For The Record, Buhari Has Not Received Passed 2018 Budget
Just so you know, President Muhammadu Buhari has yet to get a clean copy of the 2018 Appropriation Bill as passed into law by the two chambers of the National Assembly last week.
The Minister of Budget and National Planning, Udo Udoma, disclosed this to State House correspondents at the end of the weekly meeting of the Federal Executive Council presided over by President Buhari at the Presidential Villa, Abuja.
Udoma said there was no truth in some reports quoting him as saying that the President would not sign the document as passed by the federal lawmakers.
“The President has yet to receive the budget. It is therefore impossible to make a statement about the budget that has not been received.
“Once we get it, we will work very quickly on it. When it is submitted, I am sure the National Assembly will inform Nigerians.”
The minister said from all indications, the nation’s economy was improving with the current Gross Domestic Product growth rate of 1.95% in the first quarter of this year.
The National Assembly passed the 9.12 trillion budget last week Wednesday after the Appropriation Bill had spent more than six months with the legislature.
The final figure was raised by over 508 billion naira from the initial estimates of 8.612 trillion naira that the President laid before lawmakers on November 7, 2017.
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