Page 34 - Appropriation Act News Today

The House of Representatives on Wednesday passed the N21.83 trillion 2023 fiscal year appropriation bill into law. The approved budget showed an increase of N1.32 trillion from the N20.51 trillion budget proposal earlier presented to the lawmakers by President Muhammadu Buhari. According to the budget, the sum of N967.5 billion was allocated for statutory transfers while N6.6 trillion was allocated for debt servicing. The sum allocated for debt servicing is significantly more than the N5.9 trill...

THE Senate, on Wednesday, approved the request by President Muhammadu Buhari for a N819.54 billion supplementary budget meant to fix infrastructure destroyed by floods across the country.

COALITION FOR DEMOCRATIC ACCOUNTABILITY AND INCLUSIVE GOVERNANCE (Citizens’ Coalition) PRESS STATEMENT FOR IMMEDIATE RELEASE Accra. December 24, 2022. Parliament Commended For Kicking Against Insensitive Planned Spending The Citizens’ Coalition welcomes the decision of Parliament to reallocate the GH¢80 million allocated for the construction of the National Cathedral to the Roads…

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Parliament on Thursday passed the Appropriation Bill, 2022, under a certificate of urgency giving Government the go ahead to spend GHS227.80 billion from the Consolidated Fund and other public funds for the 2023 fiscal year. The Appropriations Bill is the summation of all estimates of the Government’s planned expenditure for…

The Presidential Air Fleet has confirmed receiving N11.13billion to maintain the jets used by Presidential Muhammadu Buhari for 2022, which represents 98 per cent of the total fund approved in the budget. Amid the release, the fleet said the budgetary allocation was insufficient to fund the operations of the fleet, as some $45 million would be needed to maintain the aircraft. The fleet commander, AVM Abubakar Abdullahi, said this during a meeting with members of the House of Representatives Comm...

The Presidential Air Fleet (PAF) says its budgetary allocation in the past years is insufficient to fund the operations fleet.

The Presidential Air Fleet says cuts in its budgetary allocatiions have affected its ability to service its obligations.

The Presidential Air Fleet (PAF) has lamented the poor funding of its operations due to budget cuts. The Commandant of the PAF, Abubakar Abdulahi

Maintaining austerity is reckless and risks plunging the country into a worse social and economic crisis than the unrest of July 2021