Tag: Fiscal Responsibility Act

The organisation expressed grave concern over what they described as constitutional breaches arising from the repeal and re-enactment of the ...

The Senate on Tuesday approved the 2025-2026 external borrowing plan of 21.5 billion dollars presented by President Bola Tinubu for ...

He said the bill proposed specific measures, draft laws, and policies on taxation aimed at improving the overall economic environment.

The senate leader said the N9.9 trillion recurrent expenditure is too high, constituting 43 per cent of the budget.

Godwin Emefiele, governor of Central Bank of Nigeria (CBN). ...the point must be made that this particular CBN Governor – ...

PDP presidential candidate, Atiku Abubakar, said that if elected, oil thieves would be prosecuted regardless of their status in the ...

The IMF says there has been no improvement in the nation’s budget deficits because of large energy subsidies, but also ...

In his government's final budget, Mr Buhari sets out a record N10.78 trillion deficit, more than N7.35 trillion in 2022 ...

The Fiscal Responsibility Commission blames the action of the MDAs on the defects in the Act establishing the Commission.

From ghost projects to unrepaid loans and duplication of recepits, judicial officers cheated the system.

The report was issued by the Nigeria Natural Resource Charter, NNRC.

The law provides for such verification on a quarterly basis.

The documents usually precede presentation of the budget estimates to the National Assembly.

The key assumptions of the 2018 budget were predicated on oil production of 2.3 million barrels per day.

The budget minister meets governors and national economic council.

The group also asked the Executive to seek judicial interpretation on some controversial matters.

“To achieve this, the 2018 budget needs to get to the National Assembly no later than early October.”

Some government agencies refused to obey the Act, a lawmaker said.

The report recommended that annual budget be presented in the first week of September.

The presidency says President Buhari will continue to show respect for the National Assembly.

The laws include the Fiscal Responsibility Act and the Finance (Control and Management) Act.

“A computation of the total amount SEC has not remitted to the Federal Government as operating surplus was put at ...

>The group asks the Nigerian Government to exchange the nation’s resource, such as crude oil, for military hardware