President Muhammadu Buhari finlly signed Nigeria's N9.012 trillion appropriation bill into law on Wednesday, June 20, 2018, seven months after he first presented it to the National Assembly in November 2017.

After the signing of the 2017 budget in May 2017, the presidency had expressed its commitment to submitting the 2018 budget early enough to get it passed by January 2018 as an expression of its desire to move Nigeria towards a predictable January-December timetable to cover the financial year.

The twists and turns that have occurred in relation to the bill since that presentation have been nothing short of wince-inducing political manoeuvring, as usual.

However, even though the presidency initially promised severally to present the budget to the national assembly by October 2017, it was late by a month. Buhari presented an N8.612 trillion budget proposal to a joint session of the upper and lower legislative chamber with the hope that it would be passed early in 2018.



http://9jabrainz.com/t/218

Okay