Buhari may not sign 2018 budget – Minister
NEWS DIGEST – Minister of Budget and National Planning, Udoma Udo Udoma, has hinted that President Muhammadu Buhari might not assent to the 2018 budget recently raised to N9.1 trillion by the National Assembly with additional N501 billion.
In a chat with Daily Sun Newspaper, Special Adviser on Media to the Minister, Akpandem James, said the N501 billion addition by the legislature might not be feasible.
Udoma added that the National Assembly would have to tell Nigerians if they have discovered another revenue stream unknown to the Federal Government to cover the raise.
“When we see the details, we will be in a better position to know how they came about it.
“We will see if they have discovered another revenue stream, which we were not aware of, or just relying on increased crude oil price,” he said.
The NEWS DIGEST reports that the 2018 budget is the highest since Nigeria’s return to democracy.