2023 Budget

The Ogun State governor, Dapo Abiodun, has said that the 2023 budget is more important than the previous ones in the state. Abiodun said in the 2023 budget, the state requires a holistic constitution of the people’s needs and judicious…

The House of Representatives Committee on Foreign Affairs has resolved not to consider the 2023 budget of the Ministry of Foreign until it complies fully with the 2022 Appropriation Act. The committee chairman, Yakub Buba (APC-Adamawa),…

The Lagos State Governor, Babajide Sanwo-Olu, on Thursday presented N1.693 trillion 2023 Appropriation Bill to the House of Assembly. Of the proposed 2023 expenditure, N1.343 trillion would accrue from Internally Generated Revenues and…

Gregory Ibe, the chairman of the Private School Owners Association, has faulted the education budget in the 2023 national budget by President Muhammadu Buhari, accusing him of playing deaf. Mr Ibe acknowledged a considerable increase in…

The Federal Government has proposed to spend N4.5tn on interest charges for domestic debt by 2023, according to the proposed 2023 budget. This is an increase of 243.51 per cent from the N1.31tn proposed allocation for interest charges on…

Senate Chief Whip Orji Kalu said there was a need to focus government spending on the manufacturing sector as against the current practice where the largest chunk of the country’s appropriation goes into consumption. Earlier in the week,…

The 2023 Appropriation Bill on Wednesday scaled second reading in the Senate. This followed the presentation of the lead debate by the sponsor and Senate Leader, Ibrahim Gobir at plenary. Leading the debate on the general principles…

The budgetary allocation to the Presidential Air Fleet has risen by 121 per cent in eight years. Findings indicate that the President, Major General Muhammadu Buhari (retd.) has since 2016 allocated N81.80bn for the Presidential Air…

As the battle against insecurity continues, the Federal Government has earmarked N1.35tn to prosecute the ongoing anti-insurgency fight in the country. This was contained in the N20.51tn 2023 budget proposal presented to the National…

The Kaduna Social Protection Accountability Coalition (KADSPAC) has lauded the federal government’s commitment to expanding investment in the social protection, education, and health sectors to fast-tract national development.…