, making next year’s proposed budget the country’s highest ever.
The budget was prepared on the assumption of $57 per barrel with crude oil production of 2.18 million barrels per day and the exchange at N305 to $1. He said the timeline for budget defence by ministries, departments and agencies spelt out by the house was sacrosanct. “I am happy that N83 billion has been earned marked for agriculture, although we are far away from the Maputo Declaration.
Another lawmaker, Muhammadu Jega , said the VAT increase as stated by the president will be in favour of state and local governments.” “The oil benchmark is feasible with our recent history. I will like to point our attention to the steady GDP growth in the past quarter.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Latest News, Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Reps to pass 2020 budget 'first week of December' - Premium Times NigeriaThe House will debate on the general principles of the bill on Wednesday and Thursday
Source: PremiumTimesng - 🏆 3. / 78 Read more »
Reps suspends plenary, to meet MDAs over 2020 budget – Daily TrustThe House of Representatives has suspended plenary for some time to meet with Ministries, Departments and Agencies (MDAs) over the 2020 budget.
Source: Daily Trust - 🏆 13. / 51 Read more »
2020 budget: Lawmakers set timetable for budget defence, task MDAs
Source: MobilePunch - 🏆 8. / 63 Read more »
Budget of Sustaining Growth and Job Creation: Buhari's 2020 Budget SpeechPresident Buhari presented highlights of his budget proposals for the 2020 fiscal year to the National Assembly They have all the good names for budget that will never perform4. this is rape,raping the suffering masses of dere hard earned monies,it is budget of taxing d poor 2 enrich d political elite
Source: PremiumTimesng - 🏆 3. / 78 Read more »
2020 Budget: Defend Your Budget Estimates This October – Lawan Tells MDAs2020 Budget: Defend Your Budget Estimates This October – Lawan Tells MDAs
Source: channelstv - 🏆 7. / 63 Read more »
Full text of President Buhari’s 2020 budget speech - The Nation NewspaperI am delighted to present the 2020 Federal Budget Proposals to this Joint Session of the National Assembly, being my first budget presentation to..
Source: TheNationNews - 🏆 6. / 69 Read more »