Browsing: 2020 budget

The approval for extension was at the heel of a request to the National Assembly by the Minister of Finance, Budget and National Planning, Zainab Ahmed, to that effect, which necessitated the speedy consideration and passage of the 2020 Appropriation Act (Amendment) Bill, 2020 introduced on the floor during plenary on Wednesday.

The Senate’s decision was sequel to the report of the Senate Committee on Finance, chaired by Senator Solomon Olamilekan Adeola, mandated to work on the revised MTEF/FSP documents by the Executive, which was presented on the floor.

The Kwara State Government on Friday held a stakeholders’ meeting with various civil society organisations on budget processes and implementation as part of the ongoing review of the 2020 appropriation law to cope with the global economic crisis.

The Ekiti State Government on Saturday announced a reduction in its 2020 Budget from N124.5 billion to N91.128 billion in accordance with the current economic realities due to the Coronavirus pandemic.

The Federal Executive Council, presided over by President Muhammadu Buhari, on Wednesday in Abuja approved the amendment of the Medium Term Expenditure Framework of 2020 to 2022 as well as amendment to the 2020 budget.

The Nigeria Football Federation has started the review of its budget for the year in line with the realities posed by the Coronavirus pandemic, which has grounded economic and sporting activities, including football, to a halt across the globe.

The Ekiti State Executive Council on Thursday approved a downward review of the state’s 2020 Budget in the face of dwindling revenue occasioned by the fall in global oil prices and the raging COVID-19 pandemic.

The State Commissioner for Science and Technology, Alhaji Bilyaminu Shinkafi, told newsmen on Thursday in Gusau that the fund would be used for total renovation and expansion of science and technical schools across the state.

The News Agency of Nigeria reports that the budget was increased from N130.66 billion to N130.82 billion by Gombe State House of Assembly, reflecting an increase of N160 million.

Performing the function at the Executive Council chambers, Government House,  Abakaliki on Friday, the Governor explained that the main focus of the Budget was on  Infrastructure, Education and Economic Empowerment.