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2015 Budget: Lame duck House of reps add N134.5billion to budget

Nairametrics by Nairametrics
April 24, 2015
in Uncategorized
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  • The House of Representatives passed the 2015 budget on Thursday, jacking up the original proposal submitted by the Executive by N134.5bn.
  • The final figure passed by the lawmakers was N4.493tn up from the N4.357tn President Goodluck Jonathan sent to the National Assembly in the last quarter of 2014.
  • The passage of the financial document came with just 36 days left in the life of the Jonathan administration. However, the House spokesperson, Mr. Zakari Mohammed, said by passing the budget, the legislators merely performed their constitutional duty, not minding the fact that there would a change of government in less than six weeks.
  • Mohammed, who spoke soon after the House rose, explained that it was up to the President-elect, Maj.-Gen. Muhammadu Buhari (retd), to work with the budget or make some adjustments.
  • Source:Punch
Tags: News Review
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