Buhari to present 2017 budget on Dec 14

Buhari to present 2017 budget on Dec 14


President Muhammadu Buhari has scheduled Wednesday next week for presentation of the 2017 budget to the joint session of National Assembly.

This was disclosed in a letter the president addressed to Senate President, Bukola Saraki, which the latter has read out at the commencement of plenary.

“Permit me to pick 10:00 hour on Wednesday 14th December to formally address the joint session of National Assembly on 2017 budget and plans to move the our country out of the recession,” part of the letter read.

The Senate recently commenced debate on the 2017-2019 Medium-Term Expenditure Framework (MTEF) to pave way for the president to present the 2017 budget.

Buhari had earlier said he will present the 2017 budget to the National Assembly on December 1.

Senate minority leader, Senator Godswill Akpabio, gave out the information during a debate on the floor of the Senate last month.

He told his colleagues that the Senate President, Dr Bukola Saraki, had confirmed that President Buhari would be presenting the new budget on December 1.

The development is coming on the heels of the decision by the Senate to debate the 2017 to 2019 Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSS).

President Buhari in October forwarded a request to the National Assembly seeking approval for a sum of N180.8 billion as a virement to fund shortfalls in the 2016 Budget according to News24.