Home Finance & Economy Buhari to present 2020 Budget proposal to NASS Today-Presidency

Buhari to present 2020 Budget proposal to NASS Today-Presidency

309
0

All plans have been concluded for President Muhammadu Buhari to present the 2020 Appropriation Bill to a joint session of the National Assembly (NASS) on Tuesday, the Presidency has revealed.

The Special Adviser to the President on Media and Publicity, Mr Femi Adesina, confirmed this development at the end of an extraordinary meeting of the Federal Executive Council (FEC).

The meeting which considered the 2020 budget proposals before its presentation to the National Assembly on Tuesday by 1:30 p.m., was presided over by President Buhari at the Council Chamber of the Presidential Villa, Abuja, on Monday.

Adesina, who briefly spoke to State House correspondents, said: “No briefing, we only looked at what we will present at the National Assembly tomorrow”, referring to Tuesday’s presentation of the 2020 budget proposal to the NASS by President Buhari.

President Buhari is expected to lay the 2020 budget before a joint session of the Senate and House of Representatives on Oct. 8 for approval, “as the country intends to revert to the January to December budget cycle.”

Stakeholders, however, believed that It early presentation of the 2020 budget and its confirmation by the NASS would enhance the return of the annual fiscal proposal cycle from May-June to January-December.

LEAVE A REPLY

Please enter your comment!
Please enter your name here