Business Metro Planning Top Story

It’s a green ‘budget of consolidation’ as Sanwo-Olu proposes a spending bill of N1.4trn

Reading Time: 4 minutes Perhaps in going with the momentum of COP26, Lagos State intends to spend 10 per cent of its earmarked N1.38 trillion in 2022 on green investment in the environment, social protection, housing and community amenities. In the main, Lagos State has earmarked a huge capital expenditure of N823billion representing almost 60 per cent of the Read More…

Metro Planning Top Story

Lagos and Kano seek one per cent revenue allocation for megacity status

Reading Time: 2 minutes Image Credits: Lagospedia, LASG. Lagos and Kano States are collaborating to get an extra one per cent of revenue allocation for their megacity status. This was revealed by the Kano State Governor, Abdullahi Danguje, in a statement issued on Tuesday by his Chief Press Secretary, Abba Anwar. In the statement, Gov Ganduje said that Lagos Read More…

Business Economy Metro Planning Top Story

Lagos targets N60.31bn monthly Internally Generated Revenue

Reading Time: 2 minutes Image Credits: NAN. The Lagos State Government has indicated a monthly target of N60.318 billion Internally Generated Revenue (IGR) to fund the 2021 budget. Speaking during a media briefing on the Analysis of the Year 2021 Budget at Alausa, Ikeja, the Commissioner for Economic Planning and Budget, Mr Sam Egube, said that the budget size Read More…

Planning Policy Top Story

2020 revised budget: Buhari challenges MDAs on capital project delivery

Reading Time: 3 minutes President Muhammadu Buhari has challenged Ministries, Departments and Agencies to intensify capital project delivery efforts and fully cooperate with the Ministry of Finance, Budget and National Planning to achieve the laudable objectives of the revised 2020 Budget. The president gave the challenge while signing the revised 2020 appropriation bill into law at the Presidential Villa, Read More…

Planning Policy Top Story

Buhari signs N10.8trn revised 2020 budget, directs release of 50% of capital expenditure

Reading Time: 2 minutes PICTURE ABOVE CREDIT: Phillip Obin President Muhammadu Buhari has signed into law the revised N10.8 trillion 2020 budget, and directed the release of at least 50 per cent of the approved 2020 revised capital expenditure to Ministries, Departments and Agencies (MDAs). The Federal Executive Council (FEC) had on May 13, approved a revised budget of Read More…

Featured Planning

Finance Minister consults NASS leadership on 2021-2023 MTEF/FSP

Reading Time: 3 minutes Minister of Finance, Budget $ National Planning, Zainab Ahmed on Thursday met with the leadership of the National Assembly on plans to submit the 2021 to 2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) later in July. The Minister, while briefing principal officers of the Senate and House of Representatives led by the Read More…

Featured Planning

Finance minister presents draft 2021 to 2023 MTEF to NEC

Reading Time: 2 minutes Hajia Zainab Ahmed, the Minister of Finance, Budget and National Planning, on Thursday presented the draft 2021 to 2023 Medium Term Expenditure Framework(MTEF) as well as the Fiscal Strategy Paper to the National Economic Council(NEC). Ahmed, who spoke with State House correspondents after the virtual NEC, said it was one of the main consultations that Read More…

Featured Planning

FG set to develop Agenda 2050, inaugurates Central Working Group

Reading Time: 2 minutes The Federal Government is set to develop the country’s”Agenda 2050 and a Medium-Term National Development Plan (MTNDP) 2021-2025 to coordinate sectoral approaches. The Minister of State, Federal Ministry of Finance, Budget and National Planning, Mr Clement Agba made this known while inaugurating a Central Working Group (CWG) for the programme on Wednesday in Abuja. This Read More…