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Senate Passes N9.1trn 2018 Budget

Senate Passes N9.1trn 2018 Budget

by | 17th May 2018

The Senate has passed the 2018 Appropriation Bill following the consideration and adoption of the report by the joint National Assembly Committee on Appropriation.

 

The budget had been presented before the National Assembly In November by President Muhammadu Buhari, where he proposed a sum of N8.6 trillion

 

The report had been tendered during the Tuesday plenary, and was considered and adopted on Wednesday.

 

The budget was raised by N500 million to a total sum of N9.1 trillion, with the oil benchmark increased from $45 to $51 per barrel.

 

 

 

 

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