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Wednesday, 17 December 2014

Jonathan to present N4.4 Trillion budget today


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President Jonathan

President Goodluck Jonathan will today present the 2015 budget proposal of N4,357.96 trillion to the National Assembly.


President Jonathan in a letter to both the Senate and the House of Representatives which was read on the floor of the two chambers also showed a revision of the oil benchmark from the initial $73 per barrel to $65 per barrel.

President Jonathan informed the National Assembly that the Minister of Finance, Dr. Ngozi Okonjo-Iweala will lay the budget estimate on the floor of the Senate. This is the second time the Minister of Finance will be presenting the national budget to the National Assembly on behalf of President Jonathan. The first time the development was recorded in the history of Nigerian national budget presentation was last year when the President delegated his power to the Minister to represent him.
Okonjo-Iweala
Ngozi Okonjo-Iweala

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