Buhari unhappy with 2018 budget passed by NASS — Presidency source

There were indications, last night, that President Muhammadu Buhari was unhappy with 2018 budget finally passed by National Assembly and transmitted to him to append his signature.

That misgiving, notwithstanding, the President will tomorrow sign the fiscal document into law to fulfil a legal requirement and avoid the recrimination of returning the bill to the NASS due to the many distortions done to the budget he presented to the lawmakers on November 7, 2017.

A top source, who is knowledgeable in the matter, told Vanguard in confidence that the President was irked by the huge amount of money injected into the budget by the lawmakers and diverted to other causes unintended by the Federal Government.

The source said apart from jerking up the budget from the initial N8.6 trillion proposed by Buhari to N9.12 trillion, the NASS, as usual, introduced new projects, which have nothing whatsoever to do with the federal budget and funding.

Vanguard, June 19, 2018

 

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