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Minister says President is still reviewing 2018 budget

President Buhari received the budget on May 25, 2018, a week after it was passed by the National Assembly.

Udoma, who could not confirm when the President might sign the document, noted that the executive arm of government still has a window of 30 days to make a decision.

The minister stated this in an interview at the Presidential Villa, Abuja.

"The President is currently reviewing the budget. As you know, we have a minimum window of 30 days," Udoma said.

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When further asked when Buhari will sign the budget, he said "...as soon as he is through, he will sign it. That is what l can tell you for now."

Budget increase

The President received the budget on May 25, 2018, a week after it was passed by the National Assembly.

The Senate increased the budget from N8.612 trillion as proposed by Buhari to N9.12 trillion.

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The upper chamber also increased the crude oil benchmark price pegged for the budget from 45 dollars per barrel to 50.5 dollars per barrel.

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