt servicing for the 11 months (January- November) 2020. This is out of its N3.48 trillion retained revenue for the same period. It puts Nigeria’s debt-to-revenue ratio — A key measure of debt sustainability, at 89 per cent […]

25

News

NASS Will Ensure Judicious Use Of Loans – Lawan

Oluwaseye Ogunsanya December 31, 2020

The Senate President, Ahmad Lawan has said that the National Assembly would ensure the judicious use of loans. He made this disclosure on Thursday at the State House in Abuja when he was asked about the Federal Government’s use of over ₦3 trillion from the 2021 budget to service debts […]

35

Breaking News

BREAKING: Buhari signs 2021 N13.58trn budget into law

Oluwaseye Ogunsanya December 31, 2020

President Muhammadu Buhari has signed the 2021 appropriation bill of N13.588 trillion into law. Buhari had on October 8, presented the initial 2021 budget proposal of N13.082 billion to a joint sitting of the national assembly. The national assembly raised the total sum of the budget by N508 billion.

37

News

Buhari To Sign 2021 Budget Into Law Today

Oluwaseye Ogunsanya December 31, 2020

President Muhammadu Buhari will on Thursday sign the 2021 budget into law at the Council Chambers of the State House in Abuja. The scheduled time for the signing was 11 am. This is coming ten days after both chambers of the National Assembly passed the N13.5trn budget and three days […]

31

News

Senate passes N13.5trn 2021 budget

Oluwaseye Ogunsanya December 21, 2020

The Senate has passed the 2021 budget totalling N13.5trn. This was done at a special plenary on Monday. The fiscal document is predicated on oil benchmark $40 per barrel, N3.324trn for debt servicing, N4.1trn for capital expenditure, N5.6 trillion for recurrent, N496 bn for statutory transfer. It has an increment […]

23

Business

Senate approves 2021-2023 MTEF/FSP, pegs oil benchmark at $40

Oluwaseye Ogunsanya December 18, 2020

The Senate on Thursday, approved the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper pegging oil benchmark at $40 and exchange rate at N379 per dollar. The MTEF/FSP is the fiscal document upon which the 2021 Appropriation Bill would be predicated upon. The approval of the document was sequel […]

2021 Budget: SERAP Asks NASS To Stop President Muhammadu Buhari From Selling Government Properties.

FG Expends 89% Of Revenue On Debt Servicing In 11 Months

NASS Will Ensure Judicious Use Of Loans – Lawan

BREAKING: Buhari signs 2021 N13.58trn budget into law

Buhari To Sign 2021 Budget Into Law Today

Senate passes N13.5trn 2021 budget

Senate approves 2021-2023 MTEF/FSP, pegs oil benchmark at $40

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