President Muhammadu Buhari and Vice President Yemi Osinbajo are to spend the sum of N3. 087 billion on travels within and outside the country this year. According to the details of the 2022 federal budget, which was signed into law by the president, on Friday, last week, the president plans to spend N2. 309 billion […]
The World Bank has said Nigeria may have one of the highest inflation rates globally in 2022, with increasing prices diminishing the welfare of Nigerian households. According to the World Bank, Nigeria is projected to have one of the highest inflation rates globally and the seventh highest among Sub-Saharan African countries in 2022 “In 2022, […]
President Muhammadu Buhari will not hamper the implementation of the 2022 budget despite the numerous changes made by the National Assembly. This is according to a statement issued by the Senior Special Assistant to the President, Garba Shehu, on Sunday. President Buhari had on Friday morning signed the budget into law and expressed strong reservations […]
Governor Nyesom Wike of Rivers State has faulted the signing of the 2022 budget of N17.127 trillion into law, saying Nigerians made a mistake choosing Muhammadu Buhari as president in 2015. According to Wike, Buhari had no business signing the budget when he was well aware that the bill was riddled with a plethora of […]
Nigeria Labour Congress, NLC, has insisted that workers and masses will not accept any further increase in the pump price of fuel in the name of subsidy removal, urging workers and the citizens to prepare for total war against fuel price hike. President of Nigeria Labour Congress, NLC, Ayuba Wabba, in a New Year message […]
Here is the full text of President Muhammadu Buhari after signing the 2022 budget and finance bill into law on Friday at the state house. PROTOCOLS I am delighted to sign into law today the 2022 appropriation bill as well as the enabling 2021 finance bill. I would like to thank the senate president, the […]
President Muhammadu Buhari on Friday signed the 2022 Appropriation Bill into law. It is entitled “Budget of economic growth and sustainability.” The budget, valued at N17.126 trillion, was transmitted to the President by the National Assembly on December 24. The President also signed the Finance Bill 2021, which he said was critical to the execution […]
President Muhammadu Buhari will sign the 2022 Appropriation Bill on Friday, the Presidency has confirmed. The Senior Special Assistant to the President on Media and Publicity, Mr Garba Shehu, confirmed this to Channels Television on Tuesday in Abuja. According to him, the 2022 budget has been transmitted by the National Assembly and the President will […]
The Minister of Transportation, Rotimi Amaechi, says the money left behind for Nigeria by former President Goodluck Jonathan at the point of his departure on May 29, 2015 was not enough to run the affairs of the country for three weeks. Amaechi, who is a former Chairman of the Nigerian Governors’ Forum, said this on […]
The federal executive council (FEC) has approved 16 projects presented by Abubakar Aliyu, minister of power. The FEC meeting was presided over by Vice-President Yemi Osinbajo at the state house on Thursday. Speaking with reporters at the end of the meeting, Aliyu said the cost of the new power projects is $65,606,420, €15,152,651 and N31,360,272,397. […]
