By Modupe Gbadeyanka
The 2019 Appropriation Bill has been approved by the Federal Executive Council (FEC).
The 2019 budget was approved for presentation on Thursday at a special FEC meeting presided over by President Muhammadu Buhari in Abuja.
The executive arm of government is proposing to spend the sum of N8.6 trillion for the 2019 fiscal year.
Minister for Budget and National planning, Mr Udoma Udoma, who briefed State House correspondents at the end of the FEC meeting today, said a date for the presentation of the budget was yet to be fixed.
Mr Udoma said the executive will liaise with the parliament to agree on a date for such exercise.
Business Post reports that on November 7, 2017, President Buhari presented the 2018 budget to a joint session of the National Assembly.
The appropriation bill was later passed by the parliament in May 2018 and signed into law by the President in June 2018.
more recommended stories
SEC Modifies Processes of Listing on Nigerian Stock Exchange
By Modupe Gbadeyanka In order to.
Forte Oil to Pay Interim Dividend of N1.15k June 10
By Dipo Olowookere The board of.
NSE Releases Effective Dates of Five New Rules
By Dipo Olowookere The Nigerian Stock.
Wari Takes Financial Services Closer to Customers on WhatsApp
In order to make its customers.
Second 30-Year Bond Sale Records 336% Subscription
By Dipo Olowookere At the May.
FBNQuest Complies With GIPS to Boost Investor Confidence
A subsidiary of FBNQuest Merchant Bank.
Stock Market Gains N408bn as MTN Nigeria Listing Frenzy Persists
By Dipo Olowookere Transactions on the.
Facebook NG_Hub Trains 50,800 SMBs in Digital Skills
By Modupe Gbadeyanka Not less than.