President Muhammadu Buhari on Monday in Abuja signed the 2019 Appropriation bill of N8.92 trillion into law.
The president had submitted the 2019 budget of N8.83trillion to the Senate but was increased by about N10billion by the Upper House, bringing the amount to N8.92trillion.
Minister of Budget and National Planning, Udoma Udo Udoma, after the signing of the bill by the president said the 2018 Budget will help the present government consolidate the achievements of previous budgets and deliver on Nigeria’s Economic Recovery and Growth Plan (ERGP) 2017-2020.
He expressed his happiness with the implementation of the 2017 budget, which saw the N1.5 trillion implementation of capital projects during the 2017 fiscal year, and said the government will work hard to recreate the same achievement and generate the revenues required to finance projects and programmes that’ll significantly improve the economy.