•Shettima The governments of Nigeria’s 36 states and the Federal Capital Territory owe the federal government an outstanding liability of N1.72tn in budget support facilities. The figures were revealed in a presentation on state budget support facility by Office of the Accountant General of the Federation, at the 140th meeting of the National ...
•Tinubu and Ningi The Senate under the leadership of Senate President Godswill Akpabio today suspended Senator Abdul Ningi over allegations of N3.7trn padding of the 2024 Budget. Ningi, from Bauchi Central Senatorial District, was suspended for three months after a long stormy session in the red chamber, reports Channels TV. A member of the Ap...
The House of Representatives has called for a review of the 2024 budget projections owing to the free fall of the naira in the past few months. Rising from plenary session yesterday, the lawmakers adopted a motion on matter of public urgent importance titled, “Need to evaluate the implications of the current exchange rates on […]
•Governor Siminalayi Fubara The Federal High Court, Abuja today nullified the N800bn 2024 budget signed into law by the Rivers State governor, Simi Fubara. In December, the governor had presented an N800bn 2024 Appropriation Bill to a faction of the state House of Assembly, comprising four lawmakers, reports The PUNCH. Following the passage of...
•National Assembly Socio-Economic Rights and Accountability Project (SERAP) has urged the Senate President, Godswill Akpabio, and Speaker of the House of Representatives, Tajudeen Abbas, to reduce the National Assembly budget of N344.85 billion to reflect the current economic realities in the country and cut the cost of governance. SERAP urged...
The Nigerian MeteorologÂical Agency (NiMet) has budgeted N644.2 million on the cleaning, fumigation, purchase of computers and stationery for its offices across the country. This was contained in the 2024 budget recently approved by the National Assembly. The budget, which was obtained by our corresponÂdent, indicated that NiMet would spend N3...
•Fubara The crisis rocking Rivers State took a new twist yesterday as the lawmakers accused the state governor, Siminalayi Fubara, of not presenting the Medium-Term Expenditure Framework and the 2024 Appropriation Bill to the lawmakers. The Speaker of the Rivers State House of Assembly, Martin Amaewhule, stated this during the first plenary of...
•Tinubu President Bola Tinubu has signed the N28.7 trillion 2024 Budget into law. He assented to the 2024 Appropriation Bill at a brief ceremony at the Presidential Villa in Abuja today, reports Channels TV. Among those with the president while he signed were the President of the Senate, Senator Godswill Akpabio, and the Speaker of […]...
•Tinubu The Labour Party (LP) has said that the 2024 budget passed on Saturday by the the National Assembly failed to prioritise welfare and security of Nigerians but instead focused more on funding the luxury of the political elites. National Publicity Secretary of the LP, Obiora Ifoh, said this yesterday in a 2024 New Year […]
•National Assembly complex, Abuja The National Assembly, NASS, yesterday, passed the N28,777,404,073,861 2024 Appropriation Bill as the aggregate expenditure for the 2024 fiscal year. The fiscal plan increased by N1.2 trillion from the initial N27.5 trillion to N28,777 trillion. There was also an increase in the exchange rate from N750 to N800...
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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