Update: President Buhari To Sign 2018 Budget Wednesday

President Muhammadu Buhari is expected to sign the 2018 appropriation bill into law on Wednesday, June 20.

The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina on Monday in an interview with Channels Television’s Politics Today, confirmed the development.

He however added that the Executive arm of government should not be blamed for the delayed passage of the budget by the National Assembly, stressing that it had been submitted to the lawmakers since last year.

“Naturally, every Nigerian should be worried and concerned,” the presidential aide said. “That budget was submitted on November 7, 2017, with the expectation that latest by December ending, it would have been passed.”

“But it wasn’t passed till May (2018) and that is quite worrisome for every right-thinking Nigerian.”

President Buhari had presented a budget proposal of N8.612 trillion to the lawmakers earlier in 2017 with hopes that the bill would be passed in December of that year, but it took six months for that to happen with the lawmakers accusing ministries, departments, and agencies of frustrating the passage by failing to submit the breakdowns of their budget proposals.

The National Assembly, however, increased the proposal by N508billion bringing it to N9.12 trillion from the original estimate of N8.6 trillion.

President Buhari then received the appropriation bill from the National Assembly on May 25, 2018, more than six months after presenting a budget proposal of N8.612 trillion to the Legislature.