Browsing: 2015 Budget

This decision was taken after the meeting of the Conference Committee on the 2015-2017 Medium Term Expenditure Framework

Some senators who spoke against Service Wide votes argued that the provision is a conduit pipe being used by the executive since the era of former President Olusegun Obasanjo to siphon money from the national purse

Senators, who were in the closed doors session, which lasted for about one and a half hours, accused the Minister of Finance, Dr. Ngozi Okonjo-Iweala, of deliberately proposing the “meagre” amount for capital expenditure

He said that while monitoring the recent uncertainties in the global economy of the country, it was noted that certain sectors in the economy were still growing in spite of the recent oil price shock

The Minister laid the 2015 budget document to both the House of Representatives and the Senate in separate appearances

Governor Adams Oshiomhole of Edo State has presented the State’s 2015 Budget estimates of N156.551 billion to the State House of Assembly for approval.