Budget 2018 being finalised, says Presidency


The Presidency has said the 2018 budget is being finalised following the postponement of this week’s Federal Executive Council (FEC) meeting which normally holds on Wednesday to Thursday (today).
The spokesman of President Muhammadu Buhari, Garba Shehu, announced the postponement in a tweet. He said the only agenda of the meeting is the 2018 budget.
“Federal Executive Council (FEC) meeting will hold tomorrow, Thursday October 26. Agenda is #Budget2018, which is currently being finalised,” the tweet read.
Buhari and Vice-President Yemi Osinbajo returned to the country late Tuesday after different trips abroad.
While the President was in Niamey, Niger, for an Economic Community of West African States (ECOWAS) meeting, his deputy attended the Extractive Industries Transparency Initiative (EITI) beneficial ownership transparency conference in Jakarta, Indonesia.
As at the time of filing this report, the reason for the postponement of the meeting remains sketchy.

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