• Contact Us
  • About Us
Wednesday, October 15, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home Economy

Buhari presents 2020 FCT budget to Senate

metro by metro
December 11, 2019
in Economy
0
0
SHARES
0
VIEWS

Muhammadu BuhariPresident Muhammadu Buhari on Wednesday forwarded the 2020 budget of the Federal Capital Territory Administration (FCTA) to the Senate for consideration and approval.

The Senate President, Ahmad Lawan read Buhari’s request letter at plenary.

Read Also

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections

Developing Nations Rack Up $3.9 bln In Net Debt Payments To China  Yearly, Study Finds 

Buhari in his letter noted that the request was in compliance with Sections 121 and 299 of the 1999 Constitution (as amended).

The letter reads in part: “Pursuant to Sections 121 and 299 of the 1999 Constitution of the Federal Republic of Nigeria (as amended), I forward herewith, the 2020 statutory budget proposal of the Federal Capital Territory Administration, for the kind consideration and passage by the Senate.

Also on Wednesday, the upper chamber approved the report of the Conference Committee of the Senate and House of Representatives on the Finance Bill 2019, recently passed by both chambers.

The upper chamber also on Wednesday referred President Buhari’s request for the confirmation of the Chairman and members of the Federal Inland Revenue Service (FIRS) to the Senate Committee on Finance for further legislative work.

Besides, the screening of Edward Lametek Adamu as chairman, Assets Management Corporation of Nigeria (AMCON) was also committed to the Finance committee.

The Committee, which is chaired by Senator Solomon Adeola, is expected to submit its report on December 18, 2019, before the National Assembly adjourns on Thursday for the Christmas break.

Tags: Buhari
Previous Post

House Renews Move to Separate Office of AGF from Justice Minister

Next Post

Fresh War In Aso Villa: Aisha Buhari Takes On Mamman Daura, Garba Shehu

Related Posts

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility
Economy

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

October 14, 2025
Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections
Economy

Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections

October 14, 2025
Developing Nations Rack Up $3.9 bln In Net Debt Payments To China  Yearly, Study Finds 
Economy

Developing Nations Rack Up $3.9 bln In Net Debt Payments To China  Yearly, Study Finds 

October 11, 2025
ABC Returns February 2026, Focuses On Growth, Reform, Partnerships
Economy

ABC Returns February 2026, Focuses On Growth, Reform, Partnerships

October 11, 2025
Next Post

Fresh War In Aso Villa: Aisha Buhari Takes On Mamman Daura, Garba Shehu

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

Fiscal Imbalance: States’ Reliance on FAAC Allocations Exposes Financial Fragility

October 14, 2025
Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections

Amid Rising States’ Indebtedness, IMF Raises Nigeria’s 2025, 2026 Economic Growth Projections

October 14, 2025
Alausa: The Dilemma Of A ‘Japada’ Medical Minister Of Education

Alausa: The Dilemma Of A ‘Japada’ Medical Minister Of Education

October 14, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version