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All posts tagged "2013 budget"

  • President Jonathan signs 2013 budget

    The presidency has released a statement confirming that President Goodluck Jonathan has signed the 2013 Appropriation Bill into law. Read full statement below. Following consultations and an agreement between the Executive and the Legislature on the 2013...

    • Posted February 26, 2013
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  • I will not sign 2013 budget – Jonathan tells Reps

    President Goodluck Jonathan has told the leadership of the National Assembly that he will not sign the 2013 budget. The leadership of the Senate, that of House of Representatives and officials of Ministries, Departments and Agencies of...

    • Posted February 7, 2013
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  • Presidency threatens to return 2013 budget to National Assembly

    After many meetings between the National Assembly and the Presidency on the 2013 budget, there were indications Sunday that the Presidency might throw back the appropriation bill at the legislature. The Presidency is unhappy with the final...

    • Posted February 4, 2013
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  • $79 for Oil Benchmark Approved By National Assembly

    In its outlook for the 2013 budget year, the National Assembly has adopted the benchmark of $79 as the oil benchmark for the period 2013-2015 Medium Term Expenditure Framework (MTEF) and fiscal strategy paper. The House of...

    • Posted December 19, 2012
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  • 2.5mbpd is 2013 Production Target – Oil Minister

    In a bid to enhance its oil production capacity in the global energy market, Nigeria has set a new production target. The oil minister states that the country is set to step up its game from 2.4million...

    • Posted December 13, 2012
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  • Pro-Corruption Government?: FG Slashes N11.7 billion from EFCC’s 2013 Budget

      The Economic and Financial Crimes Commission (EFCC) might not be very effective in 2013 because the Federal Government has reduced its budget for 2013 by over N11.7 billion. This development was disclosed by the chairman of...

    • Posted December 4, 2012
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  • PPPRA Secretary Embarrassed by National Assembly, Walked Out of Session

    For not being able to give clear account and information on the amount that accrued from the sale of kerosene at 15 kobo per litre the Executive Secretary of the Petroleum Product Price Regulatory Authority (PPPRA) Mr. Reginald...

    • Posted November 29, 2012
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  • Reps Fault Envelope System for the 2013 Budget

    Members of the House of Representatives have damned the implementation of the ‘Envelope Template’ for budget preparation for Ministries, Departments, and Agencies (MDA) with no due consideration of individual peculiarity of the MDAs. This followed the condemnation...

    • Posted November 27, 2012
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  • President Jonathan Seeks MTEF Amendment for Additional $200 million Debt

    President Goodluck Jonathan has requested for the amendment of the $7.905 billion 2012-2014 Medium Term External Borrowing Plan. The president wrote to the National Assembly to that effect, saying the plan should include $200m. The letter was...

    • Posted November 21, 2012
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  • 2013 Budget: FG’s $7.9 billion Borrowing Plan comes under Fire

    With the Global trend of debt crisis from Greece, Spain, Italy, Japan and possible fears of a fiscal cliff in the United States of America over its high debt profile  the intention of the Federal Government  to make a...

    • Posted November 20, 2012
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