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Why Buhari has not signed the 2018 budget – Minister

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Minister of Budget and National Planning, Udoma Udo Udoma, has given reasons as to why President Muhammadu Buhari was yet to sign the Appropriation Bill, passed by the National Assembly on May 10th.

According to him, the president has decided  to carry out a thorough review of the 2018 budget.

The National Assembly had raised the budget to N9,120, 334,988,225 from the N8.6 trillion presented by President Buhari, showing an increase of N508 billion.

Udoma, disclosed this to State House Correspondents at the Presidential Villa after meeting with President Buhari on Monday.

Buhari had on Nov. 7, 2017 presented the N8.6 trillion “Budget of Consolidation”, to a joint session of the National Assembly.

According to Udoma, “the President is currently reviewing the budget  and as you know, we have a minimum window of 30 days.

“The President is currently reviewing it and as soon as he is through, he will sign it. That is what l can tell you for now,” he said

 

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