Home » Budget Proposal

Budget Proposal

Akwa Ibom wins CIRDDOC 2020 best budget transparency award

In a move that gives credence and endorsement of the commitment of the Udom Emmanuel led administration in ensuring openness, transparency and accountability in budgeting and governance, the Akwa Ibom State Government has been ranked one of the best performing states in the 2020 sub-National Budget Transparency Survey. The survey which was conducted by the Civil Resource Development and Documentation Centre (CIRDDOC) to ascertain the level of budget performance by states of the federation revealed that Akwa Ibom and four other states topped the budget performance index for the year, 2020. The Nigerian States Budget Transparency Survey Report also revealed that Akwa Ibom and some other Nigerian States have significantly improved budget transparency and participation, and has improved the ro...

Ogun governor presents N339 billion 2021 budget proposal

Gov. Dapo Abiodun of Ogun, on Wednesday, presented a budget proposal of N339 billion for the 2021 fiscal year to the state House of Assembly, with N177 billion earmarked for capital expenditure. Newsmen report that the budget, christened “Budget of Recovery and Sustainability,” also has N162 billion proposed for recurrent expenditure. The governor said that an estimated N119 billion was projected as internally-generated revenue for the state, with statutory allocation expected to be N59 billion. He stated that capital receipt, which included internal and external loans as well as grants and aids, stood at N142 billion. The governor stated that personnel cost remained the largest single item of expenditure, adding as at Oct. 31, it accounted for 35.5 percent of the total government spending...

2023: Kogi lawmakers endorse Yahaya Bello for the presidency

Less than one year into his constitutional four-year second tenure mandate as Governor of Kogi State, members of the Kogi State House of Assembly have called on Yahaya Bello to seek a higher office. The 25-member house made the unanimous call at plenary on Wednesday, 2 December, in Lokoja. Bello had on Tuesday presented a budget proposal of N130.5bn for 2021 to the lawmakers. The document was expected to gain attention of the lawmakers when they reconvened Wednesday. They however chose to delve into the uncertain waters of 2023 Presidential politics, asking the governor to throw his hat into the ring. The House in its plenary described Bello as fit for the office in view of his outstanding performances as Governor and in view of the fact that the North Central Zone has also not had the opp...

Nigerian government clarifies position on social media regulation

File Photo The Federal Government says it has no intention of shutting down social media. It said its plan is to regulate social media to be responsible and refrain from being purveyor of fake news and hate speech. The Minister of Imformation and Culture, Alhaji Lai Mohammed, made the clarification on Saturday in Lagos when he inspected the headquarters of The Nation newspaper and TV Continental (TVC) that were attacked during the #EndSARS protest. Newsmen report the minister was accompanied on the inspection by heads of parastatal agencies in his ministry. Speaking at the premises of The Nation, the minister said the Muhammadu Buhari administration has high regards for freedom of the press. He said his recent call for the regulation of the excesses of the social media should not be miscon...