•Nigerian Senate The lifespan of the capital vote component of the federal government’s 2024 budget is set for extension. Senate Leader Opeyemi Bamidele gave this hint yesterday, saying this is necessary to ensure full implementation, reports The Nation. Bamidele said: “We have to sit and assess the full implementation of the 2024 budget. “We ...
•Tinubu presents 2024 Appropriation Bill to National Assembly There is disquiet over the revelation that the federal government has implemented only 25 per cent of the capital expenditure in the 2024 budget. A report of the Presidential Economic Team led by the Minister of Finance and Coordinating Minister of the Economy, Mr Wale Edun, indicat...
•House of Representatives Following a request by President Bola Ahmed Tinubu to add N6.2 trillion to the 2024 budget, the House of Representatives has passed the amended budget, increasing it from N28.7 trillion to N35.5 trillion. President Bola Tinubu in his letter last week sought the National Assembly to add N6.2 trillion to the existing [&...
•Tinubu presents 2024 Appropriation Bill to NASS President Bola Tinubu, today, requested the Senate to amend the 2024 Appropriation Act and the 2023 Finance Act by increasing the budget by ₦6.2tn. Tinubu’s request is contained in a letter addressed to the President of the Senate, Godswill Akpabio, and read at plenary today. The president in [&...
•FEC meeting The Federal Executive Council (FEC) has mandated the Minister of Budget and Economic Planning to come up with an amendment bill to the 2024 Budget to be presented to the National Assembly for legislation. The planned amendment to the national budget, it was explained, became necessary as a result of new fiscal developments, [&hell...
•Crude oil With Nigeria’s oil production consistently failing to meet budget benchmarks and allotted OPEC quotas, the industry’s regulators and operators have come under severe pressure to fix the hostile operating environment that has seen both investors and international contractors move away from the country. Against the backdrop of the OPE...
•Martin Amaewhule and Governor Fubara The Rivers State House of Assembly led by Martin Amaewhule has issued a 7-day ultimatum to Governor Siminalayi Fubara to re-present the 2024 budget to the House. The order follows the first sitting of the pro-Wike House today after some months. The other House led by Victor Oko-Jumbo also held […]
•Tinubu and Ningi Chairman of the Northern Senators Forum (NSF), Senator Abdul Ningi (PDP-Bauchi Central) today, insisted that projects worth N3.7 trillion in the 2024 Appropriation Act are not traceable. This is even as he denied saying that President Bola Tinubu is operating two separate 2024 budgets. Ningi in an interview with the BBC Hausa...
The Frontier is Nigeria’s leading online newspaper. It is published by Okims Media Links Limited headed by Sunny Okim, a veteran journalist who is widely known as The Grandmaster, fondly called so by colleagues and friends for being Nigeria’s pioneer movie journalist.
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