Lawmakers Increase 2018 Budget By N508bn

NASS increases 2018 budget from N8.612tn to N9.120tn

The Nigerian Senate on Tuesday, May 15, 2018, received the report on the 2018 budget - six months after President Muhammadu Buhari presented the document to the National Assembly.

The motion for the presentation of the budget report was moved by Senator Danjuma Goje, who is the Chairman of the Appropriation Committee and seconded by Senator Matthew Uroghide.

Also, the budget has just been laid before the House of Representatives by the Appropriations Committee.

The House proposed N2.86tn as contribution to the Development Fund for Capital Expenditure.

The 2017 budget expires on May 31, 2018.

Expeditious consideration for the 2018 budget estimates by both chambers of the National Assembly ran into troubled waters in December past year when the federal lawmakers observed that details of implementation of the capital components of the 2017 budget were not made available by the executive.

Vodafone promotes CFO Read to succeed Colao as CEO
Read has been CFO since April 2014 and was previously CEO for the Africa, Middle East and Asia Pacific region. Gerard Kleisterlee, chairman of Vodafone , said Colao's tenure had been "outstanding".

The delay had prompted President Muhammadu Buhari to issue a deadline to heads of all MDAs to defend their budgets unfailingly.

The details of the budget were listed on the order paper available at the senate on Tuesday.

Therefore, the Senate on February 14, 2018, gave the MDAs one-week ultimatum to submit details of their 2018 budget proposals or risk sanctions.

" I think it is very clear that the mandate we give to them is one week".

Speaking during today's House sitting, Yusuf Lasun, Deputy Speaker of the House of Representatives, said the lawmakers are expected to pass the budget on Wednesday or Thursday.

"I have earlier said it in other fora that the senate targets to lay the budget this week at its plenary".

Related News:

  • Police department applauds students for 'one of the best' senior pranks

    Police department applauds students for 'one of the best' senior pranks

    In an unusual move, a police department in Wisconsin is actually praising high school seniors for their creative prank. When the local police congratulate the entire class on their senior prank, you know they pulled off something great.
    Former Democratic leader Harry Reid is being treated for pancreatic cancer

    Former Democratic leader Harry Reid is being treated for pancreatic cancer

    Catherine Cortez Masto, and as leader of Senate Democrats by New York Sen. "We are all praying for dear Harry's speedy recovery". The former Senate Democratic leader declined to seek re-election in 2016 after more than three decades in Congress.
    'Last Man Standing' renewed by Fox after being canceled by ABC

    'Last Man Standing' renewed by Fox after being canceled by ABC

    Fox executives were also asked if Allen's politics were seen as a potential benefit. "I've missed my Baxter family", Fuller wrote. It really limited the opportunities to schedule Brooklyn . "We put it into development, and made a commitment to it right way".
  • Mariners' Robinson Cano Suspended 80 games

    Mariners' Robinson Cano Suspended 80 games

    Diuretics can be used as a masking agent to hide the presence of performance-enhancing drugs or to assist rapid weight loss. The 35-year old veteran says he received it for medical reasons but did not realize it was on a list of banned substances.
    Oil inventories of developed nations decline: OPEC report

    Oil inventories of developed nations decline: OPEC report

    U.S. shale oil production is expected to rise by about 145,000 bpd to a record 7.18 million bpd in June, the U.S. USA crude futures climbed 49 cents, or 0.69%, to $71.19 a barrel on the New York Mercantile Exchange.
    Maharashtra ATS Arrests Man Planning Terror Attacks

    Maharashtra ATS Arrests Man Planning Terror Attacks

    Mirza is said to have told the intelligence agencies that there are at least six training camps active in and around Karachi. Devadiwala was Mirza's handler and the latter was awaiting orders from Devadiwala when apprehended, sources revealed.
  • Neuer Makes A Surprise Return In Low's Provisional List

    Neuer Makes A Surprise Return In Low's Provisional List

    Germany have reached at least the semifinals of all five tournaments they've competed at since. Die Mannschaft's final warm-up games are against Austria on June 3 and Saudi Arabia on June 8.
    Laurel or Yanny? This audio clip is driving the internet insane

    Laurel or Yanny? This audio clip is driving the internet insane

    If you mess around with the pitch, you'll also maybe hear different sounds depending on how messed up your ears are. Listen to the following recording and head to the WGN Facebook page and tell us what you hear.
    Co-Pilot Nearly Sucked Out Of Plane After Cockpit Window Shattered

    Co-Pilot Nearly Sucked Out Of Plane After Cockpit Window Shattered

    Fox News said that the Sichuan Airlines incident is the sixth time in one month where there have been airline window problems. Even with all of that going on, the plane was able to land safely in another part of China after the break.
  • 70 officers escort Ind. boy to school after dad's death

