HIGHLIGTHS

FG proposes n8.73tr for 2019 budget

The Federal Government has proposed N8.73tr for next year’s fiscal calendar, N400bn lower than that of this year. According to the Minister of Budget and National Planning, Udoma said Medium Term Expenditure Framework (MTEF) for 2019 to 2021 has been approved by the council and that it would soon be submitted to the National Assembly for further consideration.