Again El-Rufai Replies Dogara “Distraction Will Not Work” #Open NASS

Samuel Aruwan, Kaduna: The Kaduna State Government wishes to issue this update in relation to the gentle admonition that Mallam Nasir El-Rufai gave to the NASS leadership on the imperative of budget transparency. The House of Representatives has responded with predictable tetchiness to a simple and clear demand that details of the National Assembly budget…

BREAKING: Speaker Replies El-Rufai On Challenge To Open NASS

Turaki Hassan, Abuja: Nigerians may recall that the Rt. Hon. Speaker on Friday April 7, 2017 in response to calls by Kaduna State Governor Mallam Nasir El-Rufai disclosed that the leadership of the National Assembly had directed the bureaucracy and all other agencies under the National Assembly to make available details of their annual budgets…

NGO Tasks Nigerians On Budget Monitoring, Tracking

NGO On Budget An advocacy group, BudgIT, on Monday called on Nigerians to develop the habit of tracking projects meant for their communities as captured in the budget. Mrs Abiola Sosami, the BudgIT Tracka Team Lead, who made the call in Lagos urged communities to also collaborate with NGOs in budget monitoring. According to her,…

Buhari’s budget process, not oil price is responsible for recession – Utomi

An economist and a former presidential candidate, Pat Utomi has said that poor budget management process is responsible for the current economic recession in Nigeria and not the fall in oil prices. Utomi made the observation in Awka on Wednesday, April 5, 2017, while speaking at the maiden edition of Emmanual Egboga Budget Roundtable, organised……

Poor budgeting practices responsible for recession – Utomi

An economist, Prof. Pat Utomi, has said that poor budget management process is responsible for the current economic recession in Nigeria and not the fall in oil prices. Utomi made the observation in Awka on Wednesday while speaking at the maiden edition of Dr Emmanual Egboga Budget Roundtable, organised by the Nnamdi Azikiwe University Business……

60 percent of Kaduna LGCs budget for capital projects — Commissioner

The Kaduna State Government on Tuesday said 60 per cent of the 2017 budget for local councils in the state would go into capital projects. The State Commissioner, Local  Government Affairs,  Jafaru Sani, said the total budget size is N62 billion and had been forwarded to the state assembly for approval. The commissioner told newsmen in Kaduna that the budget……

FG extends tenure of 2016 capital budget to May

The Minister of Finance, Mrs Kemi Adeosun, on Thursday in Abuja said that the tenure of the capital elements of the 2016 Budget had been extended till May 5, 2017. In a statement, the Ministry’s Director of information, Mr Salisu Dambatta, explained that the extension would last till May or the passage of the 2017……

2016 Budget: Capital releases to MDAs hit N1tr

The Minister of Finance, Mrs Kemi Adeosun, said capital releases to Federal Ministries, Departments and Agencies (MDAs) for the 2016 budget had reached a record N1 trillion. In a statement by the Director of Information, Ministry of Finance, Mr Salisu Danbatta, on Sunday in Abuja, Adeosun attributed the record performance to stability in oil prices.……

2015 budget: FG disbursed only N362 bn for capital expenditure–FRC report

The Fiscal Responsibility Commission (FRC) said only N362.3 billion was actually disbursed out of the N557 billion that was earmarked for capital expenditure in the 2015 budget. The commission’s 2015 Annual Report and Audited Accounts, which was obtained by the News Agency of Nigeria (NAN) on Thursday in Abuja, indicated only 65 per cent performance……

Group says only 8 states make budgets transparent

An advocacy group, BudgIT, on Thursday said that only eight of the 36 states of the federation made their annual budgets transparent. The Head of Research in BudgIT, Mr Atiku Samuel, told the News Agency of Nigeria (NAN) in Lagos that only Lagos, Gombe, Bauchi, Ekiti and Kaduna ran transparent budgets. According to him, the……

Senate gives committees 1 week to submit 2017 budget reports

The Senate on Tuesday gave all standing committees one week to present and defend reports of the 2017 Budget of Ministries, Agencies and Departments(MDAs) under them before the Committee on Appropriation. The Deputy President of the Senate, Ike Ekweremadu, announced the deadline to the committees at plenary and urged them to abide by the ultimatum……