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FEC Approves 2019 Budget Proposals of N8.73 trillion

The Federal Executive Council (FEC) presided over by President Muhammadu Buhari, on Friday in Abuja approved the 2019 Executive Budget Proposals of N8.73 trillion to be presented to the National Assembly for approval.

Minister of Budget and National Planning, Sen. Udoma Udo Udoma, who briefed State House correspondents after the extraordinary FEC, said the proposals would be sent to the National Assembly.

The minister, however, did not give the budget figures, saying it was the president’s prerogative.

“They will be presented to the National Assembly; we will have to consult them in terms of the date of that presentation.

“The budget is the president’s budget; it is the president that presents it; I will like to be usurping his authority if I give further details; he presents the budget.

“We are hoping to be in touch with the National Assembly as soon as possible.

“They have to agree to the date they will receive the budget; we are going to be in touch with them immediately; but the budget is ready.

“If I speculate on that, I will be encroaching on the role of the National Assembly,’’ he said.



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Farouk Mohammed
the authorFarouk Mohammed
Chief Editor
Farouk Mohammed is a Senior Editor at Okay Nigeria (OkayNG.com). He has been publishing for 5 years and focused more on Local/World News on OkayNG.com.

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