Buhari Picks Dec 14th to Address National Assembly on Budget, Recession

imagesPresident Muhammadu Buhari will address a joint session of the national assembly on the 2017 budget on December 14.

In a letter to the senate read by Bukola Saraki, the president said he would also speak on his plans to get the economy out of recession.

Last week, the federal‎ executive council (FEC) approved the 2017 budget, which is estimated to be N7.02trn. The 2016 budget is N6.08trn.

Next year’s budget is predicated on an‎ oil benchmark of $42.5 per barrel.

The senate has already considered the medium term expenditure framework, which is a precusor to the budget.

Facebook Comments Box
Copyright 2024 ROYAL NEWS. All rights reserved. Digital material on this website, may not be published, reproduced, broadcast, rewritten or redistributed in whole or in part without prior express written permission from ROYAL NEWS.
 

For Adverts and News/Event Coverage, contact 08061346946, 07030849251. Or email info@royalnews.com.ng

Download ROYAL NEWS app

Html code here! Replace this with any non empty raw html code and that's it.

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Subscribe

Popular News

Latest News

More like this
Related

Emir Sulu-Gambari rejoices with Balogun Alanamu as he becomes Associate Professor of Mathematics

The Emir of Ilorin and Chairman Kwara State Traditional...

Group commends Tinubu over N758bn bond to offset pension arrears

A prominent non governmental organization, NGO, the Muslim Media...

BREAKING…Another political giant dies in Kwara, Gov. AbdulRazaq mourns

A political giant from Moro Local Government Area of...

Senate confirms appointments of NASC, PSC nominees

Senate has confirmed the appointment of Dr. Saviour Enyiekere...

Breaking….Senate defers approval of State of Emergency in Rivers

Senate on Wednesday stepped down four items listed on...

Court rejects EFCC’s additional proof of evidence on Emefiele’s trial

A High Court of the Federal Capital Territory (FCT),...

Tinubu swears-in Vice Admiral Ibok-Ete Ibas as Rivers State Sole Administrator

President Bola Ahmed Tinubu has sworn in the Sole...

Zimbabwean woman beats hubby

A Zimbabwean Magistrate will continue tomorrow, the trial of...

Gas project: Senate faults Saipem over alleged violation of Local Content Act

Senate Committee on Local Content has  berated Saipem Contracting...

(PHOTOS) KAM Holding hosts 13th annual Xmas Carol in Kwara

BEING TEXT OF ADDRESS DELIVERED BY THE VICE CHAIRPERSON...

N1bn car gifts: Group demands probe of ex- Justice Minister, Abubakar Malami

Human and Environmental Agenda, a civil society organisation, has...

Group advocates rights of persons living with disability

By Oluseyi Dasilva, Ilorin Barrister Wonder Ajibobola, a consultant...

No substitute to democracy, Atiku eulogises late MKO at June 12

The former Vice President of Nigeria, Alhaji Atiku Abubakar...

Two more internet fraudsters jailed in Kwara + 2 Photos

  A corps member currently serving in Ogbomosho, Oyo State,...

Gov. Wike seeks lawmakers’ approval for N18bn Access Bank loan

Governor Nyesom Wike of Rivers State has requested for...

Burna Boy, Wizkid Grammy Awards: Global endorsement of Afrobeat – Lai Mohammed

Alhaji Lai Mohammed, Minister of Information and Culture, on...

Aisha Buhari promises help for Chibok schoolgirls

By Ahmed Ubandoma The wife of the President, Aisha Buhari,...