Economy News

BREAKING: Senate Finally Passes 2018 Budget

BREAKING: Senate Finally Passes 2018 Budget
  • PublishedMay 16, 2018

The Senate has passed the 2018 Appropriation Bill following the consideration and adoption of the report by the joint National Assembly Committee on Appropriation.

The report was laid before the Senate on Tuesday, while the lawmakers considered and adopted it at an extended plenary on Wednesday.

The same version of the report was presented in the Senate and House of Representatives.

President Muhammadu Buhari had presented the budget of N8.612trn to the parliament for passage in November 2017; but the National Assembly raised the estimate to N9.12trn.

Details later…

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