Senate confirms presentation of 2013 Budget for next week

The 2013 Budget presentation by President Goodluck Jonathan, to the national assembly may hold next week, as confirmed by the leadership of the Senate.

President Jonathan present the 2012 budget to a joint assembly in 2011

President Jonathan had earlier planned to present the 2013 budget on Thursday, the 4th of October, but the date was turned down by the House of Representatives, which claimed it is yet to conclude work on the medium term fiscal framework which is the basis for the 2013 budget.

However, Senate leader, Senator Victor Ndoma-Egba, on Wednesday announced that the president will now present the budget next week, but he did not specify the exact date next week when the budget will be presented.

Meanwhile a Senate panel has summoned the Finance minister, the Accountant-General of the Federation as well as the Governor of the Central Bank of Nigeria (CBN) over the non-release of the PTDF fund.