Tag: Budget

  • Fashola: N157b Works budget insufficient to pay for completed roads

    Fashola: N157b Works budget insufficient to pay for completed roads

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    by

    Starnews NG
    in

    Works and Housing Minister Babatunde Fashola on Thursday painted a bleak picture of Nigerian roads. He told the House of Representatives Committee on Works that the N157 billion allocated to his ministry cannot offset outstanding debts. The minister said the amount of unpaid certificates for completed road projects was N306 billion, while N2.93 billion was…

  • President Buhari Signs 2019 Budget Of N8.91trillion

    President Buhari Signs 2019 Budget Of N8.91trillion

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    by

    Starnews NG
    in

    President Muhammadu Buhari has signed the 2019 Appropriation bill of N8.91 trillion into law few weeks after it was passed by the National Assembly. The budget consists of N4.65 trillion recurrent expenditure, N2.94 trillion capital expenditure, statutory transfer of N502.58 billion, N2.25 trillion for debt servicing. In his remarks after passing the budget, Senate President…