Budget and National Planning Minister Udoma Udo Udoma yesterday said the 2019 Budget was ready for presentation.

He said that President Muhammadu Buhari was waiting for the National Assembly to give him a date to present the proposal to the joint session of the National Assembly for scrutiny.

According to him, “the President is ready to present the budget any day the lawmakers are ready”.

The Federal Executive Council (FEC) had at a special session last Friday approved and transmitted the budget proposal to the National Assembly.

Udoma, who briefed reporters at the State House after the FEC meeting in the company of Information, Culture & Tourism Minister Lai Mohammed and Transportation Minister Rotimi Amaechi, said that the decision on the date for the presentation “is purely in the hands of the lawmakers”.

The minister said: “As you already know, the budget is ready. We are liaising with the National Assembly because they are to give us a date. If they say today, we will go. The budget is ready.”

On the Gross Domestic Product (GDP), he said: “Today, I reported to the FEC we have seen steady recovery from the recession period the report indicates that the economy when measured by real GDP grew at 1.81 per cent in the third quarter 2018, compared to 1.5 per cent in the second quarter of 2018.

“The FEC was particularly encouraged to note that economic growth continues to be driven by the non-oil sector which grew by 3.32 per cent in the third quarter.

“This has been the strongest growth in non-oil GDP in twelve consecutive quarters since the fourth quarter of 2015.

“By economic activity, non-oil growth was driven by transportation, electricity, telecommunication, metal oils, quarry and so on. In addition, agriculture and manufacturing sectors also grew, agriculture by 1.91percent manufacturing by 1.92 per cent these are stronger growth than in the second quarter.

“So, overall, council most encouraged by these results shows improvement in the economy, it also shows that our plans are working; it equally shows that we need to intensify our economy and keep fit with our reforms through continuous implementation of the ERGP in order to continue to attract investments and set the economy on a more sustainable and inclusive growth trajectory. The council is encouraged by this and believes we should be able to do even better in the 4th quarter.”

Noting that investors will naturally be cautious in making investments during the periods of general elections, he urged investors not to be cautious with the forthcoming 2019 general elections but to invest in Nigeria.

Amaechi, said that FEC approved $22.995 million towards enhancing security of the maritime sector.

The Transport minister said: “We got an approval for NIMASA to enhance security of the maritime sector, in terms of the maritime sector we are talking about the security on the waterways and the contract is worth $22.995 million.

“It was approved for six companies to protect six sections of the coastal waterways and the $22.9 million when converted amounts to N7.13 billion.”

Source: http://www.nairafame.com/2018/12/2019-budget-buhari-awaits-national.html?m=1

Cc Lalasticlala
Cc Seun
Cc Mynd44

While waiting, let he carefully read it again and again to make sure it's error free. Take this time to quiz his ministers so that they don't make him look like a fool as they did in the past. As for those NASS members, we are watching them. None of them will return in 2019. Let them continue

You will wait tire, nod ko, use that nod you are waiting to sign the electoral Act amended bill. Mr. Integrity my foot

Pres. Buhari is an old chameleon. All for the election. This country is sad joke. What happens here can never happen anywhere in the world. Believe me. What saddens me are the young folks who see him as a mentor. A mentor who is mentorless.

#Richdad

Hope he included the 5,000 naira monthly salary he promised. Me I go need that money next year oh

When is the monkey signing the electoral bill?

This dunderhead that just approved the Budget at FEC on Friday, is already passing the blame to the National Assembly for not inviting him to present, as if its the NA that stopped the Lifeless from readying his budget months earlier.

Saraki/Dogara should even ignore the dullard until he signs the electoral amendment act. This na Democracy, everybody get where him be champion.

NASS and the committee on budget and appropriation should do the needful, please make sure it is error free..

Copy and paste budget

Nice. Only if saraki led national assembly will see it as a matter that requires prompt attention.

We don't know the outcome of the previous budget, now you guys are rushing for that of 2019. It's probably going to look juicy to please fools

nice

Wait, wait and wait. When you are dine waiting, you will sign the electoral Act into Law.
Fear fear President.
#Daura/Sudan2019

Richdad50:
Pres. Buhari is an old chameleon. All for the election. This country is sad joke. What happens here can never happen anywhere in the world. Believe me. What saddens me are the young folks who see him as a mentor. A mentor who is mentorless.

#Richdad

Children of nowadays. did you just say that budget presentation is because of election? So the country should not have a budget because we are preparing for election? Too bad to comment when you can only expose your naivity after talking.

baliyubla:
This dunderhead that just approved the Budget at FEC on Friday, is already passing the blame to the National Assembly for not inviting him to present, as if its the NA that stopped the Lifeless from readying his budget months earlier.

Saraki/Dogara should even ignore the dullard until he signs the electoral amendment act. This na Democracy, everybody get where him be champion.

Madness is not only when you stroll round the street wearing rag. It can manifest in a corporate form just as you have exhibited. read that news again, understand it properly then you can make an informed comments if you are not actually mad as I suspect.

In any case, I will help you to interpret what the the minister said, free of charge. buhari was not the one who spoke and not any of his spokesmen. The budget and planning minister was the one who was telling news reporters that the budget was ready, and that the national assembly has been notified. so that any day the national assembly schedules, the president will make the presentation.

So no one was blaming anybody here. Asking them to ignore the president worsened your public image. As for the electoral bill, the president has rightly exercised his mandate in that regard. If you like don't sleep.

LUGBE:
You will wait tire, nod ko, use that nod you are waiting to sign the electoral Act amended bill. Mr. Integrity my foot

He won't sign that one only where money go you will see him.

I think Buhari came to loot like his master (Abacha) did.

He is talking about 2019 budget while 2018 was not used for anything, he pocketed it.

if he doesnt sign the new Electoral act, he shoukdnt be allowed to bring any lifeless Budget, bill or nominations near the National Assembly.
Those idiotic rigging APC reps and senators are just too dumb. You didnt stop the bill while it was in the house, Simoly cos their lifeless incompetent Buhari refused to sign, they all of a sudden forgot they were amongst those who contributrd towards passing the bill.

Am sure This would take Saraki( worst senate ever) 5 month.

googlepikins:
When is the monkey signing the electoral bill?

Once your father as Biafra

补扑救主

It was meant for monkey to sign hence it will never be signed.

googlepikins:
When is the monkey signing the electoral bill?

have they pass 2018 budget?