President Muhammau Buhari
President Muhammau Buhari has arrived the National Assembly to present the 2020 appropriation bill to the joint session of the assembly for approval.
The president came into the Assembly at 2:04pm
2:05pm: National Assembly was taken.
2:07pm: Muslim and Christian prayers were observed.
2:09pm: Senate President, Ahmad Lawan addressing the joint session of the National Assembly.
The Senate President welcomed Buhari and his Vice, Yemi Osinbajo to the Assembly for the budget presentation. He pledged the National Assembly’s support for the president to actualise the next level agenda.
2:18pm: Buhari begins budget presentation
-Buhari says the nations Gross Domestic Product has grown from 1.93 percent in 2018 to 2.02 percent in the first half of 2019.
-He says inflation down from peak of ~18% in Jan 2017 to ~11% by August 2019. External reserves up from $23bn in October 2016 to ~$42bn in Sept 2019.
-Buhari says Capital importation up from $12bn in H1 2018 to $14bn in H1 2019.
More to come…
Source : PM News
