Legislative sources have confirmed that President Muhammadu Buhari will present the 2021 Appropriation Bill to the joint session of the National Assembly on Thursday.
It was gathered that the Executive has written formally to the legislature about the desire of the President to present the N13.09 trillion appropriation bill which was earlier approved by the Federal Executive Council (FEC).
According to a lawmaker, all is set for President Buhari to present the budget proposal as letters of request to that effect from President Buhari are expected to be read at plenary on Tuesday, October 6 at the two chambers of the Assembly by 11 a.m.
You will recall that the Senate President, Dr Ahmad Lawan had upon resumption of Senate plenary after a two-month annual vacation last Tuesday hinted that the Executive arm of government will this week present the 2021 budget estimates to the National Assembly.
According to Lawan, the budget proposal will be subjected to scrutiny by relevant committees of the upper legislative chamber.
Also, heads of ministries, departments and agencies (MDAs) will be expected to defend their estimates.
Meanwhile, the Appropriation Bill is expected to be passed in the early week of December so that the President can assent to it before the end of 2020.
Source: THISDAY