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PMB Presents 2019 Budget To NASS Next Week - Politics - Nairaland

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PMB Presents 2019 Budget To NASS Next Week by 1Ebiscoo: 5:49am On Dec 06
President Muhammadu Buhari is expected to present the 2019 budget to the National Assembly next week.

LEADERSHIP gathered that the president will tomorrow chair a special session of the Federal Executive Council (FEC) to deliberate and approve the 2019 budget.

Special adviser on media to the president, Femi Adesina, who disclosed this after the FEC meeting presided over by Vice President Yemi Osinbajo at the presidential villa, Abuja, yesterday, said the FEC meeting is expected to put finishing touches to the budget after which the president will then forward it as Appropriation Bill to the National Assembly.

Adesina said, “On Friday, by 10:30am there is going to be a special section of the Federal Executive Council (FEC). The intention is to look at the budget, get the proposals approved by FEC and then it will be transmitted to the National Assembly. So, that happens on Friday by 10am.”

There were concerns that the president may not present the budget to the National Assembly this year. However, with FEC’s expected approval tomorrow, there are indications that the legislature will get the budget before going on Christmas recess.

A reliable presidency source told LEADERSHIP that President Buhari will present the budget to the National Assembly next week. Our source however could not confirm the specific date.

LEADERSHIP recalls that the Federal Executive Council had in October approved the 2019-2021 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategic Paper (FSP) .

FEC also approved a budget proposal of N8.73 trillion for the 2019 fiscal year which is about N400 billion lower than that of 2018.

Meanwhile, during his briefing, the minister of power, works and housing, Babatunde Fashola, disclosed that FEC had approved N1.6 billion for the Osegudu-Uweto road, which is a bridge that links the North and South of the country.

He said, “We had only one memorandum and it was just a cost review memorandum really – to approve cost variations on Osegudu-Uweto road. That road, as you might know, links the Loko-Uweto road, which is now substantially completed.

“The Usegudu-Uweto road links the road to that bridge on the Benue side that helps connect Nasarawa from the Loko side to Benue.

“The importance of the Loko-Uweto road, which we have substantially now completed, is that it is the bridge that links the North and South of Nigeria, unlike the old Niger Bridge and the Second Niger Bridge which link the East and the West.

“Linking the bridge reduces journey time from that part of the country and the eastern part of Nigeria, especially people who link through Makurdi, Enugu and all of that coming to Abuja.”

According to the minister, when the project is completed, it would significantly reduce the travel time of motorists and commuters on that route.

Fashola explained that the revision of the contract sum was due to the fact that the contract was awarded using 2010 rates and the contractor asked for a review to cushion rising cost and naira depreciation, a request FEC approved.

The minister disclosed that the initial cost of the bridge was about N7.9 billion while the variation is about N1.6 billion, taking the total cost to N9.5 billion.

“The contractor is on site working and he would feel comforted now that, at least, his rates have been improved and expect that his certificate would be paid,” he stated.

On his part, the minister of transportation, Rotimi Amaechi, disclosed that the Council approved N551million for the building of a National Freight Office in Jibia, Katsina State.

“We awarded the National Freight Office in Jibia for the sum of N551,810,060 million and the contract is to last for 36 weeks. You know that the National Freight Office is usually located at a border post. So, the border post between Katsina and Niger Republic, that is where it is located,” he said.

http://mcebiscoo.com/2018/12/06/pmb-presents-2019-budget-to-nass-next-week/

3 Likes

Re: PMB Presents 2019 Budget To NASS Next Week by TheGreenLand: 6:00am On Dec 06
SAI BABA till ANYTIME we want him to go......

Keep taking us on the right track to THE NEXT LEVEL Baba for the boys and correct babes.


We know we are safe with you at the helm of affairs, we sane Nigerians I mean!

11 Likes 2 Shares

Re: PMB Presents 2019 Budget To NASS Next Week by lonelydora: 6:01am On Dec 06
Nonsense! What has Jubril from Sudan done with the past budgets?


Not again, we are sending him back to Sudan come 2019

10 Likes

Re: PMB Presents 2019 Budget To NASS Next Week by dingbang(m): 6:01am On Dec 06
Dabaru government

5 Likes

Re: PMB Presents 2019 Budget To NASS Next Week by Vicrotica(m): 6:01am On Dec 06
Mmmm, we need changes


Or I'm leaving


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Re: PMB Presents 2019 Budget To NASS Next Week by Nellybank(m): 6:02am On Dec 06
What is wrong with this robot. As if he doesn't know that general election is in February that he is going back to daura.

7 Likes 1 Share

Re: PMB Presents 2019 Budget To NASS Next Week by TheGreenLand: 6:02am On Dec 06
lonelydora:
Nonsense
Nellybank:
What is wrong with this robot.

Hug transformer.
Children of hate.
Haters of every good news.
Hatred kills faster than HIV.

14 Likes 1 Share

Re: PMB Presents 2019 Budget To NASS Next Week by TheGreenLand: 6:04am On Dec 06
Vicrotica:
Mmmm, we need changes
Or I'm leaving
Safe trip!

