The 2018 appropriation bill tagged, “Budget of Accomplishment” was presented at a packed full plenary presided over by the Speaker, Kola Oluwawole.
The proposed budget is greater than 2017 budget of N93.09bn by 5.5 per cent.
“The recurrent to capital ratio is 67:33 as against 42:58 in the 2017 fiscal year. This was in consonance with the Fiscal Responsibility Plan which is globally acceptable.
The bill consists of N66.4bn recurrent and N32.1bn capital expenditure.
“We have chosen to be sincere and be realistic with our people instead of having a bogus budget that is unrealisable.”]]>
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