The 2018 Appropriations Bill has scaled through the second reading at the House of Representatives and has since been referred to the House Committee on Appropriations and all other relevant standing and subcommittees.
The House began the debate on the general principles of the Bill last Tuesday and the lawmakers were urged to get copies of the budget and indicate dates they wish to contribute to the debate.
It could be recalled that the President Muhammadu Buhari in November presented a proposed budget of N8.612 trillion for 2018 to the joint session of the national Assembly.
Termed a Budget of Consolidation, the president was optimistic that with a benchmark of 45 dollars per barrel at an exchange rate of N305 to a dollar in 2018, the budget would consolidate on the achievements of previous budgets to aggressively steer the economy to the path of steady growth.
