Posts Tagged ‘2019 Budget’

Buhari admits 2019 budget failure, More items made VAT exempt

by Ikokwu Ikembaon October 9, 2019
President Buhari has presented his proposal for Nigeria’s 2020 budget to a joint session of the National Assembly in Abuja, and blamed the poor performance of the 2019 budget on the underperformance of oil and non-oil sources and dwindling revenue from VAT. Buhari added that the projected revenue fell short of the actual receipts. “The […]

Nigeria: Buhari Signs 2019 Budget Into Law

by Breaking Timeson May 27, 2019
President Muhammadu Buhari on Monday signed the 2019 Appropriation bill of N8.92 trillion (Budget) into law. The ceremony took place at the President’s office around 11am. The national assembly had passed the budget into law after increasing the budget size from its initial N8.83 trillion. Buhari signed the budget on Monday, less than 48 hours […]

@bukolasaraki led Senate Passes 2019 Budget

by Ikokwu Ikembaon May 1, 2019
Nigeria’s Senate Tuesday passed a sum of N8.916 trillion as the budget for the 2019 fiscal year as against the N8.83 trillion proposed by President Muhammadu Buhari. The new budget figure was passed after Danjuma Goje, chairman senate committee on appropriations, presented a report on the floor of the upper legislative chamber on Tuesday. “I […]