JUST IN: Senate gives Committee one-week to submit MTEF/FSP report

The Senate on Thursday gave its committee on Finance one week to consider the 2020-2022 Medium Term Expenditure Frame Work (MTEF) and the Fiscal Responsibility Paper (FSP) and submit its report.

President Muhammadu Buhari had on Wednesday submitted the 2020 MTEF/FSP to the Senate for consideration and approval as a prelude to the presentation of the 2020 Appropriations Bill.

The Committee on Finance is chaired by Senator Solomon Olamilekan Adeola, representing Lagos West Senatorial District.

President of the Senate, Ahmed Lawan, while referring the MTEF/FSP to the Committee directed them bring it back to the floor within one week.

“The document is hereby referred to the Senate committee on Finance and they should lay their report before the Senate on Wednesday next week,” Lawan said.

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