Buhari set to present 2020 Budget proposal to NASS Tuesday – Presidency

Ads

1Shares

President Muhammad Buhari is set to present 2020 Appropriation Bill to a joint session of the National Assembly (NASS).

The Presidency in a statement disclosed that President Muhammadu Buhari will be presenting the 2020 Appropriation Bill to the National Assembly (NASS) on Tuesday 8th of October 2019.

Mr Femi Adesina, the Special Adviser to the President on Media and Publicity, confirmed this development at the end of an extraordinary meeting of the Federal Executive Council (FEC).

Like Our Facebook page

The meeting which considered the 2020 budget proposals before its presentation to the National Assembly on Tuesday by 1:30 p.m., was presided over by President Buhari at the Council Chamber of the Presidential Villa, Abuja, on Monday.

Adesina, who briefly spoke to State House correspondents, said: “No briefing, we only looked at what we will present at the National Assembly tomorrow”, referring to Tuesday’s presentation of the 2020 budget proposal to the NASS by President Buhari.

President Nuhari is expected to lay the 2020 budget before a joint session of the Senate and House of Representatives on Oct. 8 for approval, “as the country intends to revert to the January to December budget cycle.”

READ ALSO  Uniuyo Crisis: Akwa Ibom Lawyer Petitions Vice Chancellor over Security Breaches

The News Agency of Nigeria (NAN) reports that the early presentation of the 2020 budget is meant to return the Federal Government budget cycle from May-June to January-December.

The Senate had on Thursday increased the proposed 2020 budget from N10.007 billion  to N10.729trillion.

However, President Buhari and the leadership of the National Assembly had on Sunday night (Oct. 6) met behind closed doors at the President’s official residence in Abuja in what appeared to be `2020 budget reconciliation meeting’.

READ ALSO  Beasts of No Nation: How Ikeja cantonment soldiers shot man, stabbed another on hospital bed —Police

 

UPDATES: Please Don't forget to Download Omokoshaban.com Mobile APP: click this link to download CLICK HERE TO DOWNLOAD OS NEWS MOBILE APP

1Shares

ads

Leave a Reply

avatar
  Subscribe  
Notify of