Nigeria’s President Muhammadu Buhari will present the 2018 budget to parliament on Nov 7, 2017.
He stated this in a letter on Thursday, seeking to avoid the delays that have plagued previous budgets, not passed until well into the years they targeted.
The letter was read in the lower house of parliament by the chamber’s speaker, Yakubu Dogara.
The President did not disclose details of the budget, the government last month published a document that said the budget would be a record 8.6 trillion naira ($27.3 billion) in 2018, up 15.5 percent from this year.
Once Buhari has presented the 2018 budget to lawmakers, it must still be approved by the lower and upper chambers of parliament before it can be signed into law, a process that can take many months.
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