Breaking: National Assembly Increases 2018 Budget To N9.120trn

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 on November 7 last year.

The Senate on Tuesday, May 15, laid the report. Vanguard reports that the report of the committee on appropriations was laid by the chairman, Senator Danjuma Goje representing Gombe central.

It was gathered that the presentation of the report was seconded by the chairman, Senate committee on public accounts, Senator Matthew Urhoghide representing Edo south.

It was gathered that the budget would be passed this week, just as moves to do that is largely believed by concerned Nigerians to have arisen as a result of May 31 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. 


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