The National Assembly has postponed the approval of this year’s budget till May 2018.
This is contrary to expectations that the 2018 budget estimates of N8.612 trillion would be passed by April.
Chairman, House Committee on Appropriations, Mustapha Dawaki, who made this known explained that if the budget was not passed by April 24 as assured by the Speaker, House of Representatives, Yakubu Dogara, then the N2.06 trillion 2017 capital budget would run till May 31.
The hearing was jointly organised by the Senate and House Committees on Appropriation.
Both legislative chambers had blamed the delay in the approval of the bill to refusal of heads of ministries, departments and agencies to come forward and defend their respective budget proposals.
Enterprise Television is Africa’s business broadcasting hub of experience connecting entrepreneurs with their aspirations.
We report stories, market news, data analysis and host shows with creative expression to serve public interest.
Watch Enterprise Television on http://www.enterprisetv.tv
Connect with us on…