Why Nigeria can’t fund capital projects in 2017 budget – Finance Minister Adeosun
The minster also explains the reasons some government agencies have challenges paying salaries.
The minster also explains the reasons some government agencies have challenges paying salaries.
The suspended lawmaker said he would reveal more fraud in the 2015 budget.
The 2017 budget proposal was presented before a joint session of the National Assembly last December.
The budget was signed into law in May 2016.
The vice president says the bond is needed to fund 2016 budget deficit.
“The last time equipment were procured was sometime in 1996," the minister said.
The implementation of the 2016 Budget was hampered by low oil prices in the first quarter of 2016, and disruptions ...
The president wants to re-assign N180.8 billion to critical budget items.
Less than half of money approved for capital expenditure has been released.
“To date, budgeted personnel cost and debt service obligations have been fully met on schedule."
The president said there was no point allowing funds to lay idle in some agencies.
SERAP says the practice of constituency projects undermines the 1999 Constitution.
Mr. Udoma however admits that the government may adjust the budget if uncertainties persist.
The group threatens to expose mor graft in the internal budget of the House.
The House has remained under fire from Mr. Jibrin since July 21, a day after he was removed as chair ...
The house responds on behalf of Mr. Dogara who is accused of fraud.
Mr. Jibrin says the fraud totalled billions of naira.
“It has come to a point we should say, okay, let us leave oil aside. Let us face non-oil sources."
Mr. Udoma said his ministry was working at submitting the draft 2017 budget to the National Assembly by October this ...
Mr. Ogor is accused of trying to insert projects worth several billions of naira into the budget.
The House denies the allegation from Mr. Jibrin, who was dismissed on Wednesday.
The report says only Ghana recorded above 60 per cent score in healthcare budget information to its citizens
The estimates comprise N66.5 billion vote for recurrent expenditure and N84.1 billion for capital projects.
The presidential aide also opposed any federal creation of grazing reserves across Nigeria.
The party thanks Nigerians for their patience.
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