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Lagos, South Africa and New York
Friday, June 5, 2020

Lagos to spend N115bln on public infrastructure as Sanwo-Olu signs N1.168trn 2020 buget into law

...Promises Transparency, Over 90 Per Cent Implementation Performance Lagos State Governor, Mr. Babajide Sanwo-Olu, has signed the State’s N1.168 Trillion 2020 Budget into law. The Governor assented to the Appropriation Bill at a short ceremony held in Alausa on Tuesday, pledging that the State would be...

Ogun assembly passes 2020 budget

The Ogun State House of Assembly on Friday approved the state’s 2020 budget proposal of N449.9 billion largely retaining the budget presented by the executive. It, however, effected a slight increment of N2.1 billion for capital projects. While the capital component was increased from N269.1 billion...

Senate increases FCT budget by N45.48bn

The Senate on Friday passed the 2020 budget of the Federal Capital Territory (FCT) with an increase of N45.48 billion. The Senate President, Ahmad Lawan, called for the full implementation of the budget by the FCT authorities immediately it was passed. The passage of the budget...

Ishaku presents N213.6bn budget for 2020

By NAN Gov. Darius Ishaku of Taraba on Thursday presented a budget of N213.6billion for 2020 to the state House of Assembly for approval. During the presentation, Ishaku said the budget tagged “Budget of Accelerated Growth and Development”, was aimed at accelerating the development of the...

Adamawa assembly passes N183 bn budget for 2020

By NAN The Adamawa House of Assembly on Thursday passed the state’s N183 billion budget for 2020. This followed the adoption of the report of the House Committee on Finance, Budget and Appropriation presented by the chairman, Mrs Kate Mamuno (PDP-Demsa) at plenary. Mr Hammantukur Yettusiri, the...

Gov. Bello signs N176b 2020 Budget into Law

Gov. Yahaya Bello of Kogi on Wednesday signed N176 billion 2020 Budget of the State into law, tagged: ”Budget of Prosperity”, for capital and recurrent expenditures Bello commended the Assembly members for their patriotism and commitment to serve the people of the state after signing...

Senate Considers N232.8bn Budget for FCT

The Senate thursday considered a Bill to authorise a sum of N232.8 billion for the Federal Capital Territory Administration (FCTA) for the 2020 fiscal year. The consideration of the 2020 budget for the FCT came barely twenty-four hours after the upper chamber received a formal...

Senators seeks 20% of annual budget allocated to constituency projects

A bill that seeks to allocate a minimum of 20 per cent of Nigeria’s annual budget to constituency projects has passed the second reading at the Senate. The bill was passed on Wednesday after the lawmakers debated the provisions of the bill. It was first read...

Sokoto 2020 budget: Tambuwal allocates N122,829,552,208.08 for completion capital projects

Governor Aminu Tambuwal yesterday presented to the Sokoto State House of Assembly a budget proposal of N202,444,458,429 for consideration for the 2020 fiscal year. The figure surpassed the N170,802,771,486 budgeted for 2019. Tagged ‘Budget of Sustained Socio-economic Development and Inclusiveness’, the estimate allotted N122,829,552,208.08 for capital...

Oyo 2020 budget: Gov. Makinde to spend N100,142,690,046 on state’s infrastructure

Gov. Seyi Makinde of Oyo State on Wednesday presented a N208.8 billion Appropriation Bill for the 2020 fiscal year to the State House of Assembly. The News Agency of Nigeria (NAN) reports that the budget presented by Makinde was N77 billion lower than the N285.2...