LIVE UPDATES: President Buhari Presents 2020 Budget Proposal To NASS

The first joint session of the National Assembly is underway for the presentation of the 2020 Appropriation Bill.

President Muhammau Buhari has arrived the National Assembly Complex.

Welcome to our live update.

14:39pm: Debt service is estimated at 2.45 trillion Naira, says President Buhari.

14:33pm: President Buhari says the receipts from VAT in the last budget year were below expectation

14:31pm: We are current on salaries and over head costs, says President Buhari.

14:25pm: The President gives a brief analysis of the premise upon which the budget has been put together.

14:18pm: President Buhari takes to the podium to address the joint session.

14:09pm: Senate President, Ahmad Lawan addressed the joint session of the National Assembly.

14:07pm: Muslim and Christian prayers are observed.

14:05pm: The National Assembly formalities began.