Connect with us

NEWS

2018 Budget Will Be Signed Next Week -Femi Adesina

Published

on





 

President Muhammadu Buhari has stated that he will sign the 2018 budget next week.

Femi Adesina, the Special Adviser to the President on Media and Publicity, disclosed this on Wednesday to correspondents at the end of the weekly Federal Executive Council meeting which was held at the Villa in Abuja, the nation’s capital.

Advertisement

Recall that after the Appropriation Bill was signed by the lawmakers, the National Assembly sent the budget to the Presidency on May 25, 2018.

Meanwhile, there were delays in the passage of the budget by National Assembly, which Dr Bukola Saraki, the Senate President had explained was due to both Houses inability to conclude the harmonisation of their versions.

Earlier in last year 2017, President Muhammadu Buhari presented a budget proposal of N8.612 trillion to the lawmakers.

Advertisement

While he was presenting it, the President noted that “the 2018 budget will consolidate on the achievements of the previous budget and that 2018 is expected to be a year of better outcomes”.

The Presidency thought the 2018 budget would be passed in December, but it took months for that to happen with the lawmakers accusing ministries, departments, and agencies of frustrating the passage by failing to submit the breakdowns of their budget proposals

Advertisement
NEWS13 hours ago

Senator Ned Nwoko Salutes APC National Chairman, Prof. Yilwatda, at 57

FEATURED13 hours ago

Sen. Nwoko Hails Chief Amori as a ‘Consummate Politician’ at 73

OPINION1 day ago

MY UNFORGETTABLE ROBBERY EXPERIENCES IN LONDON AND BRUSSELS, BY ENYINNAYA APPOLOS

FEATURED2 days ago

Tinubu Weighs In on Police Pension Saga, Orders Free Healthcare for Low-Income Retirees

FEATURED2 days ago

EFCC Chair Blows Hot, Slams Online Portal 48-Hour Deadline to Apologize or Face Lawsuit Over Report of ‘Forced Abduction, Resignation’ of NNPCL GCEO

FEATURED3 days ago

Drug Trafficking: Couple Bag 22 Years Jail Terms as Indian lady, Angolan Bizman, 1 Other to Send 21 Years in Prison

Anioma State
OPINION3 days ago

NED NWOKO: EMPOWERING UNPRECEDENTED CHANGE IN DELTA NORTH, BY EMMANUEL EBOH

NEWS3 days ago

Senator Nwoko Vows Greater Support for Women’s Sports, Hosts AfroBasket Champions D’Tigress

FEATURED3 days ago

Police Arrests Four Female for Illegal Drugs, 211 Other Suspects in Delta

international fraud ring
FEATURED4 days ago

Court Orders Interim Forfeiture of Lagos Property over N986m Diesel Supply Fraud

FEATURED4 days ago

Trump Administration Introduces $15,000 Visa Bonds to Curb Overstays

BUSINESS4 days ago

What MSMEs Need to Know as BOI Disburses N900m to 262 Loan Applicants in FCT

COMMUNITY REPORT4 days ago

Warri South Council Boss Rewards, Decorates 3 Teenagers as Ambassadors for Academy, Career Excellence

Peter Black
FEATURED5 days ago

EFCC Confirms Petition To Probe NNPCL Boss, Ojulari for ‘Fraud’ Amid Resignation Rumour

FEATURED5 days ago

Nwoko Ad-hoc C’ttee Seeks Strategic Local, Global Partnerships to Combat Oil Theft

Advertisement
Advertisement