House of Representatives receives MTEF/FSP for 2020 budget

Lawan Hamidu, Abuja.

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Nigeria’s House of Representatives has received the Medium Term Expenditure Framework, MTEF and Fiscal Strategy Paper, FSP, 2020-2022 from President Muhammadu Buhari.

The document is the premise upon which the 2020 budget, expected to be laid before the joint session of the National Assembly next week, was drafted.

Announcing the communication from President Muhammadu Buhari at the plenary, the Deputy Speaker, Ahmed Idri Wase urged the lawmakers to expidite action on the document.

Sending the MTEF/FSP early this year was part of effort to return the Nigerian budget cycle to January-December.

Peace PIAK