The 2015 Budget is to be presented on Wednesday December 17 to the National Assembly by Nigerian Minister of Finance, Dr Ngozi Okonjo-Iweala.
In a letter to the National Assembly, which was read in both chambers on Tuesday, President Goodluck Jonathan requested that the Finance Minister should be allowed to present the budget on his behalf on December 17.
The President also requested that the budget should be considered by the senate at the same time with the revised Medium Term Expenditure Framework (MTEF) which was also sent to the National Assembly with a revised figure of $65 dollars oil benchmark price.
The Minister of Finance, was spotted leaving the House of Representatives after a meeting with the speaker of the house, Mr Aminu Tambuwal.
After the meeting the plenary began and the Speaker read the letter from the President to the House.
The Minority Leader, Femi Gbajabiamila, however, raised a point of order on the matter, wondering why the President wont present the budget himself.
After much deliberation on the issue, the Speaker ruled on the issue, giving consent to the request for the Finance Minister to present the budget.
Nigerians are looking forward to seeing how much government will spend in 2015 and how it intend to increase its revenue despite the falling oil prices, however critics have said that the 2015 budget had been delayed beyond reasonable time, considering how long it would take the National Assembly to debate on the budget before approval.