Will President Buhari Signs N9.12trillion Of The 2018 Appropriation Bill On Wednesday?

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There are fears that the 2018 Appropriation bill may face the same delay that mar the 2017 budget if the federal executives fail to put certain things in order; even though it was widely reported by the media that the bill would be signed this week.

With the National Assemy having submitted the document to President Muhammadu Buhari some weeks back, it was expected that the bill would have been reviewed properly before been signed into law.

However, it will be recall that the Special Adviser to the President on Media and Publicity, Femi Adesina had hinted last Wednesday, that the budget will be signed this week without revealing the exact day and time.

There are rumours also that the Minister of Budget and National Planning, Senator Udoma Udo Udoma, is expected to give a breakdown of the national budget on Thursday after being signed into law by Buhari Wednesday.

The National Assembly passed the budget on May 16, over seven months after the president submitted the proposals to the lawmaker.

Buhari presented a proposed budget of eight trillion, six hundred and twelve billion, two hundred and thirty-six million, nine hundred and fifty-three thousand, two hundred and fourteen Naira (N8,612, 236,953,214) to the lawmakers.

The National Assembly, however, increased the proposal by N508billion bringing it to N9.12 trillion from the original estimate of N8.6 trillion.

During the budget presentation, the president had noted that the Appropriation Bill will consolidate on the achievements of the previous budget and that 2018 is expected to be a year of better outcomes.

In all, nothing should be taking away from President Muhammadu Buhari knowing fully that it’s gotting to a stage where a careful analysis must be done go the bill before putting pen into paper.

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