Buhari to present 2018 budget today

FILE PHOTO: President Muhammadu Buhari presenting the 2016 Budget to the National Assembly
FILE PHOTO: President Muhammadu Buhari presenting the 2016 Budget to the National Assembly

All is set for President Muhammadu Buhari to present the 2018 budget proposals to a joint session of the National Assembly today, Tuesday.

The president had in a letter on November 2 formally informed the Senate and the House of Representatives of the presentation of the appropriation bill.

“In pursuant to Section 81 of the 1999 Constitution, may I crave the kind indulgence of the National Assembly to grant me the slot of 1400 hours on Tuesday, November 7, 2017, to formally address a joint session and lay before the NASS the 2018 budget proposal,” the president said..

Mr. Buhari had earlier sent the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper to the National Assembly.

The submission of the documents usually precedes the presentation of the budget estimates to the National Assembly in pursuant to provisions of the Fiscal Responsibility Act, 2007.

The budget presentation is scheduled to hold by 2 p.m.


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  • forestgee

    Another annual ritual…the poor gets poorer and the rich gets richer with paradise papers. Just another day of deceit

    • Dan Arewa

      Hey man, we are reading “Buhari to present 2018 budget” and you ate busy posting about Paradiise papers.
      If you have issue with Paradise, go to court.

      • forestgee

        It is proceeds of the ritual budgets they convert to loot paradise while the poor masses are stranded. Understand what I wrote.

        • Dan Arewa

          I don`t. Budget is for all Nigerians while Paradise safe account is personal and private.

      • Victoria

        Looters budget

        • emmanuel

          It is a winner-steal-all budget.
          Crude Oil has been at average of $52.00 per barrel, Oil production has doubled since NDA stopped bombing over a year ago, yet to money is released.
          Of the N450 billion said to have been for capital project, N100 billion was borrowed. so where have they put all the big difference into?
          Meanwhile, the contractors have sworn that they have not received anything to-date in 2017. The major ones are stylishly leaving site again.
          Will Nigerians ever ask our leaders questions?

  • emmanuel

    Buhari set aside the 2015 budget he met on ground when he took over, ran Nigeria finances the remaining seven months as a personal purse, then padded 2016 and 2017 budget for his stealing streak and never implemented any, except the portion meant for himself and the demonic cabal.
    Why is he now in a hurry to present another document which neither him, Osibanjo the head of economic team, Minister of Finance will never understand?
    A President whose team kills mosguito and rats, then carry agbepo for N1.9 billion ($630 million ) the budget of some Eastern Europe nations in a year is a disgrace to humanity. How dare he stop the NASS from their own thievery through constituency project allowance?
    The world already know that the APC government is a winners – steal – all government. It made the “share the money” government of the PDP a child’s play.

  • Toughie Man

    2015 – 2017 where was it spent? Many APC states are owning salaries for months, no significant and visible project in any part of the country by the FG, yet budgets are rolled out yearly even lately. Well, well, well – strange things keep happening daily.

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