Buhari Yet To Receive Budget 2018 – Udoma
One week after the National passed the 2018 Budget, President Muhammadu Buhari is yet to receive it, according the Minister of Budget and National Planning, Udoma Udo Udoma.
Disclosing this after the Federal Executive Council (FEC) meeting on Wednesday, the minister debunked earlier insinuation in some quarters that quoted him of have said President Buhari would not sign the budget.
According to Udoma, “The President is yet to receive the budget. It is, therefore, impossible to make a statement about the budget that has not been received.
“Once we get it, we will work very quickly on it.”
“When it is submitted, I am sure the National Assembly themselves will inform Nigerians,” Udoma said.
The National Assembly had on May 16, six months after it was presented, passed a total of N9.120 trillion, an increase of N508 billion from the N8.612 trillion originally presented to the Assembly by President Muhammadu Buhari.
Chairman Senate Committee on Appropriation, Senator Danjuma Goje, explained that after consultation with the Executive, the oil benchmark price was increased from 45 to 51 dollars.
Goje said the additional 508 billion on the 2018 Budget was applied in critical sectors of the economy, namely: reduction of the deficit, security, health and power, works and housing.