The Federal
Executive Council today approved the 2018 budget proposal.
The Minister
of Budget and National Planning, Udoma Udoma, disclosed this while addressing
State House correspondents after the cabinet meeting chaired by President
Muhammadu Buhari.
The minister
said the executive would liaise with the legislature to agree on a date the
president would present the document to the National Assembly.
Udoma refused
to give the details of the draft budget approved.
He said the
executive had fulfilled its promise of getting the budget proposal ready in
October.
The Council also approved a 14-kilometre
330KVA electricity transmission line at a cost of N796.6million.
This was according to the Minister of Power, Works and Housing, Mr Babatunde
Fashola, who briefed State House Correspondents on the outcomes of the FEC
meeting which held on Thursday in Abuja.
Although
power form parts of discussion at the meeting, the Council deliberated majorly
on the 2018 budget.
Culled from Daily Trust and ChannelsTV
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