/Budget

Speech By The President Of The Senate On The Presentation Of The 2018 Appropriation Bill

2017-11-07T17:32:10+00:00 November 7th, 2017|Budget, Speeches & Remarks|

PROTOCOL. 1. Mr. President, on behalf of my colleagues, Distinguished Senators of the Federal Republic of Nigeria and Honourable Members of the House of Representatives, I welcome you and members of your Executive team to this joint session of the National Assembly. 2. What a delight it is to see you looking so well and [...]

Senate Seeks Adequate Financial Provision for NEDC in 2018 Budget

2017-11-02T11:27:39+00:00 November 1st, 2017|Budget, Economy|

The Senate on Wednesday urged the Federal Government to make adequate financial provision in the 2018 Budget for the take-off of the North East Development Commission (NEDC). The Senate also affirmed its commitment to the implementation of the North-East Development Commission (NEDC) Act following the assent of President Muhammadu Buhari on 26th October, 2017, to [...]

Senate Frowns At Non-submission Of Budgets By Govt Agencies

2017-05-25T09:46:10+00:00 May 16th, 2017|Budget|

The Senate has expressed concern over the failure of Government agencies to submit their 2017 budget proposal to the National Assembly in line with extant law. Deputy Senate Leader, Senator Bala Ibn Na'Allah who drew the attention of his colleagues to the abnormality during plenary on Tuesday, said it is wrong for agencies to spend [...]

Saraki: Public Hearing On The 2017 Budget Is to Increase Efficiency, Transparency

2017-02-13T15:44:49+00:00 February 13th, 2017|Budget|

Senate President, Dr. Abubakar Bukola Saraki, on Monday said that the purpose of a public hearing on the 2017 budget put together by the National Assembly is to "increase the efficiency of government and its responsiveness to citizens needs as well as improve overall transparency and accountability in governance." Saraki, according to a statement by [...]

Senate to Hold Public Hearing on 2017 Budget Monday

2017-02-11T21:16:16+00:00 February 10th, 2017|Budget|

The 8th Senate is will on Monday hold a first-of-its-kind public hearing on the 2017 Appropriation Bill submitted to the legislature by President Muhammadu Buhari. According to a statement by the Chairman, Senate Committee on Media and Public Affairs, Senator Aliyu Sabi Abdullahi, the Public Hearing is aimed at allowing stakeholders and members of the [...]

National​ Assembly Proposes July to December Budget Preparation Calendar

2016-12-15T13:57:12+00:00 November 7th, 2016|Budget|

The National Assembly has identified 15 key reform strategies, including the adoption of a budget calendar which will begin with the submission of the Medium Term Expenditure Framework (MTEF) by the second week in July and end with the President signing the Appropriation Bill into law by third week of December every year. The strategies [...]