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Senate, Reps Pass 2018 Budget, Increase Spending To N9.1 trillion

16 May 2018 National News News


The House of Representatives has unanimously passed the 2018 budget in the sum of N9.1 trillion naira.

The Speaker Yakubu Dogara who presided over the plenary session urged the Executive arm to ensure expeditious implementation of the budget. 

The house also maintained that all extra budgetary spending and borrowing must be channeled to the National Assembly for approval.

Similarly, the senate has also passed twenty eighteen budget of nine point one trillion naira.

The passage was after presentation of the report of the committee on appropriation by its chairman senator Danjuma Goje during plenary in Abuja.

The approved budget is N500 billion higher than the N8.612 trillion proposed by President Muhammadu Buhari to the Joint session of the National Assembly in November last year.

 

By: Aisha Adesanya/James Itodo- Abuja


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