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Saraki

Senate President Saraki Greets President Muhammadu Buhari

Senate President Bukola Saraki has stated that President Muhammadu Buhari will on Friday receive the 2018 budget.

He disclosed this to State House a News Media correspondent after the breaking of Ramadan fast with the president at the Villa on Thursday.

Saraki explained that the delay in transmission of the budget to Buhari was informed by the fact that the two chambers of the National Assembly had passed different figures last week.

He, however, confirmed that the two chambers had harmonised the figures and concluded the exercise on Wednesday.

The senate president said: “I think that should have been done, we had to harmonise, its just a slight difference, it has been passed yesterday (Wednesday).

“It was in the rules and proceedings of today. So, I am sure by tomorrow, we will transmit it to the Presidency.”

The senate increased the 2018 budget from N8.612 trillion as proposed by Buhari to N9.12 trillion.

The senate also increased the crude oil benchmark price pegged for the budget from 45 dollars per barrel to 50.5 dollars per barrel.

By Admin

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