The Federal Executive Council (FEC) in a special session presided over by President Muhammadu Buhari on Friday approved the 2019 Appropriation Bill.
Minister of Budget and National Planning, Senator Udoma Udo Udoma, disclosed this to State House correspondents at the end of the meeting in Abuja.
He said the Bill will soon be presented to a joint session of the National Assembly but did not give any date.
The minister did not also disclose the details of the bill, saying that it would amount to usurping presidential powers to do so.
However, Udoma had announced that the Federal government is considering a 2019 budget of N8.6 trillion, lower than the N9.1 trillion approved by lawmakers for 2018.
Udoma said the decision to reduce the estimate is because of reduced government revenue projection for 2019.