Details of #Budget2016 by the Ministry of Budget and National Planning

The Budget Overview event kicks off. Ministers of Budget, Defence, Water Resources, Finance, Niger Delta are all present.


The FG will spend, not just for today, but for tomorrow: Emphasis on infrastructure & social investment #Budget2016 This is the first full-year budget of this administration. It was signed into law on May 6, 2016 says Minister Udoma.

Drastic fall in oil price: $114/Jun2014 - $38/Dec2015 -General weakening of economic growth in developing market economies #BudgetNG2016 . Primary goal of the 2016 budget is to reflate and reposition the economy for Change.

Remarks by Speaker Dogara at Public Hearing on Investing Pension Funds in Infrastructural Development

EMARKS BY RT. HON. DOGARA YAKUBU, SPEAKER, HOUSE OF REPRESENTATIVES, AT THE PUBLIC HEARING ON THE MOTION FOR THE NEED TO INVEST PENSION FUNDS TO MEET NIGERIA’S INFRASTRUCTURAL CHALLENGES (HB. 41/2016) AND THREAT TO THE CONTINUATION OF THE CONTRIBUTORY PENSIONS SCHEME BY NON-REMITTANCE OF WORKERS CONTRIBUTIONS BY EMPLOYERS (HB. 34/2016).

Protocols:
On Tuesday 16th February, 2016, the House deliberated on the Motion FOR THE NEED TO INVEST PENSION FUNDS TO MEET NIGERIA’S INFRASTRUCTURAL CHALLENGES (HB. 41/2016) AND THE THREAT TO THE CONTINUATION OF THE CONTRIBUTORY PENSIONS SCHEME BY NON-REMITTANCE OF WORKERS CONTRIBUTIONS BY EMPLOYERS (HB. 34/2016), and mandated the Joint Committees on Pensions, Finance and Capital Market and Institutions to undertake a thorough consideration of the Motion through a public hearing so as to garner the opinion of the general stakeholders on the merits or otherwise of the Resolution before it is passed into law by the National Assembly.