On Thursday morning, the National Assembly complex was under heavy security as President Bola Ahmed Tinubu prepared to present the 2025 Appropriation Bill to a joint session of lawmakers. As of 8:00 a.m., senators and members of the House of Representatives were seen arriving at the Green Chamber, the session’s designated venue. Security within and … Read more
The Sokoto State House of Assembly on Tuesday passed the state’s 2025 Appropriation Bill of N526.9 billion. The bill was passed during the assembly’s plenary session after the Chairman, House Committee on Finance and Appropriation, Alhaji Abdullahi Zakari (APC-Rabah), presented the committee’s report. Recall that Gov. Ahmed Aliyu presented the 2025 budget estimate … Read more
The Osun State House of Assembly on Monday began scrutinising the 2025 budgets of the 30 local government areas in the State. Mr Adewale Egbedun, Speaker of Osun Assembly, declaring the exercise open, said that the action was to ensure that the local government councils were accountable for their expenditure. “Your (LGs) budgets must reflect … Read more
The Federal Executive Council (FEC) on Monday approved N34,820,000,000,000 budget proposals for 2025 with President Bola Tinubu ordering some amendments after its presentation to the Council by the Budget Office. Briefing State House correspondents after the FEC meeting at the Presidential Villa, Abuja, Sen. Abubakar Bagudu, Budget and Economic Planning Minister, said that … Read more
President Bola Tinubu has shifted presentation of the N47.9trillion 2025 budget to a joint session of the National Assembly (NASS) earlier scheduled for Tuesday, December 17, 2024. TheNewsGuru.com (TNG) reports the 2025 budget presentation by President Tinubu was shifted shifted to Wednesday, December 18, 2024 after Senate President Godswill Akpabio disclosed the earlier … Read more
The Federal Executive Council (FEC) has approved Nigeria’s 2025 budget proposal, setting a $75 per barrel oil benchmark and an exchange rate of ₦1,400 to $1. Henzodaily reports that this was disclosed on Monday by the Minister of Budget and Economic Planning, Atiku Bagudu, during a briefing with State House correspondents after the Council’s final … Read more
President Bola Tinubu will on Tuesday present the 2025 Appropriation Bill to the joint session of the National Assembly (NASS). This was disclosed by President of Senate, Godswill Akpabio, during the plenary on Thursday. Akpabio said the budget presentation would take place at the chamber of House of Representatives. Recall that on November … Read more
Jareth Tenebe, the Edo State All Progressive Congress (APC), has responded to those mocking Monday Okphebolo, the Edo State governor who was seen struggling to pronounce N605billion while presenting the 2025 Budget to the Edo State House of Assembly. TheNewsGuru.com(TNG) reports that the Edo State Governor, Monday Okpebholo, on Tuesday struggled to pronounce the figures … Read more
The Governor of Abia State, Alex Otti, has submitted a proposed budget of ₦750 billion for the 2025 fiscal year to the state House of Assembly for their review and approval. Of this total, ₦611.7 billion, which constitutes 82% of the budget, is allocated for capital expenditures, while ₦138.6 billion, or 18%, is designated for … Read more
The Senate says ministries, departments and agencies (MDAs) that fail to appear at its investigative hearing on revenue generation, remittance and expenditure of appropriated funds risk zero allocations in the 2025 fiscal year. Chairman, Senate Committee on Finance, Sen. Sani Musa, said this at the resumed hearing of the committee on remittance of … Read more