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The House of Representatives, on Tuesday, passed the 2022 Appropriation Bill, raising the total estimates of the Federal Government’s budget from the proposed N16,391,023,917,692 to N17,126,873,917,692, an increase by N735,850,000,000. The lawmakers raised the oil benchmark from $57 per barrel to $62. They also increased the National Assembly’s budget by N5bn, from the proposed N134bn…
The budget has a deficit of N6.26 trillion, an amount representing 3.39 per cent of estimated GDP.
(AFRICAN EXAMINER) – The Senate on Tuesday, began debate on the 2022 Appropriation Bill. This followed the presentation of the lead debate on the general principles of the bill by the Senate Leader, Sen. Yahaya Abdullahi during plenary. The bill is titled “A Bill for an Act to authorise the issuance from the Consolidated Revenue […]
The former Finance Minister Hon. Seth E. Terkper in his evaluation of the recent midyear economic and financial report released by the Monetary Policy Committee(MPC) a couple of weeks ago has indicated that given the current trajectory vis-à-vis the key performance indicators, the economy is more likely to fall short…
The former Finance Minister Hon. Seth E. Terkper in his evaluation of the recent midyear economic and financial report released by the Monetary Policy Committee(MPC) a couple of weeks ago has indicated that given the current trajectory vis-à-vis the key performance indicators, the economy is more likely to fall short…