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Friday, 23 May 2014

Jonathan to sign Nigeria’s 2014 Budget Today

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“There are few areas of distortions and there are those areas that are very serious.”

President Goodluck Jonathan will Friday sign the 2014 Budget into law, presidency sources have told PREMIUM TIMES.

The Appropriation Act was passed by the National Assembly several weeks ago with the President declining to assent to it.
The Information Minister, Labaran Maku, had last week told journalists that the president declined to sign the act because it was distorted by the National Assembly.

“There are few areas of distortions and there are those areas that are very serious; and we think there is a need to look into them because of the negative impact those distortions may have on the implementation of the budget,” he said.

He said the contentious areas were being resolved with the lawmakers.

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