Tag: Revised 2020 budget

Buhari sends NERC Nominees,others to Senate for confirmation …seeks passage of revised 2020 budget for FCT

Emporium Reporters

The Senate on Tuesday received a request from President Muhammadu Buhari for the confirmation of Engr. Sanusi Garba as Executive Chairman of the Nigeria Electricity Regulatory Commission (NERC). Also to be confirmed are: Dr. Musiliu Olalekan Oseni as Vice Chairman; and Aisha Mahmud as Commissioner. The request was contained in a letter dated 15th October, 2020, and read on the floor during plenary by the Senate President, Ahmad Lawan. According to the President, the request was made pursuant to Sections 34 and 40(1) of the Electricity Power Sector Reform Act.…

Finance Minister meets NASS leadership on 2021-2023 MTEF/FSP • Says Buhari to sign revised 2020 budget Friday • President to present 2021 budget in September

Emporium Reporters

Nigeria’s Minister of Finance, Budget and National Planning, Dr. Zainab Shamsuna Ahmed on Thursday met with the leadership of the National Assembly on plans to submit the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) later this month. The Minister while briefing principal officers of the Senate and House of Representatives led by the Senate President, Ahmad Lawan, and the Speaker, Femi Gbajabiamila, disclosed that President Muhammadu Buhari had given directives for the Ministry to expedite action on next year’s budget estimates to enable him present the 2021…

Senate considers N10.51trn revised budget for 2020

Emporium Reporters

The Senate on Thursday reconvened to consider President Muhammadu Buhari’s request for approval of the revised 2020-2022 Medium Term Expenditure Framework/Fiscal Strategy Paper, and revised Appropriation Bill 2020. The bill to amend the 2020 Appropriation Act which scaled second reading on the floor was considered immediately after a letter to that effect from President Buhari was read during plenary by the Senate President, Ahmad Lawan. The revised 2020 Appropriation Act (Amendment) Bill as submitted by the Executive to the National Assembly for approval proposed an estimated N10.51 trillion budget for…