Buhari to present 2020 Budget proposal to NASS Tuesday – Presidency
http://www.hrlnews.com/2019/10/buhari-to-present-2020-budget-proposal.html
The Presidency says President Muhammadu Buhari is set to present the
2020 Appropriation Bill to a joint session of the National Assembly
(NASS) on Tuesday.
Mr Femi Adesina, the Special Adviser to the President on Media and
Publicity, 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 Nuhari 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.”
The News Agency of Nigeria (NAN) reports that the early presentation
of the 2020 budget is meant to return the Federal Government budget
cycle from May-June to January-December.
The Senate had on Thursday increased the proposed 2020 budget from N10.007 billion to N10.729trillion.
However, President Buhari and the leadership of the National Assembly
had on Sunday night (Oct. 6) met behind closed doors at the President’s
official residence in Abuja in what appeared to be `2020 budget
reconciliation meeting’.
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