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President Buhari To Present Budget Before A Joint Meeting Of The National Assembly On Tuesday 8th Of October 2019

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The Federal Executive Council will be holding an extraordinary meeting today October 7, 2019 which was earlier scheduled for Saturday.

The Special Adviser to the President (Media and Publicity), Femi Adesina, said the FEC meeting “is to put finishing touches to the year 2020 budget, which would still be presented to the National Assembly by 2pm on Tuesday.”

Recall that the Senate had received an official communication from President Muhammadu Buhari to present the 2020 Appropriation bill before a joint session of the National Assembly on Tuesday.

The request, which was dated October 2, 2019 and addressed to the President of the Senate, Ahmad Lawan, was read at plenary on Thursday.

Also, the Senate, after a long debate on Thursday, approved all the 16 recommendations contained in the report of the National Assembly Joint Committee on Finance and National Planning, on the 2020-2022 Medium Term Expenditure Framework and Fiscal Strategy Paper.

The red chamber, among others, also increased the proposed nation’s budget for 2020 from N10.002trn to N10.729.4trn.

The Senate President, Ahmad Lawan, said the development had paved the way for President Muhammadu Buhari to submit the 2020 budget.

 

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