Nigerian finmin expects to agree budget by Friday

ABUJA, May 18 – Nigeria’s government is expected to agree an amended 2011 budget with parliament by Friday, the finance minister said, a version likely to have tighter spending plans than the proposal lawmakers set out last month.

Once both houses of parliament are happy with the budget it will be sent to President Goodluck Jonathan for assent.

“The executive and the national assembly have been engaging on the budget in the last two weeks trying to come out with a budget that is workable and that both are happy with,” Olusegun Aganga told Reuters following a weekly cabinet meeting in Abuja on Wednesday.

 

Source: Reuters Africa newsletter

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