Nigeria: House Of Reps Suspend Passage Of Budget Till After Presidential Election

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Reports have emerged yesterday, that the House of Representatives failed to pass the 2015 budget as it adjourned plenary till March 31, by which time the election to determine the nation’s next crop of National Assembly members would have taken place.

Daily Post reported that the estimated N4.3trn budget was expected to have been passed on Thursday, but the lower chamber adjourned without passing the budget.

The two chambers of the National Assembly had also in a joint conference, adopted $53 as the crude oil benchmark for the budget and equally agreed on N190 as the exchange rate of naira to the US Dollar.

It would be recalled that the Presidential and National Assembly elections were rescheduled by the Independent National Electoral Commission, INEC, to hold on March 28.

Datboyjerry

Datboyjerry

I am but your herald boy in the art of the pen.. An eccentric Environmental Biologist smouldered in the glorious epiphany of online journalism. If you ever find my article unduly insipid, sue me and i’ll refund you...

1 comment

  1. Good day people please advice the chairman lga of oriade to repair red gate road inside we are suffering the road is terrible
    he should be of help

    oriade chairman isnt working at all the roads are in bad shape

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