Page 2 - Borrowing Plan News Today

The government is likely to stick to its borrowing plan for raising Rs 6.55 lakh through the sale of bonds in the market during the second half of the current financial year (October to March, 2024).

President Muhammadu Buhari on Tuesday in Abuja signed the 2023 Budget of N21.83 trillion and the 2022 Supplementary Appropriation Bill into law.

''I have also noted that the National Assembly introduced new projects into the 2023 budget proposal for which it has appropriated N770.72 billion. The National Assembly also increased the provisions made by Ministries, Departments and Agencies (MDAs) by N58.55 billion.''

The most recent news from Nigeria and across the world is available at The News Chronicle. The News Chronicle provides the most recent headlines, commentary, and political news.

The new bills which were laid in parliament yesterday were read for the first time after which they would be presented to the public...

Government is considering spending an additional Rs 2 lakh crores ($26 billion) in the current fiscal to cushion consumers from rising prices

Expresses concern over worrisome changes to 2022 budget by NASS To submit amendment bill early 2022   In keeping with

President Buhari Signs N17.127tr 2022 Budget Into Law, Directs MDAs to Commence Early Preparation of 2023 Transition Budget The 2022 Budget provides for aggregate expenditures of N17.127 trillion, an increase of N735.85 billion over the initial Executive Proposal for a total expenditure of N16.391 trillion ABUJA, Nigeria, December 31, 2021/ — Expresses Concern Over Worrisome […]

The lawmakers had approved a total expenditure of N17.1 trillion against the N16.3 trillion proposed by the president in October.

Download logo Expresses Concern Over Worrisome Changes to 2022 Budget by NASS; To Submit Amendment Bill Early 2022. In keeping with the tradition of restoring a predictable January to December fiscal year, as provided for in the Constitution of the Federal Republic of Nigeria, President Muhammadu Buhari Friday in Abuja signed into law the 2022 Appropriation […]