President Buhari signs N8.92tr 2019 budget into law

President Buhari signs N8.92tr 2019 budget into law

President Muhammadu Buhari

President Muhammadu Buhari on Monday in Abuja signed the 2019 appropriation bill of N8.92 trillion into law.

The president had submitted the 2019 budget of N8.83trillion to the Senate but was increased by about N10billion by the Upper House, bringing the amount to N8.92trillion.

The budget signing ceremony, which took place at the President’s mini-conference hall, was witnessed by the Senate President Bukola Saraki, Speaker of the House of Representatives Yakubu Dogara, Secretary to the Government of the Federation Boss Mustapha and the Chief of Staff to the President, Abba Kyari. 

Others at the event were the Ministers of Finance, Zainab Ahmed, Budget and National Planning, Udoma Udo Udoma, Information and Culture, Lai Mohammed and Chairman of the Senate Committee on Appropriations, Danjuma Goje. 

The Senior Special Assistant (SSA) to the President on National Assembly Matters (Senate), Sen. Ita Enang and his counterpart for the House of Representatives, Umar El-Yakub were also at the event.

The President said he signed the bill because he didn’t want to further slow down the pace of recovery of Nigeria’s economy, and further disclosed that he’ll send “a supplementary and/or amendment budget” to the National Assembly to rectify the critical issues he raised.

 

 

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