2013 Budget Review: NASS Must Act Now!

By Abdullahi M. Seidu One topic that has generated so much discourse in the Nigerian public space for a long time is the 2013 budget. Right from the primordial planning stages, it has raised so much dust that even the average Nigerian who would ordinarily maintain an indifferent posture has eventually become an active participant. […]

Peace Mission House: Between the First Lady and the Lawmakers

By Pat Elo The Senate last week at its plenary session rejected the appropriation of the sum of N4 billion budgeted for the construction of the African First Ladies Peace Mission (AFLPM) permanent secretariat in Abuja. The law makers recommended that the funds earmarked for the secretariat should instead, be diverted to other developmental projects […]

Lamido Sanusi denies wrongdoing over £5bn missing funds

…Respected head of Nigeria’s central bank Lamido Sanusi called to appear before MPs but says he is ‘unaware’ of arrest warrant (Guardian.co.uk) The head of Nigeria’s central bank has denied any wrongdoing after he and 14 other officials were threatened with arrest warrants over £5bn missing from government funds. Lamido Sanusi, a highly respected banker, […]

Senate passes N161.6bn supplementary budget for fuel subsidy

PDF . . The Senate on Thursday passed the supplementary appropriation bill of N161.6 billion. The amount will serve as payment for fuel subsidy to oil marketers for 2012. President Goodluck Jonathan had on Tuesday sent a request to the National Assembly to approve an additional N161.6 billion to ensure steady supply of petroleum products […]

Okigwe South: Supreme Court Sacks Uwazurike

Thisday: The Supreme Court Friday sacked Hon. Chudi Uwazurike, who has been occupying the House of Representatives seat for Okigwe South federal constituency of Imo state. The apex court dismissed Uwazurike’s appeal which challenged the decisions of the lower courts that Hon. Austine Nwachukwu was the validly nominated candidate of the Peoples Democratic Party (PDP) […]

Reps Walk Out SEC Officials From Meeting

The House of Representatives Committee on Finance on Monday in Abuja walked out officials of the Securities and Exchange Commission ( SEC) from a meeting with revenue generating agencies of government. It will be recalled that the Senate and the House after investigating the near collapse of the Capital market, resolved not to have anything […]

Full text of President Jonathan’s 2013 Budget Speech

PROTOCOL 1. It is my pleasure and honour to present the 2013 Federal Budget Proposal before this esteemed Joint Session of the National Assembly. I am particularly delighted to present this Proposal to you earlier in the year, and soon after the commemoration of our national independence, to signal our commitment to evolving a new […]

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