Breaking: Six months after, Senate lays report of N8.612 trillion 2018 Budget

Tue May 15th, 2018 - Abuja (FCT)

By Henry Umoru

ABUJA- SIX months after President Muhammadu Buhari presented the draft copy of the N8.612 trillion 2018 budget estimates to a joint session of the National Assembly 7th of November last year, the Senate on Tuesday laid the report.

Senate Chamber

The report of the Committee on Appropriations was laid by the Chairman, Senator Danjuma Goje, APC, Gombe Central.

The presentation of the report was seconded by the Chairman, Senate Committee on Public Accounts, Senator Matthew Urhoghide, PDP, Edo South.

Strong indications have emerged that the budget will be passed this week, just as moves to do that is largely believed by concerned Nigerians to have arisen as a result of May 31st, 2018 set as deadline for life span of the N7.444trillion 2017 budget .

The six months the 2018 budget estimates has spent in the National Assembly has been the longest period for consideration of an appropriation bill so far since year 2000 when a full fledged yearly budget was first presented to it .

More details later…




source: Vanguard