Barring any last-minute changes, President Muhammadu Buhari will on Thursday present the 2021 budget estimate at a Joint session of both chambers of the National Assembly.
The date of presentation is exactly a year since the 2020 budget was presented to the joint session.
President of the Senate, Senator Ahmed Lawan made the announcement at plenary as he read the President’s correspondence at plenary to Senators.
The letter reads in part: “May I crave the kind indulgence of the Distinguished Senate to grant me the slot of 11:00hrs on Thursday, 8th October 2020, to formally present the 2021 Appropriation bill to the Joint Session of the National Assembly.
“While I look forward to addressing the Joint session, please, accept Mr Senate President, the assurances of my highest regard.”
The President may be setting a new tradition of early submission of the budget as it would be exactly no one year after the executive presented the 2020 budget to the joint session which leads to returning the budget cycle to January – December.
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