NATIONAL ASSEMBLY PASSES 2019 BUDGET

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The National Assembly on Tuesday, 30th April, 2019, passed the national budget bill into law though the legislature could not keep it’s earlier promise to pass the budget before the  end of April. It could  be recalled that President Buhari had on 18th December, 2018 presented the budget proposal to a joint session of the National Assembly.

While announcing the passage at plenary after a Committee of Supply had considered the 2019 Appropriation Bill (SB. 721), the President of Senate, Senator Abubakar Bukola Saraki thanked his colleagues and the Appropriations Committee for their commitment towards meeting the legislative day’s deadline. Senator Saraki also expressed expectation that implementers of the budget  would ensure total execution of the budget for the benefit of  citizens. In his words,  ‘I hope that with this budget passed, the Executive will ensure the full implementation of the Budget for the benefit of Nigerians as a whole”.

The passed N8.92 trillion budget by  the National Assembly is expected to be transmitted to the President for his  assent on Thursday 2nd May, 2019,  is higher than the executive proposal of N8.83 trillion by N90 billion. The legislature stated that the increase was  to accommodate “special interventions” and it includes N2.4 billion for severance allowance of lawmakers and N10 billion for Zamfara terrorism as well as over 160 billion for payment of increased minimum wage for federal civil servants among others.

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