SAN FRANCISCO, May 23, (THEWILL) – The Minister of Budget and National Planning, Udo Udoma has revealed that the 2018 budget which was passed by the two chambers of the National Assembly is yet to be transmitted to President Muhammadu Buhari for assent.
This was revealed on Wednesday by the Minister while responding to inquiries from State House correspondents at the end of the meeting of Federal Executive Council (FEC).
Udoma said a media report credited to him that Buhari would not sign the budget was not true because the President was yet to receive it.
“The President is yet to receive the budget. It is, therefore, impossible to make a statement about the budget that has not been received,” he revealed.
“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.”
THEWILL recalls that both chambers of the National Assembly had on May 16, 2018 approved the budget estimates six months after it was presented by the President on November 7, 2017.
The lawmakers, however, raised the total figure from N8.6 trillion to N9.1 trillion.
