Connect with us

Business

Buhari to sign 2018 budget next week

Published

on

Buhari to sign 2018 budget next week

President Muhammadu Buhari is to sign the 2018 Appropriation Bill recently passed by the National Assembly, into law next week.

This was made known on Wednesday by the Special Adviser to the President on Media and Publicity, Mr. Femi Adesina while speaking to State House correspondents at the Presidential Villa, Abuja after a meeting of the Federal Executive Council presided over by the President.

Adesina who declined to give details of the actual day the document would be signed by the president, said these would be made available later.

He simply said, “the budget will be signed next week. We will give you the specific date when it is confirmed”.

Read Also: Nigeria’s inflation drops to 11.61% in May for 16th consecutive month

The President had on November 7, 2017 submitted the Appropriation Bill for the 2018 fiscal year to a joint session of the National Assembly.

In March, 2018, Vice President Yemi Osinbajo said the fate of the 2018 budget lies in the hands of the National Assembly as the executive arm of the government had played its role and was waiting on the legislature.

But, the budget was passed by the assembly on May 16, 2018, making it 190 days after it was presented.

 

RipplesNigeria… without borders, without fears

Click here to join the Ripples Nigeria WhatsApp group for latest updates.

Join the conversation

Opinions

Support Ripples Nigeria, hold up solutions journalism

Balanced, fearless journalism driven by data comes at huge financial costs.

If you are motivated and passionate about building a global society, founded on justice, equity, fairness, transparency, accountability and superior knowledge, kindly consider donating to Ripples Nigeria’s solutions journalism.

Your support would help to ensure that citizens and institutions continue to have free access to credible and reliable information for societal development.

Donate Now

Investigations