President Buhari approves 2019 Appropriation bill of N8.92trillion, signs into laws

President Buhari approves 2019 Appropriation bill of N8.92trillion, signs into laws

President Muhammadu Buhari on Monday in Abuja signed the 2019 Appropriation bill of N8.92 trillion into law. The president submitted the 2019 budget of N8.83trillion to the Senate but was increased by about N10billion by the Upper House, bringing the amount to N8.92trillion. The Senate President Bukola Saraki and the Speaker of the House of

President Muhammadu Buhari on Monday in Abuja signed the 2019 Appropriation bill of N8.92 trillion into law.

The president submitted the 2019 budget of N8.83trillion to the Senate but was increased by about N10billion by the Upper House, bringing the amount to N8.92trillion.

The Senate President Bukola Saraki and the Speaker of the House of Representatives,Yakubu Dogara are some of the dignitaries who witnessed the signing of the budget, which took place at the mini-conference hall of the president.

The Secretary to the Government of the Federation, Boss Mustapha and the Chief of Staff to the President, Malam Abba Kyari also witnessed the signing of the budget.

Others people present at the event were the Ministers of Finance (Zainab Ahmed), Budget and National Planning (Sen. Udoma Udu Udoma), Information and Culture (Lai Mohammed) and the Chairman of the Senate Committee on Appropriations, Sen. Danjuma Goje,

The Senior Special Assistant (SSA) to the President on National Assembly Matters (Senate), Sen. Ita Enang and his counterpart for the House of Representatives, Umar El-Yakub were also at the event.

Minister of Budget and National Planning, Udoma Udo Udoma, expressed his happiness with the implementation of the budget,says the government will work hard to recreate the same achievement and generate the revenues required to finance projects and programmes that’ll significantly improve the economy.

The president in his statement said he only signed the bill because he didn’t want to further slow down the pace of recovery of Nigeria’s economy, and further disclosed that he’ll send “a supplementary and/or amendment budget” to the national assembly to rectify the critical issues he raised.

 

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