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Nigeria:
Govt Plans Additional $2.8bn Foreign Loan to Finance 2018 Budget
This Day, 28 June 2018
The federal government plans to borrow $2.8 billion offshore to finance its 2018 budget and would explore all options to lower costs, the Director General, Debt Management Office… Read more »
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Nigeria:
Buhari Forced to Sign 2018 Budget - Presidential Aide
Premium Times, 28 June 2018
Kawu Samaila, a former member of the House of Representatives, is the Special Assistant to President Muhammadu Buhari on National Assembly matters (House of Representatives). In… Read more »
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Nigeria:
How Govt Plans to Fund 2018 Budget - Minister
Premium Times, 21 June 2018
The federal government on Thursday said the bulk of the funding for the 2018 Federal Budget would come from the expected increase in oil and gas revenue as well as other… Read more »
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Nigeria:
How We'll Fund N1.6tr Budget Deficit - Govt
Daily Trust, 22 June 2018
The Federal Government will borrow in excess of N1.643 trillion to fund the deficit in the N9.12 trillion 2018 budget, in addition to its debt burden of over N2 trillion. Read more »
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Nigeria:
Budget Padding Allegation - Senator Shehu Sani Raises Posers for Buhari
Premium Times, 22 June 2018
The Senator representing Kaduna Central, Shehu Sani, has tackled President Muhammadu Buhari for accusing federal lawmakers of budget padding while also proceeding to assent to the… Read more »
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Nigeria:
Crisis Brews in NASS Over Sharing of N578bn 'Padded Budget' Projects
Vanguard, 22 June 2018
The stunning revelation by the Presidency that the National Assembly inserted personal projects worth N578 billion into the 2018 budget has stirred a serious dissension among… Read more »
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Nigeria:
2018 Budget - Govt to Borrow N1.6tn to Fund Deficit
Guardian, 21 June 2018
The Minister of Budget and National Planning, Senator Udoma Udo Udoma, says the Federal Government will borrow N1.6 trillion to finance part of the N9.12 trillion 2018 budget. Read more »
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Nigeria:
National Assembly Under Fire Over Budget Alterations
Guardian, 22 June 2018
Some Nigerians have criticised the National Assembly for changes made to the 2018 budget, signed by President Muhammadu Buhari on Wednesday. Read more »
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Nigeria:
Don't Blame Buhari If 2018 Budget Is Not Fully Implemented - Senator
This Day, 21 June 2018
A member of the National Assembly, Senator Bukar Ibrahim, has said that President Muhammadu Buhari should not be blamed if the 2018 budget is not fully implemented. Read more »
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Nigeria:
'Low Oil Production, Price May Limit Implementation of 2018 Budget'
Guardian, 22 June 2018
Nigeria may be ensnared in another budget deficit as members of the Organization Petroleum Exporting Countries (OPEC) head for a crucial meeting to decide on output policy, which… Read more »
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Nigeria:
Budget Cut - National Assembly Committed Crimes Against Humanity - Group
This Day, 22 June 2018
The Socio-Economic Rights and Accountability Project (SERAP) has accused the National Assembly of "apparently engaging in crimes against humanity and Nigerians by unilaterally… Read more »
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Nigeria:
2018 Budget - South East Senators Express Shock Over Reported Cuts
Vanguard, 21 June 2018
The South East Senate Caucus has expressed shock over reported cut in the 2018 budget allocation for the Enugu Airport Terminal. Read more »
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Nigeria:
What Did You With 2016, 2017 Budgets - Fayose Asks Buhari
Vanguard, 21 June 2018
Ekiti State Governor, Mr. Ayodele Fayose has said that President Muhammadu Buhari should be ashamed that he signed 2018 budget in June instead of blaming the National Assembly for… Read more »