Governor Babajide Sanwo-Olu on Tuesday laid before the Lagos State House of Assembly a N4.237 trillion Appropriation Bill for the 2026 fiscal year, describing it as an ambitious, future-driven financial plan aimed at solidifying...
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1 Minute
MTEF: Senate Sets Deadline for Executive’s Budget Report
The Nigerian Senate has given the executive a two-week deadline to submit a holistic, documented progress report on the implementation of the 2024 budget, as well as projections for the 2025 budget, before it...
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1 Minute
Nigeria Budget for 2025 Approved
News Update THE House of Representatives has approved the N54.99 trillion budget for the 2025 fiscal year. The budget includes N3.645 trillion for statutory transfers, N14.317 trillion for debt servicing, N13.64 trillion for recurrent...
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4 Minutes
Governor Adeleke Appoints Two New Monarchs
… Presents N390b 2025 budget (Breakdown) Governor Ademola Adeleke has described his administration as an agent of development that has positively touched all sectors of Osun society within just two years in Office. He...
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1 Minute
Budget: Tinubu’s Govt to borrow N2.5trn Through Bond
VAM News Update The Nigerian Federal Government plans to raise N2.5 trillion in its second FGN bonds auction. In a circular issued on Wednesday, the Debt Management Office stated that the offerings consisted of...
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1 Minute
After public outcry, Lawmakers scrap N5b Presidential yacht from Budget
VAM News Update THE House of Representatives has scrapped the N5 billion budgeted for the purchase of a Presidential yacht. Speaking to newsmen after the passage of the Supplementary budget today, November 2, Chairman...
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1 Minute
FG proposes N5k health care budget for each Nigerian
The Nigerian government has allocated N1.09 trillion to the ministry of health for 2023 out of the N20. 51 trillion budget plan proposed by President Muhammdu Buhari. This is the highest allocation in Nigeria’s...
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1 Minute
2022: Buhari raises budget proposal to N16.4trn, seeks approval of revised MTEF
President Muhammadu Buhari has raised the 2022 appropriation bill by N2.47 trillion, bringing the total for the fiscal year to N16.45 trillion. In July, the federal executive council (FEC) had approved N13.98 trillion for...
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2 Minutes
Governor Seyi Makinde Presents N294bn Budget To Oyo Assembly
Governor Seyi Makinde of Oyo State has presented a budget of N294 billion to the state House of Assembly. Makinde made the budget presentation before the lawmakers in Ibadan...
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4 Minutes
Crisis Rocks UNIABUJA As Bursar, Director Queried Over Budget Procedure
The campus environment of the University of Abuja (UNIABUJA), the federal capital territory, is embedded with fresh crisis as the institution’s governing council is currently at loggerheads with the management over budgetary matters. The...
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