    70 officers escort Ind. boy to school after dad's death

    Then an officer presented the young LAD with his own SWAT shirt as he made his way to the door of Sullivan Elementary School. His father Rob Pitts, a 16-year veteran with the force, was tragically killed on May 4 in a shootout aged 45.
    Rage 2 gets a gameplay trailer, due in 2019

    Rage 2 gets a gameplay trailer, due in 2019

    Bethesda responded in hilarious fashion to the latest leak, with the Rage Twitter account posting the tweet below. The trailer promises that Rage 2 will have an open world for players to explore and "insane action".
    Elon Musk Says Tesla Model S Crash Media Coverage Is 'Messed Up'

    Elon Musk Says Tesla Model S Crash Media Coverage Is 'Messed Up'

    On Monday firefighters in Switzerland said a fatal accident involving a Tesla may have set off a fire in the car's battery. The 18 year-old driver slammed into a concrete wall, and the vehicle burst into flames, trapping the occupants inside.


Most liked

WHO Calls for Global Ban on Trans Fat
Partially hydrogenated oils were first introduced into the food supply in the early 20th century as a replacement for butter. The agency estimates that every year trans-fat intake leads to more than 500,000 deaths from cardiovascular disease.

Judge rules Mueller has authority to prosecute former Trump campaign chairman Manafort
Manafort, Jackson said, was not merely associated with President Donald Trump's campaign but served as its chairman for a time. Manafort has asked a different federal judge there to dismiss his case on similar grounds.

Sen. Lee celebrates embassy move to Jerusalem
Iran's Foreign Ministry on Monday urged Muslims to unite against U.S. relocation of embassy in Israel, the state TV reported. More than 50 Palestinians were killed and over 1,200 wounded by Israeli gunfire amid mass protests Monday.

Aston Villa heading to Wembley after draw with Middlesbrough in Championship play-offs
With respect to Fulham (and Birmingham) fans, it's easy to make Villa the emotional favorite of the playoff final. As a team, Villa made 29 total clearances against Boro , with James Chester contributing the most with seven.

White House's Kudlow: Not certain what United States will do on China's ZTE
ZTE has more than 75,000 employees and is the fourth largest phone maker in the U.S. Separately, top Republican Senator Marco Rubio too warned the White House on ZTE.

Brace for hail, flooding, possible tornado as wild thunderstorms pummel state
To be more specific, the weather service indicated that the main time of concern for the thunderstorms is between 2 and 9 p.m . Stay with News 12 CT for the latest weather information, and download the News 12 app for on-the-go weather updates.

Lyft drops arbitration requirement for sexual assault cases
The drivers were either arrested, are wanted by police, or have been named in civil suits related to the incidents. Lyft , a rival vehicle service, had similar terms of service requiring passengers to use arbitration.

Ryan Reynolds has even started referring to himself as 'Mr Lively'
It's a surprisingly hip and fresh comedy. "The story is built on emotion, and there is a beating heart in the middle of it". Well, believe them! The movie also doesn't shy away from the gore, justifying the R-rating to fullest.

North Korea has begun dismantling nuclear test site, experts say
North Korea has announced that they will dismantle Nuclear Test Site this month, ahead of the big Summit Meeting on June 12th. The site is where 5 of the past 6 nuclear tests were conducted.

NBC To Debut 3 New Shows In September, 8 For The Season
NBC is dedicating a night to Dick Wolf in the 2018-19 season and will lean on reality programming next spring. Greenblatt acknowledged the quickest they could get Brooklyn Nine-Nine on the schedule would be midseason.

Gap pulls shirt with incorrect map of China from stores, issues apology
The fashion retailer has also pulled the product off its shelves in China and destroyed the shirts, a statement on its Weibo read. Gap is the latest of several companies that have apologised for perceived slights to China's sovereignty.

PM Modi congratulates Malaysian counterpart over phone on his victory
Mahathir, 92 was sworn in as the leader on Thursday, making him the world's oldest democratically elected leader. Asked about other possible crimes, Mahathir said: "We can not do everything at the same time at one go".

Brussels presses United Kingdom for progress on post-Brexit Irish border
Max fac - or the Maximum Facilitation proposal - will use technology to ensure that goods can be traded freely across borders. Barnier later said that there had been "a little, not very little progress" but warned that more was urgently needed.

'Memories' Transferred From One Snail to Another Via Injection, Scientists Say
Biologists believe that in the future this method can be used to recover memories lost in the early stages of Alzheimer's disease. Next, the researchers added RNA to Petri dishes containing neurons extracted from different snails that did not receive shocks.

Honor 10 launching in India today
Design-wise, the camera is located on the top left corner and is aligned horizontally with an LED flash on the inner edge. Huawei's online youth-oriented brand Honor launched its flagship phone the Honor 10 in London on Tuesday.