President Muhammadu Buhari has fixed September 2020 to present the 2021 budget to a joint session of the National Assembly.
Naija News reports that Buhari will on Friday sign the revised 2020 Appropriation Bill into law.
This was made known by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed on Thursday during a meeting with the leadership of the National Assembly.
Zainab meets with the lawmakers to discuss plans to submit the 2021-2023 Medium Term Expenditure Framework and Fiscal Strategy Paper (MTEF/FSP) later this month.
Mrs. Ahmed, according to a statement by the Special Assistant (Press) to the Senate President, Ezrel Tabiowo, said that Buhari had given directives for the Ministry to expedite action on next year’s budget estimates to enable him present the 2021 budget by the end of September this year.
She disclosed that Buhari will tomorrow (Friday) sign into law, the revised N10.8 trillion budget for the year 2020 passed by the National Assembly in June.
“This for us is a journey towards ensuring that the progress that we have made as a collective to return the fiscal year to January – December is maintained for the 2021 budget as well.
“The President has directed that we must deliver the budget to the National Assembly by the end of September,” the Finance Minister said.