President Muhammadu Buhari on Monday signed the 2019 Appropriation bill of N8.92 trillion into law.
The ceremony took place at the President’s office around 11am. Buhari frowned at the increase of the budget submitted to the National Assembly with over N90 billion.
He lamented that the reduction of the budgetary allocations by the National Assembly would make it difficult for the government to implement its projects targeted at diversifying the economy.
He, however, noted that he would engage with the leadership of the Ninth Assembly whenever it emerges on the concerns of the executive on the budget.
Present at the ceremony were the Senate President, Bukola Saraki who entered after the President had signed the budget, the Speaker of the House of Representatives, Yakubu Dogara, Deputy Senate President Ike Ekweremadu, the Chairman of the Senate Committee on Appropriation, Danjuma Goje, the Minister of Budget and National Planning, Udoma Udo Udoma, the Senior Special Assistant on National Assembly matters, Ita Enang.
Others were Minister of Finance, Zainab Ahmed, Minister of Information, Lai Mohammed, Governor of the Central Bank of Nigeria, Godwin Emefuele, Chief of Staff, Abba Kyari, Secretary to the Government of the Federation, Boss Mustapha.
Latest posts by Ripples Nigeria (see all)
- KOWA Party denies endorsing Gov Bello for 2nd term - October 17, 2019
- CBN to auction N121.9bn treasury bills. Here’s how you can bid for it - October 17, 2019
- After Oshiomhole alleged gang-up between Edo govt and police, Obaseki warns officials ‘never to join issues’ with APC chairman - October 17, 2019