Browsing: 2018 Budget

Umahi said during the occasion in Abakaliki that the State Executive Council painstakingly reviewed the performance of the 2018 Budget and expressed satisfaction with its implementation.

Buhari, who represented by the Secretary to the Government of Federation, Boss Mustapha, at the National Assembly Open Week, expressed dissatisfaction over the failure of the National Assembly members to pass the 2018 Budget earlier in order to return from the budget cycle to January to December

Examples of increase are the budget of the National Assembly itself which was increased from N125 billion to N139.5 billion. This shows an increase of N14.5 billion. The provisions for statutory transfers were also increased by an aggregate of N73.96 billion. Most of the increases in statutory transfers are for recurrent. This is not in the best interest of Nigeria since the present government is trying to keep down the cost of governance.