TheCable

President Muhammadu Buhari will sign the 2018 budget into law on Wednesday.

A presidential source told TheCable that the budget would be signed at 11am.

Last week Femi Adesina, special adviser to the president on media and publicity, had told state house correspondents that the president would give assent to the budget this week.

Two weeks ago, Udoma Udoma, minister of budget and national planning, said the president had not signed the budget because he was still studying it.

The national assembly passed the budget in May, jerking it up from N8.6 trillion to N9.1 trillion.

Meanwhile, this week’s federal executive council (FEC) meeting has been cancelled.

This is due to the celebration of Sallah, marking the end of the Ramadan month.