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Author Topic: President Buhari to submit 2019 budget on NASS resumption  (Read 14817 times)

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Offline legendguru

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President Buhari to submit 2019 budget on NASS resumption
« on: August 24, 2018, 08:47:24 AM »
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The federal government has hinted that President Muhammadu Buhari will present the 2019 budget to the National Assembly when the legislature reconvenes in September.


Minister of State for Budget and National Planning, Zainab Ahmed, explained that this was to restore the January to December budget cycle.

“Our aspirations is that we want to meet the requirements of the law to submit it by September but as you know the National assembly is itself away on recess and they resume by September”, she told Daily Trust.


The Minister disclosed that the N1.56 trillion spent by the federal government on capital projects was the highest amount ever spent on capital projects in the history of Nigeria.

According to her, the federal government released 60 per cent of the total N2.2 trillion budgeted for capital projects in 2017, the highest value ever.

The Minister said the 2017 budget did well as the country executed 100 per cent of the personnel component, ensuring that salaries and pensions were paid, including pension arrears.