Hi-Tech

We increased 2018 budget with Executive approval - Shehu Sani

We increased 2018 budget with Executive approval - Shehu Sani

The Budget document passed on the floor of the senate is similar to what is being considered by the house of representatives and it shows and increase of N508 billion to take it to N9,120, 334,988,225 from the N8.6 trillion presented by Buhari.

President Buhari had on November 7 presented N8.6 trillion budget estimate to the joint session of National Assembly but a report presented to the House by the Committee on Appropriations was raised to N9.1 trillion.

Also jerked-up by the lawmakers is the crude oil benchmark which has been increased from its earlier $45 per barrel to $50.5 per barrel.

The Chairman of the Senate Committee on Media and Public Affairs, Senator Aliyu Sabi-Abdullahi, had on different occasions said the budget would be passed after the report was presented.

The 2018 budget is Nigeria's highest budget estimate ever.

The 2017 budget expires on May 31, 2018.




A debt servicing cost of 2,203,835,365,699 and statutory transfers of 530,421,368,624.

The Senate and the House of Representatives have passed the 2018 budget, raising it by N500 billion. In the last nineteen years of democracy, budgets have always been delayed.

Buhari, who announced the 2018 budget as "Budget of Consolidation" said the projected expenditure is expected to consolidate on the achievements of previous budgets, and deliver on Nigeria's Economic Recovery and Growth Plan (ERGP) for 2018 - 2020.

The Senate attributed the delay to failure of Ministries, Departments, and Agencies (MDAs) to submit details of the budget proposals and refusal to avail themselves before the standing committees to defend their budgets.

The Nigerian Senate, on Wednesday, passed the 2018 Appropriation Bill, six months after its presentation.

" I think it is very clear that the mandate we give to them is one week".


  • Apple demands $1 Billion from Samsung for design patent violations

    Apple demands $1 Billion from Samsung for design patent violations

    The Supreme Court agreed. 'We were really risking everything that was making Apple successful at the time, ' Joswiak said. It argues that customers were not only buying its handsets because of the design, but also due to their "functionality".
    Senate likely to vote Wednesday to restore net neutrality

    Senate likely to vote Wednesday to restore net neutrality

    Anna Eshoo, D-Calif., Hakeem Jeffries, D-N.Y., who are leading the effort to bring Doyle's bill to the House floor. Senate Minority Leader Chuck Schumer spoke after the vote, arguing that "at stake is the future of the Internet".
    Local organization spotlights mental health awareness month

    Local organization spotlights mental health awareness month

    Amid this, 68 per cent think employers should do more to improve the understanding of mental health in the workplace. Classes are also available to join throughout the week and the gym also offers a separate ladies' only gym area.
  • Murphy Brown has a new gig

    Murphy Brown has a new gig

    The final new shows that made the cut for the fall lineup are dramas Federal Bureau of Investigation and God Friended Me . When executives were asked if the setup was supposed to mirror the MSNBC/Fox News Morning Joe vs.
    Pope wants bishops to take responsibility for abuse scandal

    Pope wants bishops to take responsibility for abuse scandal

    At the end of this plea, he prayed a Hail Mary with all the pilgrims for this intention. He also explained the meaning of the baptismal candle, lit from the Paschal candle.
    Body clock disruption linked to depression

    Body clock disruption linked to depression

    Notably, the internal body clock is located in the suprachiasmatic nucleus region of the human brain. The study included data from 91,105 participants aged between 37-73.
  • NDSU Men's Golf Completes First Round of its First-Ever NCAA Regional

    NDSU Men's Golf Completes First Round of its First-Ever NCAA Regional

    Top-seeded Oklahoma shot five-under, giving themselves a five-stroke cushion over Auburn, Arkansas, and North Florida at even par. You look at Texas and NC State and some others, and they have guys who have shot 64 and 65, and we haven't had that yet.
    'Solo: A Star Wars Story' slides quickly into incoherence

    'Solo: A Star Wars Story' slides quickly into incoherence

    Of course, the effects are something we have come to expect from the Star Wars saga and Solo has much to offer in that regard. Official reviews have landed for the latest Star Wars film, and if you're a fan of the series, it might be time to worry.
    Gina Haspel wins approval from Senate Intel Committee

    Gina Haspel wins approval from Senate Intel Committee

    If she passes confirmation, Haspel would become the first female director in the agency's history of over 70 years. President Trump nominated Haspel to the post, and her confirmation process has been under intense scrutiny.
  • WB Panchayat elections: Re-polling underway in 568 booths

    WB Panchayat elections: Re-polling underway in 568 booths

    Elections were held in 622 zila parishads and 6,158 panchayat samitis, besides 31,836 gram panchayats of the state. Also, some reports are saying that ballot boxes were set on fire, vehicles burnt and poll officials attacked.
    EA Officially Confirms Battlefield V

    EA Officially Confirms Battlefield V

    Actually, it wasn't EA but Trevor Noah, known to many as the host of The Daily Show , who let the cat out of the bag. But the tweet describes it as "V EXCITING!" and at the end of the video , he says, "We've got big news".
    What We Now Know About Trump Jr's Infamous Air Force 1 Statement

    What We Now Know About Trump Jr's Infamous Air Force 1 Statement

    Mr Trump Jr also said he received direct messages via Twitter from WikiLeaks asking if he would leak his father's tax return. But according to blockbuster July 2017 articles in the Times and Post, Trump put himself at the center of the response.