₦airaland Forum

Every thing that will make this plan not to work we destroy

Is he the court of law to exonorate

Hmmm at poster I hail u.the topic says abia while the sign post in one of the picture says gudu,abuja... Abi we gudu abuja in abia state??

After six months delay, the Senate on Wednesday passed the 2018 budget of N9.120 trillion.

The appropriation bill, the largest in the nation’s history, is premised on key revenue assumptions of oil price benchmark of $51; crude oil production of 2.3 million barrels per day and exchange rate of N305/$1USD.

The 2018 proposal by President Muhammadu Buhari had projected an oil price benchmark at $45, crude oil production at 2.3mbpd and based on an exchange rate of N305 to $1.

This comes as it explained that the 6 percent increase of the budget estimates from N8.612 trillion to N9.120 trillion was done in consultation with the executive arm of government.

The Senate dissolved into Committee on Supply to do the clause-by-clause consideration of the budget.

Highlights of the proposal show are N530,421,368,624 for Statutory Transfer; N2,203,835,365,699 for Debt Service; N3,512,677,902,077 for Recurrent Expenditure, N2,873,400,351,825 for Capital Expenditure, Fiscal Deficit of N1,954,464,993,775 and 1.73 percent Deficit to GDP.

Earlier, Chairman, Senate Committee on Appropriations, Dajuma Goje, revealed that increase in the budget by N508 billion was done in consultation with the executive arm of government.

This, he said, was attributed to the increase in oil price benchmark. To this end, the lawmaker said the proposal was jerked up from $45 per barrel to $51 per barrel.

Consequently, the senator listed the critical sectors where the increase was applied to include: Reduction of deficit N50.88 billion; Security N46.72billion; Health N57.15billion; Power, Works and Housing N106.50billion; Education (particularly for the infrastructure for the 12 newly established Universities and meal subsidy in Unity schools) N15.70billion; Judiciary N10.00billion and Niger Delta Development Commission (NDDC) N44.20billion.

Analysts say while the 2018 budget can elevate Nigeria’s economy to new heights. They, however, expressed concern that with seven months to the end of the year and three months to the commencement of party primaries for the 2019 elections, the delay in implementation could negatively impact its performance.

Already, politics has taken centre stage and governance relegated to the back stage with the declaration of President Muhammadu Buhari to seek reelection for a second term.

Details later….


source:http://www.businessdayonline.com/senate-passes-2018-budget-approves-51-oil-price-benchmark/

The Senate has passed the 2018 Appropriation Bill following the consideration and adoption of the report by the joint National Assembly Committee on Appropriation.

The report was laid before the Senate on Tuesday, while the lawmakers considered and adopted it at an extended plenary on Wednesday.



The same version of the report was presented in the Senate and House of Representatives.

President Muhammadu Buhari had presented the budget of N8.612trn to the parliament for passage in November 2017; but the National Assembly raised the estimate to N9.12trn.


Source:http://punchng.com/breaking-finally-senate-passes-2018-budget/

If una like move to heaven USA will always have trust issues with you guys .good luck though

Election is close ...I have no more to say ..the people who will actually say more will be made known by my ogA at the top and they are coming

make una show me the tight security for the picture abeg

the size of the bag cant even contain the 745k in naira .. make i run leave this place abeg

only slay please wake me when it is ''kills''

congratulations sir... well deserved ...

I will never forget ayigbeni miss against Korea ...its forever green green in my memory...even if he scored he wouldn't have passed Segun odegbami anyway

Ngige abeg make una continue to deceive this man so he will be disgraced at the pools

Bafarawa don't worry ...we all know his reelection will be impossible not even difficult set...thank you still

And we have a commander in chief of an armed forces

From some of the pics this her anger and mouth no be today e start

The lord be praised ..I am with the people of Benue as they pass through this difficult time .by Gods grace it will pass

See this so called actress abi na tressac ...why didn't you address it immediately it was everywhere online

ernneyce:
Am I the only one who thinks that man resembles Davido

No just that many people have thought that making you that last ..

good one rt honourable please encourage your house members to do same and not politicians preaching youth should go back to the farm

Crush all the cows of Fulani's killing people

Tell them to be traveling round nigeria like this so they can eliminate all the bandits book haram and even the herdsmen. Great idea I think

Fire fire fire

If its true sooo bad. Na dem wan rule us. the center not holding the states tearing apart ...

Baba ur second term is for everybody and not for anybody in particular

Abeg we don't like this kind better economy that people are hungrier sef

Emjay1310:
Who is sallah among the 2 of them?? I am waiting to see my look alike o. Let me be famous, they will show up for sure

One is mo and the other is sallah

or to a churchill you mean @ tonto

Tablets are so much cheaper than a laptop

fulani hersdmen dont carrry AK47

this one still dey/ i thought the office of the vice-president is silent under buhari and only works when buhari is on medical vacation