Latest News

Buhari not hundred percent sure of 2020 Budget

The Presidency said on Sunday that the President, Major General Muhammadu Buhari (retd.), was backed by law to return any portion of the 2020 budget that required reworking to the National Assembly.

It noted that the budget was “good enough”, having come from a collaborative effort by the Executive and the National Assembly, but added that it was not “100 per cent perfect.”

Buhari had signed the 2020 Appropriation Bill into law last Tuesday after the National Assembly transmitted the total figure of N10.59tn to him.

The budget was N263.9bn higher than the N10.33tn proposal he laid before lawmakers on October 8.

The additional figure was not lost on Buhari as he appended his signature to the money bill.

While thanking the lawmakers for delivering the budget within two months, the President announced that having studied the additions, he might consider sending amendment requests to the National Assembly soon for ease of implementing the adjustments.