Budgeting Latest News National Assembly

N/Assembly Defends Adjustments In 2018 Appropriation Bill

For the umpteenth time, the National Assembly has justified the basis of its adjustments of the proposals in the 2018 Appropriation Bill which raised the N8.60 trillion submitted by the Executive to N9.12 trillion when the Bill was passed. The legislators hinged their action on the proposed budget on its constitutionality and the need to […]

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President Buhari Signs 2018 N9.12Trn Appropriation Bill

After about two weeks of speculations about when President Muhammadu Buhari will sign the 2018 Appropriation Bill, the President today signed the N9.12 trillion bill into law. The National Assembly had raised the initial N8.6 trillion estimates proposed by the Executive and laid before the joint session of the Legislature by the President on November […]

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Senate Passes 2018 Appropriation Bill

After over 180 days of the formal laying of the 2018 Appropriation Bill by President Muhammadu Buhari before the joint session of the National Assembly, the Senate today passed the Bill following the consideration and adoption of the report by the joint National Assembly Committee on Appropriation. The report was laid before the Senate yesterday […]

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Reps To Pass Revised N9.12Trn Appropriation Bill Tomorrow

The House of Representatives today promised to pass the 2018 Appropriation Bill of N9.12trn tomorrow. May 15th. The Deputy Speaker of the House, Yusuf Lasun, who presided at today’s plenary, made the promise following the budget report presentation to the House by the Chairman, Committee on Appropriation, Hon. Mustapha Dawaki. The N9.12 trillion budget is […]

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Lawmakers Accuse Executive Of Undermining 2018 Budget Passage

The Senate today accused ministers and heads of some Ministries Departments and Agencies (MDAs) of slowing down the legislative work on the 2018 Appropriation Bill through incessant foreign trips and non-cooperation with the lawmakers. Members of the upper chamber of the National Assembly leveled the allegation during the plenary session. Specifically, the lawmakers faulted President […]

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MTEF 2018-2020’s review won’t impede 2018 budget passage – Ahmed.

  The Federal Government has assured that the adjustments made to the 2018-2020 Medium-Term Expenditure Framework and Fiscal Strategy Paper which raised the projected expenditure figures by about N1.5 trillion would not in any way distort the 2018 Appropriation Bill passage as the adjustments had been captured in the latter before its presentation to the […]