2020 Budget

How FG ‘ll fund 2020 budget, achieve15 percent revenue-GDP ratio–Finance minister

Zainab Ahmed, the minister of finance, budget and national planning, said the federal government has no revenue worries any more…

By Businessam Staff
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N4.563trn budget deficit pushes Nigeria closer to recession

By Omobayo Azeez The Nigerian economy is fast showing signs of  shrinking and plunging into recession as deficit for financing…

FEC trims 2020 budget by N71bn to N10.523tn

Slashes oil price benchmark to $25 per barrel Targets 1.94mbpd crude production The federal executive council (FEC) wednesday approved the…

OPS backs proposed $20 oil price benchmark in 2020 budget

Members of the organised private sector (OPS) and some analysts have hailed the plan by the federal government to further…

2020 budget cuts affect National Assembly, federal jobs, capital expenditure

As Nigeria faces a fiscal crisis caused by COVID-19 pandemic and the measures to contain it, the Buhari administration has…

FG slashes budget by N1.5tn, reduces benchmark to $30

The federal government on Wednesday announced a slash in the 2020 budget by N1.5tn as part of measures to respond…

FG to begin implementation of 2020 budget on Jan 1

The federal government Thursday signified its intention to start the implementation of the 2020 Budget, which President Muhammadu Buhari signed…

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