President Buhari had set up the Efficiency Unit to review all federal government's overhead expenditure to reduce wastage, promote efficiency and ensure quantifiable savings for the country.
"The inability of we the leaders to prioritise our expenditure and focus on the critical areas of national development, and national security, are the challenges weighing down on our nation today.
Giving a breakdown of the budget estimates, the President fixed recurrent non-debit expenditure at N9.92trn, capital expenditure at N8.73trn, debt service at N8.25trn, revenue at N18.32trn, new borrowings at N7.83trn and deficit at N9.18trn.
Osinbajo said: "I have said this repeatedly that in some sense, we are fortunate to have a leader like the President who, at least weknow, is straightforward and honest and committed to ensuri ng government expenditure is spent the way it should
However, Arsenal technical director, Edu, is focused from now until the end of the window to complete the two deals as Arteta's men need to sell the aforementioned six players to raise cash to offset their expenditure.
The senate also urged the federal, states and local governments to begin the implementation of a priority expenditure scheme that put the payment of teachers' salaries in the same range as security.
A letter to the local councils reads: "Distinguished HOLGAs, Your Excellency the Acting Governor of Ondo State had directed that all spending/ expenditure from local government account should be suspended, no signing of cheques, no change of
Meanwhile, the House stepped down a bill seeking to amend the FRA to allow for public participation in the formation of the Medium Term Expenditure Framework. The MTEF lays out the government's spending plan for the next three years.
Senator Agom lamented that a budget for capital expenditure for Ministry of Petroleum Resources was "grossly inadequate" to meet the policy direction of the government for transition from fossil fuels to use for compressed natural gas to ameliorate
Adeleke who also spoke at a meeting held with members of the State Executive Council which deliberated on 2024 budget proposals from the ministries, departments, and agencies as a prelude to the submission of the Medium Term Expenditure Framework
He underscored that no form of intimidation, covert operations, futile lobbying, or the unnecessary expenditure of public resources would alter the established stance of the party on this issue.
The Argentine produced his most prolific ever season under the chain-smoking Italian coach, earning a move to Juve, but he is likely to be a casualty of the club's mammoth expenditure on Cristiano Ronaldo.
Speaking during a panel session at the ongoing Nigeria Economic Summit, he said: "In addition, from the supply of foreign exchange through NNPC, increased production, reduced expenditure, from transactions such as forward sales, from our discussions