Showing posts with label Nigeria National Budget. Show all posts
Showing posts with label Nigeria National Budget. Show all posts

Wednesday, April 23, 2014

National Assembly Sends 2014 Budget To Presidency


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Nigeria’s National Assembly on Tuesday sent the 2014 Appropriation Bill to President Goodluck Jonathan for assent.
The lawmakers had, before going on break for the Easter holiday, passed a budget of 4.695 trillion Naira as against 4.642 trillion Naira proposed by the executive.
They also adopted a benchmark price of $77.50 per barrel of crude oil an increase from $74 per barrel proposed by the executive.
The 2014 budget was presented to the National Assembly by the Minister of Finance, Dr Ngozi Onkonjo-Iweala on behalf of President Jonathan on December 19.