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2017 Budget

Buhari Unveils Plan For Economic Recovery, Urges States To Key In

President Buhari noted that the new Economic Recovery and Growth Plan, EGRP, focuses on agriculture in order to ensure adequate food security, as well as energy, industrialisation and social investment.

2017 Budget Not Padded – Akabueze

Following the controversies that trailed the 2016 budget, the Director-General, Budget Office of the Federation, Ben Akabueze, has assured that there is no padding in the 2017 Budget.

House Commences Public Hearing On 2017 Budget Monday

The House of Representatives will commence a public hearing into the 2017 budget from Monday, February 13 to Wednesday, February 15, 2017.
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2017 Budget: Group Wants N/Assembly To Delete Over 500 Items

BudgIT, a civic organisation, has forwarded a long list containing 590 items it considered “frivolous” in the 2017 budget proposal to the leadership of the National Assembly.

N/Assembly Committees To Embark On Rigorous Scrutiny Of 2017 Budget

The leadership of the National Assembly has issued a working document to chairmen of the various committees directing them to thoroughly examine all allocations in the 2017 budget presented by President Muhammadu Buhari.

2017 Budget: Buhari’s State House More Reckless Than Jonathan’s 

Some of these outrageous proposals were blamed on “budget padding” by either ministry officials or the National Assembly. And the presidency promised that this would not be repeated in subsequent budgets. Many people expected that the change promised by the administration would reflect in the 2017. But a close scrutiny of the 2017 budget proposal shows that no clean-up was carried out on the budget, especially that of State House Headquarters.
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2017 Budget: Senate Approves “Empty” MTEF/FSP

As the Senate gets ready to begin the consideration of the 2017 budget, the lawmakers on Wednesday approved the 2017-2019 Medium Term Expenditure Framework and the Fiscal Strategy Paper, MTEF/FSP, which was sent to the senate by President Muhammadu Buhari last year.

Kachikwu Reveals Plans For Petroleum Sector In 2017

Minister of State for Petroleum, Ibe Kachikwu, has revealed the ministry’s plans for Nigeria’s Petroleum sector in 2017, assuring that the Petroleum Industry Bill, PIB, will be passed into law and the nation’s refineries revamped.

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