The Nigerian House of Representatives has approved the request of President Goodluck Jonathan for the Minister of Finance, Dr. Ngozi Okonjo-Iweala, to present the 2014 budget to both chambers of the National Assembly.
The House approved Thursday, December 19, for Dr. Okonjo-Iweala to lay the budget before the lawmakers but the Senate is yet to take a decision on the letter.
A report on the 2014 Medium Term Expenditure Framework was also received and adopted by the House of Representatives.
The Senate is yet to receive the report despite the scheduling of the report on the order paper.
Both chambers agreed to leave the oil benchmark at 77.5 dollars per barrel, ending months of disagreement.
The initial proposed 2014 Budget presentation date was shifted by the Nigerian President due to the delay by the Senate and the House of Representatives in reaching a common ground on the benchmark.