Monday 28 September 2015

President Buhari to send supplementary budget to National Assembly

President Muhammadu Buhari has concluded plans to send a supplementary budget to the National Assembly.
The Special Adviser to the President on Media and Publicity, Mr. Femi Adesina, disclosed this yesterday. Adesina was answering questions on what the Federal Government would do since it had exhausted its borrowing limit in the 2015 budget and the Debt Management Office had continued to issue fresh government bonds and treasury bills. 
                    

MUHAMMADU BUHARI, President, Fed. Republic of Nigeria



The presidential spokesman said the Ministry of Finance had already prepared a letter to be sent to the National Assembly, suggesting a supplementary budget for the country. He said the supplementary budget, once approved, would then empower the DMO.

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