This Day (Lagos)

Nigeria: Jonathan Assents to 2013 Appropriation

By Muhammad Bello, 26 February 2013

The long drawn impasse over the 2013 Appropriations Bill between the Presidency and the National Assembly (NASS) ended Tuesday with the signing of the N4.987 trillion budget by President Goodluck Jonathan as passed by the legislature and forwarded to him early in January without media coverage of the event.

The appropriation bill based on an oil bench mark of $75 per barrel as presented by the president was later fine tuned by the NASS to $79 per barrel, increasing the budget to N4.987 trillion.

This increase, and other issues: demand for funds to bankroll constituency projects of the legislators, their demand for the sack of the Director General of the Security and Exchange Commission (SEC) and others, was to later constitute major cause of disagreement between the two arms of government.

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