billion naira

By Joe Effiong Uyo Despite the outcry generated by a sudden request for approval of an additional appropriation by Governor Udom Emmanuel, members of the Akwa Ibom Legislative Assembly during their Monday plenary collapsed to…

The Lagos House of Assembly approved the request of the State Governor, Mr. Babajide Sanwo-Olu, to approve the loan for the transition facility offered by the Federal Ministry of Finance, Budget and Planning National Road to…

The loan is to enable the state government to fund its 5% stake in a liquefied natural gas project, the governor said. The Delta State Assembly on Tuesday approved a request by Governor Ifeanyi Okowa for a 20 billion naira facility from…

The Sokoto State All Progressive Congress (APC) has accused the state governor and his political party of maladministration in the performance of his constitutional duties.The party also disapproved of the quest of Governor Aminu…

Posted November 8, 2021 The Sokoto State Chapter of the All Progressives Congress has sounded the alarm about the state's growing debt profile. The opposition party spoke against the backdrop of a recent request by the administration…

CRITICS continued to follow the federal government's controversial plan to spend $ 200 million, or more than 82 billion naira, on the purchase of mosquito nets and ancillary drugs to fight malaria in 13 of the 36 states of the federation.…

Posted October 26, 2021 The Sokoto State House of Assembly on Tuesday approved Governor Aminu Tambuwal's request to access two loan facilities worth N 28.7 billion for the state. Nigeria's news agency reports that the development…

Rivers State became the top subnational in the 2021 overall tax performance ranking.The rankings were included in the annual BudgIT State of States report released yesterday.BudgIT is a non-governmental organization (NGO) that focuses on…

By Ibrahim Shuaibu The Kano State House of Assembly has granted state governor Abdullahi Umar Ganduje an additional loan of N4 billion for an electricity project in the state. THISDAY has learned that the!-->!-->…

Posted September 16, 2021 The Kano State Assembly approved a request from the state governor, Abdullahi Ganduje, for a N4 billion naira loan facility for the completion of the Tiga and Challawa electrification projects. The House…

The Oyo State House of Assembly approved the sum of a 6 billion naira loan for the administration of Governor Seyi Makinde. Lawmakers on Tuesday approved the executive's plan to borrow an additional 6 billion naira loan after giving the…

Oyo The State House of Assembly yesterday approved a 6 billion naira credit facility for the administration headed by Governor Seyi Makinde to close the infrastructure gap and improve development even…

Akwa Ibom's House of Assembly approved Governor Udom Emmanuel's request for a N7 billion loan for agriculture and housing projects in the state. The governor, in two separate messages forwarded to the House…

House of Representatives Representatives increase supplementary budget by 86 billion naira, suspend loan application On Wednesday, the House of Representatives approved the federal government's supplementary appropriations…

On Wednesday, the House of Representatives approved the federal government's supplementary appropriations bill for 2021, raising the project's estimates from 895.84 billion naira to 982.73 billion naira. The House appropriations…

• Buhari obtains Senate approval for foreign loan application N2.3tr• The Senate approves the supplementary budget N982b, increases the proposal of…

The Nigerian Senate has approved a request for a loan of 6.1 billion dollars (2.3 trillion naira) from the federal government to finance the appropriations bill 2021. This was approved by the Senate on Wednesday after a report…

The Nigerian Senate on Wednesday approved a $ 6.1 billion loan request from President Muhammadu Buhari. The loan request of $ 6.1 billion, which is equivalent to about 2,343 billion naira, was approved…

The Debt Management Office (DMO) said President Muhammadu Buhari's request for a $ 6 billion (naira 2340 billion) loan is already in the 2021 budget. Tuesday, Buhari asked the National Assembly to approve the request. Buhari…

The Senate on Tuesday approved $ 1.5 billion and 995 million euros (about 1,000 billion naira at official exchange rates) in the president's foreign loan requests. This approval followed consideration of…

Imo State House of Assembly has come under attack for approving Governor Hope Uzodimma's request to borrow 7.5 billion naira to purchase vehicles for civil servants as well as to improve…

Zulum engages 28 Borno communities for food security Adamawa State House of Assembly (ADHA) approved a 17 billion naira loan facility requested by Governor Ahmadu Fintiri for the execution of certain…

The Nigerian Senate Senate approves Buhari's 850 billion naira loan request Without a dissenting voice, the Senate on Tuesday gave its fast-track approval to President Muhammadu Buhari's request to take out a new 850 billion…

Godwin Tsa, Abuja A coalition of political parties acting through the Action People's Party (APP) approached the Federal High Court in Abuja to stop the proposed loan of $ 22.7 billion. The trial marked…