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ProfRem
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Nigeria’s President, Muhammadu Buhari has presented the 2017 appropriation bill to a joint session of the National Assembly today.
1:58pm: The President arrived at the National Assembly and was received by the Senate President, Bukola Saraki; and the Speaker, Yakubu Dogara, when he entered the chamber.
2pm: After the opening prayers, Saraki set the tone for the presentation and called for closer ties between the legislature and executive, and transparency in the budget process.
2:30pm: Budget Presentation on-going by the President, Muhammadu Buhari
Budget Details: Crude Oil 42.5 Per barrel, 2.2 Million Per Barrel Output, N305/USD
LIVE: 2017 Budget Presentation By President Buhari
Meanwhile, the Minister of Budget and National Planning, Udoma Udoma says the federal government intends to spend 10 trillion naira and will issue new oil licenses as part of efforts to explore new streams of revenues to fund the 2017 budget.
Udoma made this known when he appeared before the Senate joint committee on appropriation and finance to defend the revised Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP).
1:58pm: The President arrived at the National Assembly and was received by the Senate President, Bukola Saraki; and the Speaker, Yakubu Dogara, when he entered the chamber.
2pm: After the opening prayers, Saraki set the tone for the presentation and called for closer ties between the legislature and executive, and transparency in the budget process.
2:30pm: Budget Presentation on-going by the President, Muhammadu Buhari
Budget Details: Crude Oil 42.5 Per barrel, 2.2 Million Per Barrel Output, N305/USD
LIVE: 2017 Budget Presentation By President Buhari
Meanwhile, the Minister of Budget and National Planning, Udoma Udoma says the federal government intends to spend 10 trillion naira and will issue new oil licenses as part of efforts to explore new streams of revenues to fund the 2017 budget.
Udoma made this known when he appeared before the Senate joint committee on appropriation and finance to defend the revised Medium Term Expenditure Framework (MTEF) and the Fiscal Strategy Paper (FSP).
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