The Federal Executive Council (FEC) presided over by President Muhammadu Buhari has just approved the proposals for the 2019 budget.
The Minister of Budget and National Planning, Udoma Udo-Udoma, has disclosed this to State House Correspondents in Abuja.
A special session of FEC on the budget ended a few minutes ago.
Udo-Udoma stated that the next stage was to liaise with the National Assembly to pick a date for the presentation of the estimates by Buhari.
The Federal Government is proposing N8.6trillion as the budget for next year.