President Muhammadu Buhari will on Wednesday next week present the 2019 budget proposal to the joint session of the National Assembly.
T
his was contained in a letter transmitted to the Speaker of the House of Representatives, Yakubu Dogara and read during the plenary session on Thursday.
Parts of the letter read: “May I crave the kind indulgence of the House of Representatives to grant me the slot of 11 hours on Wednesday, 19th December, 2018 to formally present the 2019 appropriation bill in a joint session and lay before the NASS the 2019 budget proposal.”
The Federal Government had earlier said that next year’s budget would be N8.7tn, a drop from the N9.12tn approved for 2018.
The 2019-2021 Medium Term Expenditure Framework and Fiscal Strategy Paper already laid before the National Assembly contained N8.7tn as the budget size for 2019.
FEC in October 24, approved the MTEF.