The House of Representatives has said
that a clean copy of the 2018 budget will be on the table of President
Muhammadu Buhari within one week from the date of passage.
The National Assembly passed the N9.12tn
budget on Wednesday last week after the Appropriation Bill had spent
more than six months at the legislature.
The final figure was raised by over
N508bn from the initial estimates of N8.612tn that the President laid
before lawmakers on November 7, 2017.
The Chairman, House Committee on Media
and Public Affairs, Mr. Abdulrazak Namdas, told our correspondent in
Abuja on Sunday that by Wednesday this week, the budget would have been
sent to the President.
He explained that there was not much
work left to be done on the budget other than for the Senate and House
Conference Committees to meet and harmonise the differences in the
document.
Namdas explained, “The areas of
differences are just three, including the provision that the Executive
should not spend any funds outside this budget without appropriation by
the National Assembly.
“This was inserted to take care of
extra-budgetary spending like fuel subsidy or what they call ‘under
recovery.’ The Senate is not likely to oppose the provision. On all
other areas like the total budget size of N9.12tn, we are on the same
page. There is really nothing much to cause further delays.”
When contacted, the Deputy Chairman,
House Committee on Appropriation, Mr. Chris Azubuogu, stated that the
Senate and the House would meet in conference today (Monday).
Azubuogu said, “After the conference, the harmonised report will be adopted on Tuesday by both chambers and that will be all.
“The rest of the work, which is to clean
up the budget, will be done by the Office of the Clerk to the National
Assembly, who will thereafter transmit the budget to Mr. President.”
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