Reports just coming out of Abuja, the seat of power, has indicated that President Muhammadu Buhari has this today, Tuesday, November 7, presented a budget expenditure proposal of N8.6 trillion for 2018 before a joint session of the National Assembly for consideration.
According to the President, the budget titled ‘Budget of Consolidation’ will be partly financed with the N1.699 trillion the Federal Government plans to borrow.
He declared further that the 2018 Budget would return to a cycle that starts from January and ends in December unlike in previous years where budget presentation timing habitually ran out of alignment.
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