Tag Archives: budget

2024 Budget: Ex-presidents, former VPs, others get N13.8bn upkeep allowance

2024 Budget: Ex-presidents, former VPs, others get N13.8bn upkeep allowance

A total of N13,805,814,220 has been earmarked for the upkeep of former presidents, vice presidents, heads of state, Chiefs of General Staff, retired heads of service, permanent secretaries, as well as retired heads of government agencies and parastatals in the 2024 fiscal year.   Former Nigerian leaders expected to benefit …

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Nigerians are not interested In the Arithmetics of FG’s Budget If price of bread and Rice don’t decrease ? Renowned economist, Rewane

Nigerians are not interested In the Arithmetics of FG

Renowned economist, Bismarck Rewane, has said that Nigerians are not interested in the budgetary if the prices of basic commodities like rice, bread, and garri don’t go down.   Rewane, the Managing Director of Financial Derivatives Company Limited, made this known on Thursday, November 30. At his maiden budget presentation …

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Tinubu?s 2024 budget deceitful, has no mechanism for economic recovery – PDP

Tinubu?s 2024 budget deceitful, has no mechanism for economic recovery - PDP

The Peoples Democratic Party has criticized the proposed N27.5 trillion budget for the 2024 fiscal year by President Bola Tinubu to the National Assembly, calling it deceitful, and saying it has no mechanism for economic recovery. President Tinubu, on Wednesday November 29, presented the ‘Budget of Renewed Hope’ before a …

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President Tinubu to present 2024 budget of N27.5 trillion on Wednesday, Nov. 29

President Tinubu to present 2024 budget of N27.5 trillion on Wednesday, Nov. 29

President Bola Tinubu will on Wednesday, November 29, present the 2024 budget to the National Assembly.    The Federal Executive Council earlier today November 27 approved the 2024 budget of N27.5 trillion.   This followed the review of the Medium-Term Expenditure Framework earlier passed by the National Assembly which benchmarked …

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President Tinubu writes House of Representatives, seeks approval of N2.1trn 2023 budget

President Tinubu writes House of Representatives, seeks approval of N2.1trn 2023 budget

President Bola Tinubu has written to the House of Representatives seeking the approval of the sum of N2,176,791,286,033 as 2023 supplementary budget to address labour wage adjustments, security and more.   The Federal Executive Council (FEC) approved the 2023 supplementary budget of N2.1 trillion. While speaking to State House correspondents …

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