Home Business 2016 budget expires May 5, says Senate
2016 budget expires May 5, says Senate
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2016 budget expires May 5, says Senate

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The 2016 budget will expire midnight May 5, 2017, it was learnt yesterday. Chairman, Senate Committee on Appropriation, Senator Mohammed Danjuma Goje, made this known yesterday in Abuja.

Senator Goje who quoted from the Appropriation Act, said: “In line with the provision of Section 318 of the Constitution of the Federal Republic of Nigeria 1999 (as amended) the bill (2016 Appropriation Bill) will run for a course of 12 months starting from the date it is assented into law.”

He said since the2016 Appropriation Bill was assented to on May 6th 2016, it would expire at midnight May 5th, 2017.

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