Senate Approves MTEF/ Fiscal Strategy Projections for 2024 – 2026

The Senate has approved the 2025–2027 Medium Term Expenditure Framework, MTEF and Fiscal Strategy Paper, FSP earlier submitted by President Bola Tinubu ahead of his presentation of the 2025 Appropriation Bill to the Joint session of the National Assembly  this week. In the three years projections, the Upper Chamber pegged the exchange rate at N1,400/$…

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Reps Pass MTEF-FSP For 2025-2027

The House of Representatives has passed the Medium-Term Expenditure Framework & Fiscal Strategy Paper for 2025-2027. In passing the MTEF, the Committees on Finance, Petroleum Upstream, and Petroleum Downstream were tasked to investigate reports from the Revenue Mobilization, Allocation, and Fiscal Responsibility Commission alleging that the Nigerian National Petroleum Company Limited’s withheld ₦8.48 trillion as claimed…

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