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BUDGET: Senate passes the 2016 Budget

Senate President, Sen. Bukola Saraki signing the budget into law
The Senate has passed the 2016 budget on Wednesday, with a reduction in the budget’s total.
President Muhammadu Buhari presented a N6.08 trillion proposal in December 2015.The Senate passed N6,060,677,358,227 trillion budget after considering its conference report on the budget.

The senate President reveals this in a tweet:


This will be the first time since 1999 that the legislature (National Assembly) would approve a figure lower than proposed by the executive, John Enoh, who heads the senate finance committee, said.
He said that reflected the “mood of the country and the world” and showed “discipline” of the part of the National Assembly.

The House of Represen
BUDGET: Senate passes the 2016 Budget BUDGET: Senate passes the 2016 Budget Reviewed by Newnow on 4:33 pm Rating: 5

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