The Federal Executive Council (FEC) approved the bill for presentation at its meeting yesterday, Budget and Economic Planning Minister Atiku Bagudu told reporters at the State House in Abuja. According to him the N27.5 trillion proposal is an increase of over N1.5 trillion when compared to the earlier projection of N26.01 trillion. The lawmakers would have to work round the clock to screen the figures and pass the Bill it for the President’s assent expected to be by December 31.
A source said: “Don’t forget that the Senate President, who is the Chairman of the National Assembly, had vowed the commitment of the 10th National Assembly to keep to the January-December cycle. “Also, don’t forget that the President had warned ministers and heads of Ministries, Departments and Agencies (MDAs) to always honour the summons of the National Assembly Committees as a matter of duty. “Gone were the days when heads of MDAs will travel out of the country to evade appearing before relevant committee
Nigeria Federal Executive Council Budget Proposal N27.5 Trillion Lawmakers President's Assent
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