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President Muhammadu Buhari is to present the 2020 budget to the National Assembly on Tuesday, next week.
Read Also: We expect 2020 budget proposal by September – Senate
Senate Spokesperson, Senator Adedayo Adeyeye disclosed this on Thursday while briefing National Assembly correspondents.
Adeyeye who revealed that the President will present the Appropriation Bill to NASS by 2.pm further assured that the budget will be passed before the end of the year.
“I can confirm and announce to you that the President will on Tuesday, next week, present the budget to the National Assembly by 2.pm,”
“You can see that NASS is making sure that the Bill is given expeditious treatment,” he revealed. The National Assembly had on Thursday approved the 2020-2022 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
Also, it increased the total expenditure of the federal government in the 2020 budget from N10.002 trillion to N10,729.4 trillion.
The approval by NASS followed the adoption of the report of the joint committees on finance on the 2020-2022 Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP).
