Economy
Senate postpones MTEF/FSP debate over discrepancies
The Senate on Thursday announced the postponement of debate and consideration of the 2018-2020 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). Chairman, Senate Joint Committee on Finance, Appropriation and National Planning, Mr John Enoh, who made this known at plenary, attributed the action to “some discrepancies”.
The MTEF/FSP, which provides the parameters upon which the national budget is prepared, was slated for debate and consideration on Thursday by the lawmakers. According to Enoh, there are some matters that are contained in the report at the moment that we need to consult further with the Joint Committee in the House of Representatives. In his remarks, President of the Senate, Dr Bukola Saraki, directed the committee to ensure that the documents were presented on Wednesday.
-
News1 day agoNigeria panel says 37 detained miners died from overcrowding and neglect
-
Finance1 day agoUBA seeks jail term for WEMPCO directors, intensifies N61bn loan recovery drive
-
Oil and Gas1 day agoBayelsa suspends oil firm’s land acquisition over fatal community dispute
-
News1 day agoTop 20 Ecobank’s InnovateX finalists emerge for ₦20m prize money
-
Industry1 day agoMAN summit to tackle high energy costs for manufacturers
-
Oil and Gas1 day agoOil falls as Middle East talks outweigh concern over fresh strikes
-
News1 day agoTinubu seeks Senate’s approval to borrow additional $20.5bn, €1.05bn loans
-
News1 day agoZenith Bank expands tech fair reach with first ever virtual edition, focuses on AI