Buhari To Sign 2018 Budget Next Week
Nigeria's 2018 Budget will surely scale through the last stage of its process next week.
President Muhammadu Buhari will sign the Budget into law and that will be happening seven months after it was presented to the National Assembly for scrutiny and passage.
After the Federal Executive Council Meeting on Wednesday, a spokesman for President Buhari, Femi Adesina, told reporters that the President would sign the Budget next week.
The signing of the 2018 Budget will occur three weeks after the National Assembly returned the Budget to the President.
It was passed by the Senate six months after it was presented to them by Buhari in November of 2017.
The Senate President had explained that the delay was as a result of needed harmonisation of the versions of the 2018 Budget with the House of Representatives and the Senate.
When President Buhari presented the Budget in November, he had put before the lawmakers a budget proposal of 8.612 trillion Naira, but it was upped to 9.120 trillion Naira by the lawmakers.
The President had told lawmakers at the time that “the 2018 budget will consolidate on the achievements of the previous budget and that 2018 is expected to be a year of better outcomes”.
His hopes that the budget would be passed before the end of 2017 was dashed.