15 Things Buhari Said In His 2019 Budget Presentation Speech

ADVERTISE HERE

ADVERTISE HERE

President Muhammadu Buhari has proposed a budget of N8.83 trillion for 2019.

The president presented the budget at a joint session of the National Assembly on Wednesday.

Here are the fifteen things he said in his speech:

1.Today,
we will review economic development over the last three-and-half years
with emphasis on 2018. We will also highlight the budget for 2019

2.The
last three-and-half years have been challenging both home and abroad.
Both oil and non-oil markets have been volatile. There have been
disruptions in oil production in the country.

3.However, we have
cause to be optimistic about the future. The economy has recovered from
recession. We have done more work with less resources in Agriculture,
Social Development and Infrastructure.

4.We have intervened
several times to support states in the payment of salaries. The Federal
Government has also sustained its efforts to curb corruption through the
comprehensive cooperation of the single treasury account

5.We have also made efforts to end the insurgencies in affected areas of the country.

6.We
thank the Armed Forces and Security Agencies for their efforts and
sacrifices in protecting the nation. We have also made many efforts to
enhance transparency and accountability in public service delivery.

7.Inflation has declined from 18.2% in January to 11.28% in November. Foreign Capital Influence has also improved.

8.Trading
is a significant contributor to our country’s economy. But we must
strengthen other areas such as Information Technology and Entertainment;
all hands must be on deck to ensure the country succeeds.

9.In
Agriculture, we are seeing increased investments in all areas of the
sector. Indeed, we are on course to achieve good security in the nearest
future.

10.We also prioritized the completion of already ongoing projects as opposed to starting new ones.

11.We
have included the implementation for the National Minimum Wage. I will
be sending a Bill to this National Assembly, on this.

12.To
further support SME’s, we have set aside N15 billion while the sum of
N10 billion has been granted to BOI for this purpose.

13.I hereby present and lay the 2019 Budget to the floor of the National Assembly for consideration and passage.

14.I hereby present and lay the 2019 Budget to the floor of the National Assembly for consideration and passage.

15.This is my last Budget Speech to the 8th National Assembly.

Source:- Dailytrustng

ADVERTISE HERE

CLICK HERE TO COMMENT ON THIS POST

Do you find Naijafinix Blog Useful??

Click Here for Feedback and 5-Star Rating!



Be the first to comment

Share your thoughts

Your email address will not be published.