FG to Present 2018 Budget to National Assembly In October

Farouk Mohammed
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Farouk Mohammed
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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and...
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The Federal Government on Thursday said it would present the 2018 budget to the National Assembly in October this year.

The Minister of Budget and National Planning Senator Udo Udoma disclosed this in Abuja.

Udoma said this during a public dialogue with top government officials, members of Civil Societies Organisation, and the organised private sector among others on the 2018-2020 Medium Term Expenditure Framework and Fiscal Strategy Paper.

He said the decision to submit the 2018 budget early is in line with provisions of the Fiscal Responsibility Act of 2007.

He said the early submission of the budget to the lawmakers would give them enough time to consider the fiscal document and pass it on time.

The minister said the overall goal of the government is to ensure that the country returns to a predictable budget year which would run from January to December.

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Farouk Mohammed is the Publisher and Lead Editor of Okay News, an international digital news platform delivering verified reporting across technology, global affairs, business, innovation, and development. He has over a decade of experience in journalism and international media, with a strong focus on geopolitics, conflict reporting, human rights, and the global digital economy.