President Muhammadu Buhari
The Minister of State for Budget and National Planning, Zainab Ahmed, has hinted that President Muhammadu Buhari will present the 2019 budget to the National Assembly when they reconvene in September.
The Minister told Daily Trust that this was to restore the January to December budget cycle.
She said: “Our aspirations is that we want to meet the requirements of the law to submit it by September but as you know the National assembly is itself away on recess and they resume by September.”
Ahmed said the N1.56 trillion spent by the federal government on capital projects was the highest amount ever spent on capital projects in the history of Nigeria.
She noted that the federal government released 60 per cent of the total N2.2 trillion budgeted for capital projects in 2017, the highest value ever.
The Minister said the 2017 budget did well as the nation executed 100 per cent of the personnel component.