Read latest Nigeria news trending right now on NigeriaTrends.com via Nigerian Newspapers.... "Jonathan presents 2014 budget November 12"
President Goodluck Jonathan on Tuesday wrote the Senate seeking for approval to present the 2014 Appropriation Bill to the joint session of the National Assembly on November 12.
The President presented the 2013 budget of N4.9 trillion to the joint session of the National Assembly on October 10, 2012.
Jonathan in a letter titled: “2014 budget” dated October 23, 2013 requested the lawmakers to grant him Tuesday, November 12 to enable him formally present the 2014 budget.
The letter reads in part, “I write to crave your indulgence to grant me the slot of 12 noon on Tuesday, 12th November 2013 to enable me formally address a joint session of the National Assembly on the 2014 budget.”
Senate President, David Mark, read the Presidential letter on the floor of the upper chamber on Tuesday.
Some Senators noted however that the Senate could only grant the November 12 date for the presentation of the budget if the Medium Term Expenditure Framework (MTEF) was adopted and passed by the two chambers of the National Assembly.
The Senate joint Committee on Finance and Appropriation was still battling with the MTEF on Tuesday.
The fiscal document states the basis for some projections in the budget.