OpeOluwani Akintayo Lagos — Nigerian Senate on Tuesday increased the oil benchmark in the country’s 2020 national budget by $3…
Browsing: Medium Term Expenditure Framework
OpeOluwani Akintayo Lagos –The Group Managing Director, Nigerian National Petroleum Corporation, NNPC, Maikanti Baru has assured that the oil industry…
The measures that will be implemented through 2021, are aimed at improving transparency, service delivery, and re-establishing investor confidence, and hence, investment in the sector. It will also accelerate electricity access including off-grid public private partnerships as an important component of the PSRP.
Ike Amos 28 November 2017, Sweetcrude, Abuja — The Nigerian National Petroleum Corporation, NNPC, Monday, said the Federal Government’s 2.3…
The National Assembly is expected to pass the budget before the end of 2017 to enable the Executive to begin its implementation on January 1, 2018.
Oscarline Onwuemenyi 07 November 2017, Sweetcrude, Abuja – President Muhammadu Buhari on Tuesday formally presented about N8.612 trillion as the…
He said, “Hopefully, if we pass this MTEF/FSP, we will be in the position to comment on the consideration of the 2017 budget by next week. It is therefore important that we conclude the discussion on this subject and ensure that it is passed today.”
“In reality, the Naira should not be affected more than the N305,” she argued, explaining that this was so because the CBN had put in place measures to stimulate more supply of dollars to deal with its shortage in the market.”
The negotiation on behalf of the Federal Government of Nigeria which was led by Dr. Kachikwu resulted in a remarkable agreement by the IOCs who have agreed to be paid their accumulated arrears up to December 2015, payable over the period of about five years.
Udoma said a total of N10tn was being targeted by the Federal Government as revenue for the 2017 fiscal year.