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Medium Term Expenditure Framework

Reps approve N4 trillion for petrol subsidy

Biola Adebayo Apr 14, 2022

The House of Representatives has approved N4 trillion for subsidy on petrol. The approval was sequel to a request by President Muhammadu Buhari for revision of the 2021 fiscal framework. In forwarding the request for the revision of…
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FG to finance 2022 budget deficit with new borrowing

Biola Adebayo Apr 7, 2022

President Muhammadu Buhari has written to the House of Representatives seeking an increase in the 2022 budget deficit to be financed through borrowing from the domestic market. Buhari said this in a letter read by Speaker Femi…
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Senate passes revised Medium Term Expenditure Framework ahead of 2022 budget presentation

Marvellous Gbadegesin Oct 6, 2021

The Senate on Wednesday approved President Muhammadu Buhari’s revised 2022-2024 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP). The revised document was received and referred to the Committee on Finance on Oct.…
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