News
Senate passes N9.12trn 2018 budget
The Senate on Wednesday passed the 2018 budget of N9.12 trillion. The budget was presented at a joint session of the National Assembly by President Muhammadu Buhari on November 7, 2017.
Passing the budget, the Deputy President of the Senate, Ike Ekweremadu, emphasized the need for the legislature to be specific on the duration of the budget or rather what constitutes the budget year. He stated that the law does not specify precise time frame of when the budget begins or ends but specify 12 months calendar beginning from the date the legislature passes the budget; indicating that the budget year for the 2018 Appropriation Act begins from May as soon as the President assents to the financial instrument.
Several senators complained of the non-cooperation of ministers and other heads of agencies who declined responding to invitations by the National Assembly to defend budget allocations to their respective MDAs.
The House of Representatives is also at the point of completing its own process at the time of this report. Details later.
-
Health1 week agoSenate hearing set to review research on COVID-19 vaccines, cancer concerns
-
Crime6 days agoLASU student dies after armed robbery attack
-
Featured6 days agoOsun APC counters Adeleke over security drone dispute, urges public to ignore allegations against Oyetola
-
Latest1 week ago2027: North will back Tinubu’s re-election bid, says ex-ACF Secretary-General
-
Football6 days agoArsenal confirm departure of 15 players ahead of summer exit
-
Comments and Issues1 week agoDay Ibori stormed Asaba for Oborevwori’s third anniversary
-
Politics6 days agoEmeka Ike reacts to alleged INEC-linked data breach
-
Politics6 days agoFour PDP reps from Bauchi defect to APM, cite internal party crisis