Tag Archives: 2017 budget

According to Vanguard, the Federal Government will spend the sum of N2,278,074,420 on unspecified maintenance services, this year, going by some proposals in the N7.298 trillion 2017 Appropriation Bill currently being considered by the National Assembly. The figure is the summation of allocations to ‘’Other Maintenance Services’’ (OMS) by various ministries, departments and agencies of the Federal Government. With the ...

The Minister of Finance, Kemi Adeosun, yesterday, made it known that the Federal Government would put forward the sum of N6,866,335,052,740 as budget for 2017. According to The Guardian, the Minister told members of the Senate Committee on Finance, led by its chairman, John Owan Enoh (PDP, Cross River Central), that government would present the figure because it spends over ...

The Federal Government has proposed a budget of N6,866,335,052,740 for 2017.  The Guardian reports that the Presidency formally informed the National Assembly of the proposal yesterday, and also made it known that it would set up a $25 billion Infrastructural Development Fund as a means of attracting non-budgetary resources to fund its development projects. This information was contained in the 2017 ...