Nigeria Senate Okays 2016 Supplementary Budget
The Senate has approved an additional amount to assist in the payment of fuel subsidies to oil marketers.
Nigerian Senate
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Nigeria:
NASS Approves N575 Billion Supplementary Budget
Vanguard, 2 December 2015
Both chambers of the National Assembly, the Senate and the House of Representatives,yesterday, passed a total sum of N574,532,726,857 as supplementary budget for President… Read more »
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Nigeria:
Presidency Raises Extra Budget to N574 Billion
Guardian, 1 December 2015
To adequately provide for fuel subsidy, the Federal Government's 2015 supplementary budget proposal earlier submitted to the National Assembly may be increased from N465.69 billion… Read more »
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Nigeria:
Senate Passes N574,533 Billion As Extra Budget
Guardian, 2 December 2015
The Senate yesterday passed N574,532,726,857 billion as the 2015 supplementary budget. It is N108,895,800,000 billion higher than the N465,636,926,857 billion proposed by President… Read more »
InFocus
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The Economic and Financial Crimes Commission has recovered about N5 billion from persons and organisations indicted in the fuel subsidy scam. Read more »
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The Forum of Commissioners of Finance from the 36 states of the federation has asked the government for the removal of subsidies on petrol. Read more »