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The House of Representatives on Wednesday, June 10, 2020, passed the revised 2020 Appropriation Bill of N10.8 trillion, thereby increasing the national budget from the proposed N10.5 trillion previously proposed by President Muhammadu Buhari.

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The Lagos Inland Revenue Service (LIRS) noted that it generated N25 billion from taxes in April during the total lockdown. This feat was attributed to technology. Head of Information and Communication Technology (ICT) of LIRS, Mr. Rasheed Olu-Ajayi, made the announcement to the News Agency of Nigeria (NAN) in a Zoom conference held on Saturday.

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n order to reflect the yearnings of the populace in its 2021 appropriation bill, the Lagos State Government through the Ministry of Economic Planning and Budget on Monday started a consultative forum across the five divisions of the State to seek the buy in of relevant stakeholders into the preparation of the Year 2021 budget.

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The States Fiscal Transparency, Accountability and Sustainability (SFTAS) scheme was set up to strengthen the fiscal transparency, accountability, and sustainability of budgetary process for all participating States. Initiated by the Federal government and supported by the World Bank, it’s goal is to provide grants to States that have complied with the annual eligibility criteria to […]

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The Budget Consultative Forum is a platform that facilitates citizen’s participation and inclusion in the budget preparation process. The forum is held at the beginning of the budget preparation process. It comprises representatives from the five administrative divisions of the state, civil society, trade bodies, corporate organisations respectively and the general public. During the forum, […]

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