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Jonathan presents 2014 budget today

By The Rainbow
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President Goodluck Jonathan will on Tuesday (today) present the 2014 budget to a joint sitting of the National Assembly .

The budget presentation was put off last Tuesday for undisclosed reasons.

Jonathan had written to the National Assembly a fortnight ago seeking to present the budget proposal to a joint session of the National Assembly on Tuesday, Nov. 12

The Chairman, Senate Committee on Information, Media and Public Affairs, Sen. Enyinnaya Abaribe, clarified last week to Senate Correspondents that no reason was given by the executive for the postponement

He said:'It was supposed to happen today( Last Tuesday), but the President wrote to the National Assembly asking that the event be put off till Nov. 19 due to exigencies that were beyond the control of the Presidency.

'The reasons were not made known, but if the President asks us to give him one more week I don't think there is any reason for us to start looking for the `whys'.

Jonathan is expected to propose a budget that would largely involve cost cuttings and emphasise projects completion.

2014 budget will test the president's ability to effectively ride the demand pull and the supply push in a face of declining oil revenues.

This being the president's last full budget before the 2015 elections is expected to address issues that will be pleasing to the citizens.