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Nigeria: Senate Passes 2021-2023 MTEF/FSP

Nigeria: Senate Passes 2021-2023 MTEF/FSP
allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.

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Senate passes 2021-23 MTEF/FSP, confirms HYPADEC nominees

The Senate, yesterday, passed the 2021-2023 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The passage followed consideration of the harmonised conference report of the joint committee of both chambers of the National Assembly.
Chairman, Senate Committee on Finance, Olamilekan Adeola, said the panel recommended crude oil production of 1.86bmpd at $40 per barrel, exchange rate of N379/$ as well as a Gross Domestic (GDP) growth rate of three per cent, inflation growth of 11.95 per cent and retention of Federal Government revenue at N7.99 trillion.
Besides, government’s expenditure was pegged at N13.58 trillion, fiscal deficit at N5.60 trillion, new borrowings got N4.28 trillion, statutory transfers have N484.4 billion, N3.12 trillion for debt servicing, sinking fund has N220 billion, pension, gratuities and retirees’ benefits account for N520.6 billion, just as expenditure totalled N13.58 trillion and N5.66 trillion goes for recurrent (non-debt ....

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Persons With Disabilities Invade NASS

A group of physically challenged persons from the Niger Delta region, yesterday invaded the National Assembly, protesting against what they described as neglect by their lawmakers.
The aggrieved protesters numbering over 50 forced their way into the National Assembly complex in spite of resistance by security officials at the gate.
During the confrontation, a NASS internal security officer was injured by the group when he attempted to disperse them.
The Deputy Chief Whip of the Senate, Sen. Aliyu Abdullahi, (APC Niger),who led other senators to meet with the group, appealed for calm, after listening to them, assuring that their grievances would be addressed. ....

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Senate Confirms Nominees For HYPADEC Governing Council

Senate Confirms Nominees For HYPADEC Governing Council
thetidenewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetidenewsonline.com Daily Mail and Mail on Sunday newspapers.

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Reps Move To Combat Climate Change

Reps Move To Combat Climate Change
thetidenewsonline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thetidenewsonline.com Daily Mail and Mail on Sunday newspapers.

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