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Tuesday, 19 May 2015

President Jonathan Signs N4.42tn 2015 Budget Into Law

Nigeria - President Goodluck Jonathan few days ago has signed the 2015 Appropriation Bill into law, Punch reports.

Excerpt:

The Senate had passed the 2015 budget on April 28, following the passage of the same bill by the House of Representatives on April 23, with an expenditure outlay of N4.493tn, up from the N4.425tn proposed by the Executive.

There have been concerns among Nigerians on whether Jonathan will sign the budget before May 29 when he will formally hand over to Muhammadu Buhari or he will leave it behind for the incoming administration which is believed may still prepare a supplementary budget.

But a Presidency source told our correspondent that the President signed the budget about two weeks ago immediately after the document passed by the National Assembly was transmitted to him.

The source, however, said he did not know why the President chose to sign the document without making it public.


Read more on www.jaxnigeria.blogspot.com
#Nigeria #Jonathan #Punch

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