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Breaking! Senate Finally Passes 2018 Budget

Breaking! Senate Finally Passes 2018 Budget

Eniola Awokoya

Finally, the Nigerian Senate, has passed the 2018 Budget of N9.12 Trillion Naira.

The passage follows the consideration and adoption of the Budget report, laid on the floor of the upper legislative chamber on Tuesday.

This is coming 6 months after the budget document, was presented to a joint session of the National Assembly in November.

The Budget document passed on the floor of the senate on Wednesday, is similar to what is being considered by the house of representatives and it shows an increase of N508 billion to take it to N9,120, 334,988,225 from the N8.6 trillion presented by President Buhari.

The Senate and House of Representatives had promised to pass the budget on April 24, but failed to do so.

There were equally assurances that the budget would be passed in the first week of May but it was not passed.