Categories: AFRICA

Nigeria President to Present 2021 Budget Thursday

Nigeria’s President Muhammadu Buhari has indicated he will present the 2021 budget at a joint session of the National Assembly on Thursday, October 8, 2020.

The Nigerian leader made his intention known in a letter to the legislature and read by the Senate President Ahmed Lawan on Tuesday at the resumption of plenary.

Lawan, had upon resumption of Senate plenary after a two-month annual vacation last Tuesday hinted that the Executive arm of government will this week present the 2021 budget estimates to the National Assembly.

He said the budget proposal will be subjected to scrutiny by relevant committees of the upper legislative chamber in October during which heads of ministries, departments, and agencies (MDAs) will be expected to defend their estimates.

According to him, the Appropriation Bill is expected to be passed in the early week of December “so that it can be transmitted to the President for his assent before the end of 2020”.

By Abel Ejikeme

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