Wednesday, February 1Nigeria's Authoritative Maritime News Magazine
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Tag: Budget

Gov. Diri Presents N310.7bn 2022 ‘Budget Of Sustainable Growth’ *Infrastructure, Health, Education Top Allocation

Gov. Diri Presents N310.7bn 2022 ‘Budget Of Sustainable Growth’ *Infrastructure, Health, Education Top Allocation

Politics, Press Release
Bayelsa State Governor, Senator Douye Diri, on Wednesday, presented a 2022 Appropriation Bill of N310.7 billion to the state House Assembly. It is tagged: "Budget of Sustainable Growth" with the Ministry of Works and Infrastructure having the highest allocation of N51 billion to drive the critical infrastructure programme of his administration. The Ministry of Agriculture was allotted N12 billion followed by education and health sectors, which got N4 billion each while the Ministry of Finance was allotted N3 billion. A press release issued by his Chief Press Secretary, Mr. Daniel Alabrah, quoted the governor as stating that the Ministries of Power, Transport and Information, Strategy and Orientation got N1.5 billion each while that of Housing and Rural Development, Special Pro...
Stakeholders raise alarm over NPA’s 2017 Budget

Stakeholders raise alarm over NPA’s 2017 Budget

Business, Port News
Discordant tunes have greeted the over N270b budget of the Nigerian Ports Authority approved by the Senate last week. Maritime Stakeholders have raised questions about the justification over the expenditures which they want the NPA management to provide answers to. In the budget approved by the upper house last week, the total receipts for the agency in 2017 was given as about N280b as against an expenditure estimate of N270b . Asked a stakeholder who sought anonymity . ' Is NPA telling telling us they have just a N10b ' change' left for the Federal Coffers after spending all they would realise this year? Why would NASS approve such a budget ? This is unthinkable and we must get to the bottom of this' he argued. Speaking on the NPA budget , Dr Eugene Nweke , said he was not impressed...