The House also concurred on the oil benchmark of $42.50 per barrel with a proposed daily production of 2.2 million barrels per day.
Consequently, the House had mandated its joint committees on Finance, Appropriation, National Planning and Economic Development, Legislative Budget and Research and Aids, Loans and Debt Management to further scrutinise the document
Browsing: 2017 budget
A look at the Notice Paper of the Senate also revealed that Senators will screen Magu on Thursday, the last day before proceeding on end of year holiday
According to Buhari, the Federal Government is determined to overcome the mountain of economic difficulties and return the nation to the path of prosperity
The commissioner disclosed this while receiving a 10-member delegation of the International Fund for Agricultural Development/Federal Government of Nigeria Supervision Mission to Anambra State
President Muhammadu Buhari is to present the 2017 Budget to the National Assembly on December 14, 2016. The date was…
Saraki gave the assurance while addressing State House correspondents after a closed-door meeting with President Muhammadu Buhari at the State House, Abuja
Buhari said this when he received in audience members of the Governance Support Group, led by Hon. Chukwuemeka Nwajiuba, at State House, Abuja on Friday
According to him: “Yesterday (Tuesday) you made reference to the fact that the President may be coming to the chambers to submit and read the 2017 budget on 1st of December (Next week Thursday)
The resolution followed a motion by Sani Fago, Badamusi Ayuba and Muhammed Kazaure which was unanimously adopted by members through a voice vote on the floor of the House on Wednesday
Akpabio pleaded to senators not to reject the document based on unrealistic projections of the proposal by the Presidency.
He said further, “We can see that we don’t have a perfect document in our hands but of course we are looking at assumptions and assumptions may not necessarily be correct. I want to suggest that we send it to the committee
Though he did not give the projected total expenditure for the government, Udo-Udoma talked about the revenue projection for the 2017-2019 MTEF.
He said: “A significant increase in non-oil revenue receipts is projected due to a gradually recovering domestic economy and government’s expected improvement in FIRS tax collection efforts