President Umar Musa Yar'Adua, earlier in the day, presented the 2008 Budget to the Joint Session of the National Assembly in Abuja.
The preparation of the 2008 budget, according to the president, was "informed by the need to be disciplined, focused and strategic. We placed emphasis on containing costs so as to enhance value for money," he said.
According to the him, "All the major line Ministries were requested to reappraise in detail their initial proposals, keeping in view the need to strengthen public expenditure management and ensure transparency, accountability and value for money, with emphasis on completing on-going projects," he added.
http://www.tribune.com.ng/09112007/news/news4.htmlhttp://dailytrust.com/images/stories/2008_budget.pdf (for full speech)