Presidency’s hope of presenting the N6.86 trillion 2017 Appropriation Bill to the National Assembly by October 31 has failed.
In preparation for the presentation on October 4, the President forwarded the Medium Term Expenditure Framework (MTEF) and Fiscal Strategy Paper (FSP), for 2017-2019, which explains fundamentals of government’s revenue and expenditure to the National Assembly in August before lawmakers embarked on their summer recess.
The MTEF is a precursor to the national budget.
The proposed MTEF/FSP for next year...read it here...