President Buhari to Sign 2018 Budget Today

President Mohammadu Buhari

President Muhammadu Buhari will today Wednesday, June 20, 2018, at noon (12 pm) sign the 2018 Appropriation Bill into law. The Federal Executive Council (FEC) meeting with not hold this week because of the signing.

Senior Special Adviser to the President on Media and Publicity, Femi Adesina, had made this known in an emailed statement issued on Tuesday.

The National Assembly passed a 9.12 trillion naira ($29.8 billion) Appropriation Bill last month which is higher than the 8.6 trillion naira budget presented to parliament by the President in November, because lawmakers increased the assumed oil price to $51 per barrel, from $45.

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