Categories: Politics

Buhari planning to submit 2019 Budget when Saraki reconvenes NASS (DETAILS)

President Muhammadu Buhari is set to submit the 2019 national budget once the national assembly is re-opened in September.

Minister of State for Budget and National Planning, Zainab Ahmed, explained that this was to restore the January to December budget cycle.

“Our aspirations is that we want to meet the requirements of the law to submit it by September but as you know the National assembly is itself away on recess and they resume by September”.

According to Daily Trust, The minister said the federal government had consulted widely with members of the National Assembly in that regard.

The presentation of the last two budgets could not achieve that threshold. The president presented the 2017 fiscal document to the lawmakers in the second week of December 2016 while that of 2018 was presented in the first week of November 2017.

Speaking on the current effort, the minister said: “Our aspirations is that we want to meet the requirements of the law to submit it by September but as you know the National assembly is itself away on recess and they resume by September.”

She said the law encourages the executive to submit the budget by September and the idea is that by December, the budget is passed.

The Minister also said the N1.56 trillion spent by the federal government on capital projects was the highest amount ever spent on capital projects in the history of Nigeria.

Buhari planning to submit 2019 Budget when Saraki reconvenes NASS (DETAILS) was last modified: August 24th, 2018 by Politics Nigeria
Politics Nigeria

PoliticsNGR Staff

Share
Published by
Politics Nigeria
Tags: 2019breakingbuharisaraki

Recent Posts

Bonny youths commend FG over Bonny/Bodo road, bridge projects

The Bonny Youth Federation (BYF) has commended the Federal Government for the ongoing construction of the Bonny/Bodo road and bridge…

18 mins ago

ASUU calls for reopening of negotiation with FG

The Academic Staff Union of Universities (ASUU), Owerri zone, has called on the Federal Government to urgently open renegotiation on…

28 mins ago

NLC directs state councils to commence strike mobilisation

The Nigeria Labour Congress (NLC) has directed its 36 state councils to commence mobilisation of workers in readiness for its…

31 mins ago

2019: Onu’s aide joins Ebonyi governorship race

Mr Ogbonnaya Obasi, the Personal Assistant (PA) to Dr Ogbonnaya Onu, Minister of Science and Technology, has joined the governorship…

34 mins ago

Institute launches electronic health record system for 4,000 HIV patients

No fewer than 4000 people living with HIV are to benefit from an electronic health record system launched in the…

37 mins ago

Court discharges man charged with causing hurt, assault

A Karmo Grade 1 Area Court, Abuja, on Wednesday discharged a 30-year-old man, Emmanuel Nwachinedu, charged with causing hurt and…

1 hour ago