Buhari To Receive Passed 2018 Budget This Week
As you already know, after a long delay, the 2018 budget worth 9.12 trillion naira was finally passed into law on Wednesday.
The final figure was raised by over 508 billion naira from the initial estimates that the President laid before lawmakers on November 7, 2017.
President Muhammadu Buhari is expected to receive the amended document this week.
According to the lower chamber of Nigeria’s parliament, a clean copy of the 2018 budget will be on the president's table within a week from the date of passage.
The Chairman, House Committee on Media and Public Affairs, Abdulrazak Namdas, told newsmen in Abuja on Sunday that by Wednesday, the budget would have been sent to the President.
“The areas of differences are just three, including the provision that the Executive should not spend any funds outside this budget without appropriation by the National Assembly.
“This was inserted to take care of extra-budgetary spending like fuel subsidy or what they call ‘under recovery.’ The Senate is not likely to oppose the provision. On all other areas like the total budget size of 9.12 trillion naira, we are on the same page. There is really nothing much to cause further delays,” Namdas explained.
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