2017 Budget: Nigeria Is In Big Trouble – Minister Of Power, Fashola

Minister of Power, Works and Housing, Babatunde Fashola has continued to trade words with members of the National Assembly over tampered 2017 Budget which recorded some added projects by Lawmakers. According to the Minister, Nigeria is in big trouble if lawmakers do not understand the difference between cash and budgets. Fashola had earlier complained that some provisions of the budget violate the nation’s constitution. The National Assembly however clapped back that the Minister was spreading

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Nigeria To Borrow N1.24trillion Via Treasury Bills. (CBN)

The Federal Government is making plans to borrow N1.24tn in the third quarter via the issuance of Treasury bills by the Central Bank of Nigeria (CBN). According to the debt calendar of the apex bank for the third quarter released on Friday, it would sell N1.24tn ($4.1bn) worth of treasury bills from June 15 to August 31, 2017. Nigeria Releases Details Of How Paris Club Refund Was Shared Among States. The CBN also aims at

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Osinbajo To Assent 2017 Budget As Presidency, NASS Settle Differences

The Presidency and leadership of the National Assembly have resolved all the grey areas thatprevented the Acting President Yemi Osinbajo from assenting to the Appropriation Bill passed into law by the legislature last month. The agreement comes after three days of stormy deliberations between the executive and legislature. Presidency Breaks Silence On Why 2017 Budget Has Not Been Assented To Speaking to Vanguard Newspaper, a top Presidency source on Thursday night said the major areas ofdisagreement had been resolved by the two sides,

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