Pres. Buhari to sign 2018 Budget Wednesday

By Editor on 19/06/2018

Share on facebook Yahoo mail icon Gmail icon

Views: 639

Buhari
Buhari

President Muhammadu Buhari will on Wednesday, June 20 sign the 2018 appropriation bill into law.

The weekly Federal Executive Council (FEC) meeting for this Wednesday might also not hold due to the budget signing and Public holidays of Friday and Monday.

The Special Adviser to the President on Media and Publicity, Femi Adesina, at the end of FEC meeting last week informed journalists that President Buhari will sign the 2018 budget this week.

The Presidency had received the appropriation bill from the National Assembly on May 25 after it was signed by the lawmakers.

President Buhari presented a budget proposal of N8.612 trillion to the lawmakers earlier in 2017 with hopes that the bill would be passed in December of that year, but it took six months for that to happen with the lawmakers accusing ministries, departments, and agencies of frustrating the passage by failing to submit the breakdowns of their budget proposals.

The National Assembly, however, increased the proposal by N508billion bringing it to N9.12 trillion from the original estimate of N8.6 trillion.

During the budget presentation, the President had noted that the Appropriation Bill will consolidate on the achievements of the previous budget and that 2018 is expected to be a year of better outcomes.

Posted 19/06/2018 06:47:35 AM

 

Share on facebook Yahoo mail icon Gmail icon


 

You may also like...
Saraki, Dogara, Tambuwal, Ben Bruce, tear gassed by...

We are not bound by your prophecies on...

Atiku formally declares bid for 2019 presidency

EFCC arrests 23 OOU students, 12 others for...

INEC office fires targeted at PDP strongholds, says...

ANAMBRA GOVERNORSHIP ELECTION UPDATE

Appeal court freezes Fayose’s account

Supreme Court Verdict: Ayogu congratulates Ugwuanyi

Celebrations, tears as Saudi Arabia overturns ban on...

Reps probe lottery operators over alleged tax evasion...

Electoral Act: National Assembly plots to override Buhari...

National Assembly Must Reconvene Immediately – APC

 

Latest News Election Postponement: INEC Chairman has many questions to answer --ABC Nwosu TI doubts safety, integrity of electoral materials El-Rufai lied over killing of 66 Kaduna residents — CAN, NEMA INEC slams door on PVC collection, campaigns before Feb 23 Nigerians ‘ll vote out Buhari on February 23, despite election postponement – Wike Troops kill 37 bandits, lose 6 soldiers in Zamfara NASS postpones resumption Gunmen kill APC chieftain in Benue No elections in Rivers without our candidates, APC vows INEC postpones Nigeria elections, announces new dates, gives reasons PDP rejects shift in election dates, asks INEC chair to resign Gunmen kill 66 people in Kaduna

 

Most Read NAFDAC eases processes, cost of registering products for MSMEs (7,598 views) Full Text of Governor Ifeanyi Ugwuanyi’s 2016 Budget Speech (6,392 views) Ex-Heads of State will protect Jonathan from persecution —Kukah (6,093 views) IPOB: ‘We need urgent clarifications on Nnamdi Kanu’s status, whereabouts’, UK Govt tells FG (5,583 views) ASUU strike: Senate intervention ends in deadlock (5,462 views) Ex-governor Adebayo, Keyamo, Arise, others get board appointments (4,545 views) Prince Arthur Eze canvasses support for Buhari, Ugwuanyi (4,437 views) Ugwuanyi commends FG’s siting of ICT University in Enugu (4,367 views) Anambra: INEC releases 37 candidates for Nov poll (4,316 views) Nigeria ripe for Restructuring Now – Nwodo in Chatham House (4,308 views) Buhari has disappointed Nigerians – Arewa Youth Forum (4,274 views) Quit notice: Kaduna Govt obtains bench warrant against Northern youths (4,195 views)

 

SECTIONS NEWS (823) EDITORIAL (6) POLITICS (412) SOCIETY (104) SPORTS (13) BUSINESS (240) HEALTH (16) EDUCATION (20) ENTERTAINMENT (8) INTERNATIONAL (31) TECHNOLOGY (1) COLUMNISTS (0) LETTERS (0) OPINION (10)

 

 

Julius Agwu - Crazy Interview Demands