Home News Senate begins debate on 2018 Appropriation Bill

Senate begins debate on 2018 Appropriation Bill


The Senate on Tuesday began its debate on the 2018 Appropriation Bill.

The Bill was submitted to a joint session of the National Assembly by President Muhammadu Buhari on November 7.

The Bill was introduced for a second reading on the floor of the Senate by the Senate majority leader, Ahmed Lawan.

It seeks to authorise the issue from the Consolidated Revenue Fund of the Federation, the total sum of eight trillion, six hundred and twelve billion, two hundred and thirty-six million, nine hundred and fifty-three thousand, two hundred and fourteen Naira (N8,612,236,953,214).

The Bill has a nominal increase of 16% above the 2017 Budget which was N7.3 trillion.