The Federal Government plans to spend about N8.6tn next year, written in the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper, the President had earlier sent to the National Assembly.
Nigerian President Muhammadu Buhari would be presenting the 2018 National Budget to a joint session of the National Assembly today, Tuesday by 2pm in Abuja.
The President had earlier written to the Senate and House of Representatives respectively, requesting for permission to present the appropriation bill before the law makers today in Aso Rock.
Recall that some members of the House of Representatives were against the President’s request, which was read before the house by the Speaker Yakubu Dogara.
Amid reading of the letter from the President by Dogara, some members of the house were asking; “What about the 2017 budget? Have they implemented the 2017 budget? No, take the letter back,” they shouted.
The reaction indicates that majority of the House members disagree with the President’s request.
From the information we gathered, the Federal Government plans to spend about N8.6tn next year and the figure is written in the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper, the President had earlier sent to the National Assembly.
However, the Senate President Bukola Saraki with Dogara have been making serious effort to calm the mind of those grieved house members, so that they will not make any form of problem during the time of the presentation by the President.
For now, we have not gotten any reaction from the Senate concerning the presentation, but no body can tell what is going to happen at the scene today.
Again, the reason why some members of the House of Reps are kicking against the presentation, is mainly on the issue with the implementation of the 2017 Budget.