"ASUU believes that if the leakages in the management of the country's resources are stopped, there will be more than enough to meet the nation's revenue and expenditure targets without borrowing and plunging the country into a debt crisis as
He argued that unless Nigeria cuts the cost of governance and strictly prioritizes expenditure on areas of growth and development, the country will not achieve any tangible and lasting development. Read his posts below...
President Muhammadu Buhari on Tuesday, sent the 2018-2020 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP) to the House of Representatives, with three months to the end of the financial year.
Budget and National Planning Senator Udo Udoma disclosed this in Abuja during a public dialogue with top government officials, members of Civil Societies Organisation, and the Organised Private Sector among others on the 2018-2020 Medium Term Expenditure
She claims that because they have become respected and important brands, they both attract hefty rates, therefore engaging them concurrently would require a significant expenditure from marketers.
Yesterday, Minister of Finance, Mrs Kemi Adeosun, disclosed that government was closing the 2017 budget with N1.5 trillion spent on capital expenditure.
Also, when we were working on the 2023 medium-term expenditure framework & the appropriation act, we made that provision to enable us exit fuel subsidy by June 2023.
Have a plan, A budget: A budget is itemized summary of intended expenditure usually coupled with expected revenue. An expenditure is an amount of money to be spent while a revenue is a source of income.
Furthermore, the Senate has initiated a probe into the acquisition and expenditure of the N30 trillion Ways and Means loans obtained by the administration of former President Muhammadu Buhari.
The Reds face the prospect of having to offload players by the end of the season to ensure their revenue matches expenditure. Nottingham Forest signed Awoniyi from Union Berlin in June 2022 for a then-club-record fee of 20 million euros
The President also sent the 2024-2026 Medium Term Expenditure Framework & Fiscal Strategy Paper to the House of Representatives for consideration and approval.
Further reports say the credit card of the club which allows the team to pay simple bills like gas for the team bus, daily maintenance and other minor expenditure, was frozen on Friday by banks in the UK.
Obi said in a statement; "The recent expenditure of N60 billion for the purchase of SUV vehicles for about 400 legislators is a continuation of the troubling trend in our nation today.
So my advice is that the primary health care system is what's super important and that with those finite resources, you have to prioritize expenditure.