Tag: budget

Buhari Approves NNPC’s Operational Budget for 2019

Posted by - March 6, 2019

President Muhammadu Buhari has approved the 2019 operational budget of the Nigerian National Petroleum Corporation (NNPC), the Group Managing Director of e state oil company, Dr. Maikanti Baru, disclosed Wednesday. Although Baru did not state how much the corporation’s budget for 2019 was worth, he however disclosed that Buhari was gracious to approve it early

Buhari’s appointee, Ben Akabueze confirms Nigeria is facing serious financial challenges

Posted by - December 19, 2018

Director-General of the Budget Office, Mr. Ben Akabueze, has said that the nation is facing financial challenges, with the Federal Government’s budgeted Independent Revenue performing at a mere 36 per cent, as of September. Addressing Chief Executive Officers of Government-Owned Enterprises, GOEs, in Abuja, yesterday, Akabueze blamed the challenges on the refusal of some Federal