Nigerian Senate Lists Conditions for 2018 Budget
The Senate has insisted that the implementation of 2017 budget must reach fifty percent completion before it would be rolled over to 2018 budget. Finance Minister Kemi Adeosun had disclosed that 60 percent of the 2017 budget would be rolled over to 2018.
(file photo).
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Nigeria:
Senate to Buhari's Executive - We Reject Selective Implementation of 2017 Budget
Premium Times, 5 October 2017
The Nigerian Senate on Thursday said it would not allow the Executive arm to embark on the selective implementation of projects in the 2017 budget. Read more »
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Nigeria:
2018 Budget May Be Jerked to N10 Trillion - Senate
Vanguard, 5 October 2017
The Senate, Thursday said that by all indications and economic indicators available that the executive may not be able to implement more than 50 per cent of the 2017 budget, it… Read more »
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Nigeria:
Senate - No Pending Foreign Loan Request
This Day, 6 October 2017
Contrary to the impression created by the executive that the implementation of the capital component of the 2017 budget was being hampered by the National Assembly's delay in… Read more »
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Nigeria:
Why 2018 Budget May Exceed N10 Trillion, By Saraki
Guardian, 6 October 2017
Senate President Bukola Saraki yesterday declared that the inability of the Federal Government to implement over 50 per cent of the N7.4 trillion budget for 2017 would jerk the… Read more »
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Nigeria:
Nigeria's Oil Output, N7.44trn Budget Face New Threat
Vanguard, 6 October 2017
There are strong indications that Nigeria's oil output, and by extension the nation's N7.44 trillion 2017 may be facing new threat as attacks on oil facilities gradually return to… Read more »
InFocus
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The Minister of Finance, Kemi Adeosun, has disclosed government's intention to roll over at least 60 percent of 2017 capital projects to the 2018 fiscal year. Read more »