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Breaking: President Muhammadu Buhari signs 2018 budget

Saraki, Dogara absent as Buhari signs 2018 budget

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President Muhammadu Buhari has signed the 2018 Appropriation Bill into law.

President Muhammadu Buhari has signed the 2018 appropriation bill containing the year’s federal spending details as approved by the National Assembly.

Mr Buhari signed the budget at about 12 noon on Wednesday inside his office at the presidential villa Abuja.

The total budget is N9.1 trillion, up from the N8.6 trillion estimates he submitted to the Assembly on November 7, 2017.
Buhari signing the 2018 appropriation bill into law
Buhari signing the 2018 appropriation bill into law
The two chambers of the National Assembly passed the budget on May 16, six months after it was presented by the president.
The Assembly raised the total figure by N500 million.
They also increased the oil benchmark proposed by the executive from $45 to $51 per barrel.
Consequently, both the President of the Senate Bukola Saraki and the speaker of the House Yakubu Dogara were absent at the ceremony.

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