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Home Business News

Budget 2018: Udoma says October presentation date no more feasible

Chris Pemu by Chris Pemu
September 28, 2017
in Business News
Senator-Udo-Udoma
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Minister of Budget and National Planning Sen. Udoma Udo Udoma has hinted that the 2018 budget proposal will be sent to the National Assembly in January. The Minister had earlier announced that the budget would be ready early October.
Sen. Udoma clariified this during the public presentation and capacity building on 2017 agriculture budget on Wednesday.
Udoma assured that with the effort of relevant stakeholders, the issue of late passage of budget would be a thing of the past.

“For 2018, the Federal Government part of it has been concluded with the hope that it will be submitted to the national assembly in January,” he said.
“Government is putting more effort to address the issue of dry season farming because when the budget is passed on time, it will enable it to provide funds for farmers promptly.”

The minister was represented by the Deputy Director, Economic Growth in the ministry, Mr Aso Vakporoye
You may recall that last December 2016, President Muhammadu Buhari presented the 2017 proposed budget of N7.28 trillion to a joint session of the National Assembly.

 

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