ADVERTISEMENT

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.

ADVERTISEMENT

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.

ADVERTISEMENT

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.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Yahaya Bello's nemesis, Akpoti tells EFCC to see ex-governor's case to the end

Yahaya Bello's nemesis, Akpoti tells EFCC to see ex-governor's case to the end

Chess master Tunde Onakoya's parents get house gift from good Samaritan

Chess master Tunde Onakoya's parents get house gift from good Samaritan

Teacher told everyone her man abandoned her for another woman — the truth was worse

Teacher told everyone her man abandoned her for another woman — the truth was worse

Ile-Ife is our ancestral home, Benin Kingdom tells Ooni

Ile-Ife is our ancestral home, Benin Kingdom tells Ooni

American school refunds $760,000 Yahaya Bello deposit to EFCC

American school refunds $760,000 Yahaya Bello deposit to EFCC

Agege LG gives traders, scavengers 5 days to vacate rail lines

Agege LG gives traders, scavengers 5 days to vacate rail lines

Prophet El-Buba wants Tinubu to give EFCC more backing in fight against corruption

Prophet El-Buba wants Tinubu to give EFCC more backing in fight against corruption

Kwara govt rescue 40 poisoned cows from death, 33 others dead

Kwara govt rescue 40 poisoned cows from death, 33 others dead

BDC operators' president warns against naira speculation, vows unified market

BDC operators' president warns against naira speculation, vows unified market

ADVERTISEMENT
ADVERTISEMENT