Tag: 2020 Budget
National Assembly transmits 2022 budget to Buhari for assent
The National Assembly has transmitted the 2022 Appropriation Bill to the President, Major General Muhammadu Buhari (retd.), for assent.
The House of Representatives and the...
How VAT laws by states ‘ll boost revenue, by experts
The proposed administration of the Value Added Tax (VAT) by the states is an idea whose time has come.
This is the verdict of some...
We’re Targeting N5.9trn Revenue In 2021 – FIRS Chairman
Chairman, Federal Inland Revenue Service, FIRS, Mohammed Nami yesterday placed their revenue projection for 2021at N5.9 trillion.
Nami made the disclosure while meeting with the...
Nigeria’s debts may hit N60tr
NIGERIA’S debts may rise above N60 trillion by the end of first quarter following a move by the Federal Government to convert its N11.91...
Buhari To Sign 2021 Budget On Thursday
Barring any last minute change in plan, President Muhammadu Buhari will sign the 2021 Appropriation Bill into law on Thursday.
The National Assembly had last...
Fed Govt Borrows Over N2trn From Bond Investors In 2020
Leveraging on excess liquidity that persisted in the banking system and the near zero yields on treasury bills (TBs), the Federal Government, through the...
The year 2020: A year like no other, By Dakuku Peterside
The year 2020 was supposed to be a great year. It was another Leap Year – the famed Olympic Games year when thousands of...
Debt Servicing Hindering Nigeria’s Economic Growth Efforts – NECA
The Nigeria Employers’ Consultative Association has warned that the growth in Nigeria’s external debt was jeopardising the economic growth efforts of the Federal Government.
The...
Senate passes 2021 budget, wants Executive to submit supplementary budget
By Chibuike Nwabuko
Abuja (Sundiata Post) - Senate on Monday passed the N13.082trillion 2021 budget even as the red chamber uncovered a need for a...
2020 budget: N’Assembly won’t approve another extension request – Senate
By Chibuike Nwabuko
Abuja (Sundiata Post) - President of the Senate, Ahmad Lawan, has said that the National Assembly would not accede to another...
Senate extends capital implementation of 2020 budget till March next year
By Chibuike NwabukoAbuja (Sundiata Post) - The Senate has extended the implementation of capital projects captured in the 2020 budget till 31st March,...
NASS Kicks As NCC Raises Wage Bill By N12bn
The National Assembly (NASS) has queried the Nigerian Communications Commission over a sharp increase in its proposed wage bill between for 2021. The parliament...
Converted Land Of Abuja-based Engineer To ‘Retirement Benefit’
Some documents seen by SaharaReporters have shown that the Inspector-General of Police in Nigeria, Mohammed Adamu, and his Ghanaian wife, Aisha, have forcefully taken...
OPEC, Russia Deal Raises Hope For Crude Oil
A fresh hope for oil producing countries such as Nigeria, and Algeria was raised at the weekend as oil prices hit the highest level...
Income Tax Revenue Lags Behind Fed Govt Projections
Amidst various pressures on the Federal Government’s finances and 2020 budget’s revenue estimates, an indication has emerged that the government has already recorded a...
We are working to pass 2021 budget 2nd week in December...
....PIB, Electoral Act(Ammendment Bill) for passage in 2021
By Chibuike Nwabuko
Abuja (Sundiata Post) - President of the Senate, Ahmad Lawan said on Friday...
COVID-19: Rivers Misses Out As FG Disburses N66.5bn To States
The Federal Government on Wednesday announced the disbursement of N66.5bn ($175m) to 35 eligible states on the basis of the Amended COVID-19 Responsive 2020...
Budget Defence: NRC Generates N1.4bn IGR, Remites N245m to TSA in...
By Chibuike Nwabuko
Abuja (Sundiata Post) - Managing Director of Nigerian Railway Corporation (NRC) Engr. Fidets Okhiria, on Friday said that the Corporation's...
Minister Proposes $692mn Budget for Defence Equipment in 2021
The Minister of Defence, Maj Gen Bashir Salihi Magashi (rtd) has defended the Ministry of Defence 2021 budget proposal before the House...
Electronic voting likely from Anambra 2021 poll – INEC
Electronic voting may begin in Nigeria from Anambra gubernatorial poll in 2021, chairman of the Independent National Electoral Commission (INEC) Prof Mahmood Yakubu has...