Headline

Breaking: Finally, Senate passes 2018 budget

Published

6 years ago

May 16, 2018

Zacheaus Somorin

Banditry: Senate approves N10bn intervention to assist displaced persons in Zamfara

Finally, the Senate has passed a record 9.12 trillion naira ($30 billion) budget for 2018 on Wednesday.

The total sum laid out in the plan passed by the Senate is higher than the 8.6 trillion naira budget presented to parliament by President Muhammadu Buhari in November.

Lawmakers said the increase was due to the assumed oil price rising to $51 per barrel, up from $45 in Buhari’s earlier version.

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Zacheaus Somorin

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