The minister spoke at a Public Consultative Forum on the draft 2020-2022 Medium Term Expenditure Framework/Fiscal Strategy Paper in Abuja
Browsing: Budget and National planning
Senator Udoma Udo Udoma, Minister of Budget and National Planning, says the nation’s 2019 budget has a funding gap of N102.83 billion.
The House of Representatives on Thursday stepped down debate on the 2019 Appropriation Bill due to failure of the Ministry of Budget and National Planning to submit a reconciled figure of the budget.
The Federal Government is liaising with the National Assembly on a date for the presentation of the 2019 budget estimates to the Legislature.
Minister of Budget and National Planning, Senator Udoma Udo Udoma, who briefed State House correspondents after the extraordinary FEC, said the proposals would be sent to the National Assembly.
The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has emphasised the need for the country to increase its revenue generation.
The Minister of Budget and National Planning, Senator Udoma Udo Udoma on Thursday, said that Nigerians might have to wait for another two years before seeing the impact of foreign investments in the country.
The Federal Government has welcomed the Sahel Initiative by the United Nations aimed at tackling development challenges of countries in the Sahel Region of Africa, noting that security challenges ravaging the region have taken much of the resources that would have been channeled to development programmes.
The Minister of Budget and National Planning, Senator Udo Udoma, has asked for 30 days extension from the Human and Environmental Development Agenda (HEDA Resource Centre) to furnish it with details of the projects allegedly inserted into the 2018 budget by the National Assembly.
At the meeting, the Minister, Senator Udoma Udo Udoma, explained that the workshop was designed for representatives of state governments to explain the essence of the labs set up as part of Government’s effort to ensure the full and effective implementation of the Economic Recovery and Growth Plan.
Udoma said this in a statement issued by his Special Adviser on Media, Akpandem James at the ongoing World Economic Forum in Davos, Switzerland on Thursday.
Udoma said this on Wednesday in Abuja while giving an overview of the 2018 Budget Proposal tagged: “Budget of Consolidation.”
The budget, tagged: “Budget of Consolidation,” which was presented to the joint session of the National Assembly by President Muhammadu Buhari on November 7, is expected to reinforce and build on recent accomplishments of the government.
Ahmed said this at the news conference at the end of the 23rd Nigerian Economic Summit (NES#23) on Thursday in Abuja.
The Minister of Budget and National Planning, Senator Udoma Udo Udoma, while briefing members of the Senate Committee on National Planning on the state of the economy, said the labs are intended to bring all the relevant stakeholders in the public and private sectors into weeks of intensive working sessions to brainstorm on practical steps to overcoming any identified challenges in the selected areas.
Abosede revealed in the statement that the Managing Director of the commission, Nsima Ekere, said this when the executive members of the Traditional Rulers of Oil Mineral Producing Communities of Nigeria visited the Commission’s headquarters in Port Harcourt on Tuesday.