8 Likes 1 Share

Re: PMB Presents 2019 Budget To NASS Next Week by Magalan: 6:04am On Dec 06
Hmmm
Re: PMB Presents 2019 Budget To NASS Next Week by supereagle(m): 6:04am On Dec 06
Saraki
Re: PMB Presents 2019 Budget To NASS Next Week by DamZik(m): 6:06am On Dec 06
What has he achieved with the past budget? Does he understand its content?

5 Likes

Re: PMB Presents 2019 Budget To NASS Next Week by BlackPantherxXx: 6:06am On Dec 06
grin

I hope the 9th Senate would be a better one.

Buhari would not sign that Electoral Bill no matter how much Saraki et al. wail tongue

4 Likes

Re: PMB Presents 2019 Budget To NASS Next Week by oluwatosink(m): 6:06am On Dec 06
Osinbajo, Adeshina,Fashola those are the real people.. taking nigeria to the promise land which no man or party can hinder..
Weldone my people


#Osinbajobuhari2019

3 Likes 1 Share

Re: PMB Presents 2019 Budget To NASS Next Week by Lexusgs430: 6:06am On Dec 06
Next Level of continuous poverty......

5 Likes

Re: PMB Presents 2019 Budget To NASS Next Week by punisha: 6:06am On Dec 06
TheGreenLand:
SAI BABA till ANYTIME we want him to go......

Keep taking us on the right track to THE NEXT LEVEL Baba for the boys and correct babes.


We know we are safe with you at the helm of affairs, we sane Nigerians I mean!



That u console yourself with the thoughts of being sane is commendable.

But we all know...you and your lots have lost touch of what sanity is.

Our prayers are with you.

Receive your healing.

16 Likes 1 Share

Re: PMB Presents 2019 Budget To NASS Next Week by Vicrotica(m): 6:07am On Dec 06
GreenLand, I'll be across there when you change your name to Greyland grin

TheGreenLand:

Safe trip!

1 Like

Re: PMB Presents 2019 Budget To NASS Next Week by Nellybank(m): 6:07am On Dec 06
You better handle d remote very well if u are with it coz you will be controlling him back to daura
TheGreenLand:



Hug transformer.
Children of hate.
Haters of every good news.
Hatred kills faster than HIV.

1 Like

Re: PMB Presents 2019 Budget To NASS Next Week by TheGreenLand: 6:09am On Dec 06
punisha:


That u console yourself with the thoughts of being sane is commendable.
But we all know...you and your lots have lost touch of what sanity is.
Our prayers are with you.
Receive your healing.
cheesy grin cheesy grin Mr clone

4 Likes 1 Share

Re: PMB Presents 2019 Budget To NASS Next Week by XINOIX(m): 6:11am On Dec 06
..
Re: PMB Presents 2019 Budget To NASS Next Week by Hisxellency: 6:13am On Dec 06
Still wondering what they did with the last Budget
Re: PMB Presents 2019 Budget To NASS Next Week by MrSix: 6:13am On Dec 06
Which kind heading be this?









I sell Grade1 USA used Laptops
What's your spec and or budget? Don't worry yet.
Message me on whatsapp lets make a deal
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Re: PMB Presents 2019 Budget To NASS Next Week by greatiyk4u(m): 6:13am On Dec 06
And NASS will delay till September to pass the budget

1 Like

Re: PMB Presents 2019 Budget To NASS Next Week by discusant: 6:15am On Dec 06
Nigeria can't have a 80 years president in 2023. Present your last budget and prepare to leave on or before May 29, 2019.
Nigeria has hundreds of thousands of younger, better educated, less corrupt and lesser Islamic extremist presidential materials than president Muhammadu Buhari.

Your appointment of your relation as INEC chairman needs to be addressed quickly

1 Like

Re: PMB Presents 2019 Budget To NASS Next Week by Duplik8t77(m): 6:15am On Dec 06
another budget padding loading
Re: PMB Presents 2019 Budget To NASS Next Week by computerglobal(m): 6:21am On Dec 06
greatiybk4u:
And NASS will delay till September to pass the budget

You know ur country..

Are you buying a vehicle this period?


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1 Like

Re: PMB Presents 2019 Budget To NASS Next Week by emperorblog21(m): 6:21am On Dec 06
all for d money
Re: PMB Presents 2019 Budget To NASS Next Week by israelmao(m): 6:22am On Dec 06
His last
Re: PMB Presents 2019 Budget To NASS Next Week by Beress(f): 6:24am On Dec 06
Budget of yam
Re: PMB Presents 2019 Budget To NASS Next Week by demoBaba: 6:24am On Dec 06
Wetin..........bikiafuuuuu
Wetin we gain if we no ride Benz.....
Re: PMB Presents 2019 Budget To NASS Next Week by netpro(m): 6:30am On Dec 06


The Man with a Plan for a Great and Prosperous Nigeria. President Buhari all the way. God bless Nigeria!

2 Likes 1 Share

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