Buhari presents 2018 Budget Today
Nigeria President, Muhammadu Buhari, will today (Tuesday), present the 2018 budget proposal to a joint session of the National Assembly.
Buhari had formally informed the National Assembly in a letter dated November 2 of the presentation of the appropriation bill.
The letter read: “In pursuant to Section 81 of the 1999 Constitution, may I crave the kind indulgence of the National Assembly to grant me the slot of 1400 hours on Tuesday, November 7, 2017, to formally address a joint session and lay before the NASS the 2018 budget proposal.”
The President had earlier sent the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper to the National Assembly.
The submission of the documents usually precedes the presentation of the budget estimates to the National Assembly in pursuant to provisions of the Fiscal Responsibility Act, 2007.
The budget presentation is scheduled to hold by 2 p.m local time.
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