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Tag: Medium Term Expenditure Framework (MTEF)

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Senate To Reduce 6trn Proposed Import Waiver By 50%

The Senate will reduce the import duties waivers proposed for the N19.76trillion 2023 budget with attendant deficit of N12.4 trillion. The Chairman, Senate Committee on...
Business

Why Nigeria ranked 194 out of 196 in revenue generation by W’Bank — DMO

The Debt Management Office says Nigeria needs to earn higher revenue and manage its debt profile more efficiently. The Director-General, Patience Oniha made the declaration...
Headline

Nigeria To Spend N4trn On Fuel Subsidy As NASS Passes Additional N442.72bn

Despite initial plans by the Federal Government to remove energy subsidy over hike in national spending, Nigeria is going to spend about N 4trillion...
Business

Buhari To Present 2022 Budget Thursday As NASS Receives Revised MTEF

President Muhammadu Buhari is set to present the budget estimates for the 2022 fiscal year before a joint session of the National Assembly on...
Business

Senate Passes 2021-2023 MTEF/FSP, Pegs Oil Benchmark At $40

...Exchange Rate at N379 to $1; Inflation Rate --11.95% The Nigerian Senate on Thursday approved the 2021-2023 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy...

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