Budget

1 Minute

National

Nigeria Budget for 2025 Approved

VAM News February 13, 2025

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...

4 Minutes

Local News

Governor Adeleke Appoints Two New Monarchs

VAM News November 13, 2024 0 Comment

… 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...

1 Minute

National

Budget: Tinubu’s Govt to borrow N2.5trn Through Bond

VAM News February 15, 2024 0 Comment

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...

1 Minute

National

After public outcry, Lawmakers scrap N5b Presidential yacht from Budget

VAM News November 2, 2023 0 Comment

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...

1 Minute

Health National

FG proposes N5k health care budget for each Nigerian

Agency1 October 21, 2022 0 Comment

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...

1 Minute

Local News

2022: Buhari raises budget proposal to N16.4trn, seeks approval of revised MTEF

VAM News October 5, 2021 0 Comment

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...

2 Minutes

Local News

Governor Seyi Makinde Presents N294bn Budget To Oyo Assembly

VAM News September 29, 2021 0 Comment

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...

4 Minutes

Education

Crisis Rocks UNIABUJA As Bursar, Director Queried Over Budget Procedure

VAM News September 18, 2021 0 Comment

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...