Fri Mar 4, 2016/Reuters By Camillus Eboh Nigeria may reduce the oil benchmark of $38 per barrel outlined in its 2016 budget if global crude prices continue to fall, the budget and planning minister said on Thursday. The drop in the oil price to around $30 a barrel, from over […]
Tag: Budget
President Buhari Names Tijani Mohammed Abdullahi New DG Budget, Appoints Akabueze SA National Planning
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-President Muhammadu Buhari on Monday named Tijjani Mohammed Abdullahi as the new director general (DG) (Budget), who replaces Yahaya Gusau, the current DG. This is coming on the heels of controversies surrounding the proposed 2016 budget for Nigeria which is presently before the national assembly. […]
Nigeria hopes to cut down on borrowing, graft due to better cash management: finance minister
Tue Feb 9, 2016/Reuters Nigeria’s decision to collect government payments in one bank account will help limit state borrowing, reduce payment delays and curb corruption, its finance minister said on Monday. Last year, President Muhammadu Buhari ordered the merger of state accounts into one “single treasury account” at the central […]
