Goodluck to present N4.49trn budget on Nov 12

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President Goodluck Jonathan has communicated his intention to present the proposed 2014 budget estimates valued at N4.49 trillion to the joint session of the National Assembly on November 12, 2013.

This was stated in a letter dated October 23, 2013 and addressed to the Speaker of the House of Representatives, Honourable Aminu Tambuwal, was read on the floor of the House by the Deputy Speaker, Honourable Emeka Ihedioha, on Tuesday.

“I write to crave your kind indulgence to grant me the slot of 12.00 noon on Tuesday, November 12, 2013 to enable me to formally address a joint session of the National Assembly on the 2014 Budget.

“While thanking the honourable members of the House of Representatives of the Federal Republic of Nigeria for the constancy of their support, please accept, Honourable Speaker, the assurances of my highest consideration,” the letter read.

Nigerian Tribune recalled that President Jonathan had presented the 2014-2016 Medium Term Expenditure Framework and Fiscal Strategy Paper to the National Assembly for consideration and approval, where it was indicated that the aggregate sum of N4.49 trillion would be proposed as 2014 budget, as against N4.98 trillion budget of 2013.