2018 budget to face further delay

The 2018 budget is set to face further delay despite its passage by the National Assembly yesterday.

Daily Trust correspondents report that after the passage of the budget in the House, Speaker Yakubu Dogara announced the setting up of a conference committee to harmonize some ‘little changes’ in the budget with the Senate.

Some of the changes, it was observed, had to do with the title of the Appropriation Bill and the date it is to take effect.

The lawmakers agreed that the budget should commence immediately after the president assents it into law. The harmonization process may take days to be completed.

Further hurdle before the budget also include, transmission of a clean copy for presidential assent, consideration by the executive prior to the assent. In 2017, the budget passage and assent lasted for May 11 to June 12.

Daily Trust, May 17, 2018

 

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